Solicitor Accounts Rules Changes

Solicitor Accounts Rules Changes

by | Oct 11, 2019 | News

Solicitor Accounts Rules Changes The Solicitor Accounts Rules (SAR’s) are a set of rules put in place to regulate solicitors and law firms of England and Wales. They are governed by the Solicitors Regulation Authority (SRA) which is the independent regulatory body...
What is an audit?

What is an audit?

by | Oct 4, 2019 | Audits

What is an audit? What is an audit?  An audit is an official inspection of an organisation’s accounts, which aims to provide an independent opinion on the ‘truth and fairness’ of a set of financial statements. This is important because often those that own the...
Does my company need an audit?

Does my company need an audit?

by | Sep 26, 2019 | Audits

Does my company need an audit? Whether your company needs an audit will depend on a number of factors.  It’s size, what the articles of association say and if the shareholders ask for one. For audit exemption a company must qualify as small, or have qualified as small...
What is the audit process?

What is the audit process?

by | Sep 18, 2019 | Audits

What is the audit process? The audit process includes procedures to obtain audit evidence to provide the auditor with reasonable assurance that the financial statements are free of material misstatement. An audit will examine the financial records of the entity being...
Who needs to complete a Tax Return?

Who needs to complete a Tax Return?

by | Sep 10, 2019 | Tax

Who needs to complete a Tax Return? You may be starting to think about whether you need to complete a Tax Return this year? To help with this we have summarised the main points below. Generally those individuals who receive a source of income, that is not taxed at...
Making Tax Digital for Business: VAT

Making Tax Digital for Business: VAT

by | Sep 9, 2018 | Tax

Making Tax Digital for Business: VAT HMRC is phasing in its landmark Making Tax Digital (MTD) regime, which will ultimately require taxpayers to move to a fully digital tax system. Regulations have now been issued which set out the requirements for MTD for VAT. Under...
Employer Provided Cars

Employer Provided Cars

by | Aug 18, 2018 | Tax

Employer Provided Cars The scale of charges for working out the taxable benefit for an employee who has use of an employer provided car are now announced well in advance. Most cars are taxed by reference to bands of CO2 emissions multiplied by the original list price...
Self-Funded Work-Related Training

Self-Funded Work-Related Training

by | Jul 13, 2018 | Tax

Self-Funded Work-Related Training The government had previously announced that it would consult on extending the scope of tax relief currently available to employees and the self-employed for work-related training costs. A call for evidence consultation has now been...