As an accountant that deals with a lot of clients who run small-and-medium-sized companies, we know that for many people one of the hardest parts of managing a business is keeping on top of the accounts. When you already have so much to do on a daily basis, it can...

We are keeping constant tabs on new announcements from the government and striving to interpret the details as they become clear. Below is a round up of the information we have so far.   We will be posting clear and easy to understand explanations of new information across our social...

Chancellor Rishi Sunak’s first Budget was dominated by the threat of Coronavirus and his measures did include some positive news to support small businesses through the crisis. Here’s a breakdown of some of the key points that could affect your business.   Coronavirus Outbreak To support the country through the...

We are looking for an Accounts Assistant to join our friendly team. AAT qualifications would be preferable, although not essential for the right applicant with the correct depth of experience. The successful candidate will work as part of a small team in a practice environment, working on a wide variety...

We’re excited to launch our Refer a Friend scheme today It’s a great way for our clients to spread the message of Fixed Fee accounting whilst benefitting from a discount on their own accounting fees. Find out more here – And help those out looking for accountants in Shropshire

From 1st April 2016, if you are purchasing additional residential properties in England, Wales and Northern Ireland, you will need to pay an additional 3% above the current stamp duty land tax (SDLT) residential rates. This includes second homes, holiday homes and buy-to-let properties.   Freehold sales and transfers: Property...

From April 2016, the Wear and Tear Allowance for furnished properties is to be replaced by a new Replacement Furniture Relief for all landlords whichever type of property, furnished or unfurnished.  The rules allow for the deduction of costs actually incurred for the replacement of furnishings.  The type of items...

The amount of relief for finance costs (mortgage interest) on residential properties will be restricted to the basic rate of Income Tax.  This will be introduced gradually from 6th April 2017. Finance costs include mortgage interest, interest on loan to buy furnishings and fees incurred when taking out or repaying...

From April 2015, Self Employed Working Tax Credit (WTC) claimants will need to meet new criteria. From 6th April 2015, all new claimants who are using self-employed work to meet the qualifying remunerative work test for WTC must show that they are trading on a commercial basis and their business...