In 2015 the Government announced its commitment to bringing our tax system into the 21st century by introducing digital technology and dispensing with the annual tax return. The new system would involve digital quarterly reporting with a view to making tax simpler and easier to manage for the taxpayer. The Financial Secretary to the Treasury, … Continue reading Digital Tax Reporting – The Story So Far
Flushed with success following the introduction of their Connect scheme (an information sharing program), HMRC have once again been focussing on cash-based businesses. As a part of their investigations, officers from HMRC often pose as customers in restaurants, fast food outlets, bars and even hairdressing salons , with a view to obtaining more information about … Continue reading HMRC – Under Cover or On-The -Spot
Green & Co are a forward thinking and proactive, Chartered Certified Accountancy Practice, with a diverse range of successful clients and an excellent team environment. We have recently been awarded an Investors In People Gold Award and we are now seeking an accountant to join our team. This is an excellent opportunity for anyone wanting … Continue reading Job Vacancy: Semi-Senior Accounts Technician
Green and Co are a forward thinking and proactive, Chartered Certified Accountancy Practice, with a diverse range of successful clients and an excellent team environment. We have recently been awarded an Investors In People Gold Award and we won Best Independent Firm in Wales in the 2014 British Accountancy Awards. Due to an increase in … Continue reading Accountant vacancy!
It’s February again, and many an accountant and tax advisor is heaving a sigh of relief that another self-assessment deadline has passed. The month of January often puts extra pressure on accounting professionals as they endeavour to submit eleventh-hour returns before the end of the month to help their clients avoid penalties and interest on … Continue reading Don’t Put Off Until January What You Can Do In July…
So you have just started up your own business. Things are going well. Do you really need an accountant, you ask? You may believe that the business isn’t established enough to need one. But unless you are an expert in tax and accounts, you may soon find a steep learning curve awaits. Appointing an accountant … Continue reading New Business? Start On The Right Foot!
A new report by the Association of Chartered Certified Accountants (ACCA) has questioned whether the next inevitable step of business is the introduction of robots in the workplace. Fear not, Hollywood fans! In this case we don’t mean walking, talking robots sent back in time to enslave us, rather software tools that are designed to … Continue reading Automate Your Accountant!
Well actually, neither. As most business people can appreciate maintaining a professional relationship between service provider and client is important. This relationship is emphasised in the world of accounting where professionalism and integrity form a large part of the services provided as a result of legislation across the profession. However, it is not uncommon for … Continue reading Friend or Foe?
Accountants in the Past Accountants have undoubtedly been employed in some form or another since as far back as we can remember. In the Middle Ages, someone had to calculate how many eggs the chickens could lay and estimate how much grain to store for the winter, as well as counselling the King on the … Continue reading Why Your Business Needs An Accountant
HMRC restarted their business records checks in November 2012 on the expectation that such checks will increase the tax yield significantly. During a pilot of the scheme HMRC state that 10% of the 2,437 businesses they visited had inadequate records and a further 26% had records that gave rise to concerns. The business records check(BRC) will … Continue reading Will your records pass the test?