Blog: General

  Increase in the minimum qualifying period The minimum period throughout which certain conditions must be met to qualify for Entrepreneurs’ Relief (ER) is being increased from one year to two years. This has effect for disposals on or after 6 April 2019, except where a business ceased before 29 October 2018. Where the claimant’s

  Chancellor Philip Hammond’s second Spring Statement was delivered against a backdrop of political turmoil, following the voting down of Prime Minister Theresa May’s Brexit withdrawal deal. Despite describing the economy as ‘remarkably robust’, the Chancellor offered a clear warning on the potential impact of a no-deal scenario, which he said would put progress on

  A number of other key changes are coming into effect during 2019, which may have an impact on your business and personal finances. 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 normally announced well in advance. Most cars are

  HMRC is phasing in its Making Tax Digital regime, which will ultimately require taxpayers to move to a fully digital tax system. Under the new rules, businesses with a taxable turnover above the VAT threshold (currently £85,000) must keep digital records for VAT purposes and provide their VAT return information to HMRC using MTD

  The Chancellor has announced various consultations and publications on possible future changes. These included: NICs Employment Allowance draft regulations Following the announcement in the Autumn Budget of reform of the national insurance contributions (NICs) Employment Allowance to restrict it to businesses with an employer NICs bill below £100,000, the government will invite technical comments

Go into work. Further your career. Develop your workforce. Grow your business. With fully funded training programmes from www.gogrow.org.uk Could your business benefit from fully funded training? Gateshead College have successfully secured £10 million from the European Social Fund to deliver fully funded training to North East based businesses. The training is delivered through a partnership

From the 20th July 2017 the Killingworth Road (between South Gosforth and West Farm Avenue) will be closed until Summer 2018. This will have an impact on traffic in the area and will increase your journey times, both coming to and leaving our offices. The council have set up a number of diversions which will

Management accountants x 2 Salary – competitive plus benefits Full time (37.5 hours per week) Established in 1954 we are a one of the largest independent accountancy practices in the North East of England.  Our practice is led by 8 directors with a team of over 70 staff. Due to continued growth in our outsourced

Cash flow forecasting or cash flow management is a key aspect of financial management of a business, planning its future cash requirements to avoid a crisis of liquidity. Poor cashflow management is the primary reason for a vast proportion of business failures. Many profitable companies find that they are, for all practical purposes, insolvent –