Well, there goes another Budget where the stimulus for smaller businesses was once again lacking. Why do they insist on reducing the corporation tax rate for larger businesses when it is smaller businesses who really need the help?
The one upside is that a lot of families who thought they were going to lose Child Benefit will still get it as long as neither party earns more than £50,000. If either party earns more than £60,000, it is lost completely and there is a sliding scale between the two figures where it is gradually withdrawn.
Please do e-mail us with your comments or questions on the Budget!
March 2012 Budget Summary (53)
News
We have launched our “Red Envelope“. If you utilise our book keeping and VAT preparation services, we will shortly be sending you a Red Envelope. This is for you to return your monthly or quarterly book keeping information to us. Once we receive a Red Envelope from you, we will send you another one ready for the next batch of information.
We hope that you find this useful. We believe that putting your information into the Red Envelope as soon as you’ve dealt with it will help you keep your relevant paperwork together and once it is in there, you can forget about it (other than posting the envelope to us of course!).
Please do provide us with feedback as to whether you like the idea and whether the envelopes are of a suitable quality to safely convey your information to us. We will use this feedback to drive any future improvements to the design.
Blog, News
HMRC can charge a penalty of up to £3,000 if it believes a company isn’t keeping adequate records. Revenue inspectors are set to carry out an extra 50,000 random investigations this this year so you need to ensure that you are complying with the Revenue’s best practice guidance.
HMRC guidance on records to keep
News
Our summary of what was in the Budget yesterday, 24 March 2010, is now available to download. Should you wish to discuss anything with us, please don’t hesitate to contact us.
Budget 2010 summary (444)
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It can be a very daunting thing to do, but changing your accountant need not be stressful and as we are professionals, it will be done smoothly and without much direct involvement from you.
Read more…
News
Annual accounts, How to change your accountant
Please find a PDF document detailing the pre-budget report highlights below. If you have any queries regarding anything on the report, please do contact us.
Pre Budget Report 2009 (218)
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