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You are probably aware, there has recently been a number of ‘ransomware’ type of computer viruses called WannaCry, affecting users in many countries around the world. They caused disruption to many firms such as FedEx and many NHS trusts. It is believed to have led…

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Results from a  YouGov survey carried out in April, revealed that more than three-quarters (76%) of senior decision makers in British businesses are unaware of a new law which could make their failure to prevent tax evasion in their company a criminal offence. Under the…

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We all know only too well that payroll can be a difficult animal to tame. In my opinion it is much easier to control payroll with the correct software applied in the correct manner.  Software will change and evolve every year as does the regulations…

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There are numerous factors to consider when deciding which method of buying and using a car for business is the most tax efficient. Sole Traders As a sole trader there is no concept of a ‘company car’ as there is no legal difference between you…

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Holiday time is upon us and for those travelling abroad it is worth remembering why travel insurance can be vitally important. Accidents and incidents happen all the time, even when we are enjoying a well-earned break abroad. Travel insurance is there to provide cover for…

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If you rent out property in the UK, then Section 24 probably affects you! The Changes From April 2017 tax relief on loan interest of residential property income has been restricted.  This is being phased in over the next 4 years so by 6th April…

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Have you written social media guidelines for your staff to abide by? Like it or not social media is a huge part of our lives now and 30% of our time spent online is spent using some sort of social media and this figure can…

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The snap general election has resulted in a number of tax measures, including Making Tax Digital, being dropped from the government’s Finance Bill 2017. Unincorporated businesses with turnover above the VAT threshold were due to start reporting their business’s financial data to HMRC digitally in…

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At the end of February this year, the Lord Chancellor made an announcement regarding the Discount Rate, known as the Ogden Rate, which is used as part of a calculation when assessing compensation awards to individuals who become seriously injured. Claim settlements are made up…

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