United Kingdom Accounting News

Global accountancy network UHY extends its coverage within Europe by appointing Eki Revizija d.o.o.in Serbia

In the Queen’s Speech last week the Government announced details of the Defamation Bill that will come before parliament in the next session. Libel laws are set to undergo huge changes, described as the most significant in nearly 170 years.

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MySalaryCalculator.co.uk, the online service for salary and tax calculations, announces its release of a free salary calculator tool for webmasters to use on their own websites.

New Business Data (NBD) have just released their first quarter analysis of new businesses setting up in the UK.

It is becoming increasingly hard to take seriously the accounting rules made by the International Accounting Standards Board, according to an analysis published in "Marketing Services Financial Intelligence".

PMB Helin Donovan, member of Russell Bedford CPA group has merged with Vink Teague & Associates

- Local business secures £100k growth finance facility with ABN AMRO Commercial Finance - Fast turn-around and flexibility of service ensures minimum disruption to clients

Congleton based CRM and accounting business management software providers and trainers, Beacon for Business, have been awarded exclusive rights to deliver a BTEC Award in Social Media for Business across Cheshire and the North West.

Sapphire Systems recognised for outstanding sales achievement

International accountancy network Parker Randall International appoints new member firm KAP Ikhwan & Gideon in Indonesia.

Research released today from Tradeshift finds that 13% of invoices issued by UK small businesses remain unpaid every year, causing a £1.4tr black hole in the economy.

Frances Clarke, MD of TFMC Huddersfield, put her fears aside to make a difference to the children of ‘The Forget me not Hospice’ as she abseiled 100ft off the Central Services Building a Huddersfield University on Thursday 8th March 2012.

Leading Wood Pellets supplier Liverpool Wood Pellets have a new accountant.

New generation property management and accounting software solution will deliver multiple efficiency gains for property owners, developers and occupiers, block managers, managing agents and local authorities.

Victoria Gould from Apple Tree Accountancy has directed the company to lay its main focus on small businesses in and around the Oxfordshire area.

Outsource announced a partnership with the ACCA, the global professional body for accountants, assisting the latter with communicating the results of the ACCA's Outsourcing Research project to the broader outsourcing space.

India has been chosen to help lead a global effort to plug a skills gap in the financial services industry by adopting a professional qualification backed by the world’s biggest financial investment institutions.

CCH, a Wolters Kluwer business, has secured a three-year contract to become the exclusive appointed partner for fee protection for members of the Institute of Chartered Accountants in England and Wales.

charity for young people realises greater operational flexibility and improves response times with Retain’s Resource Planning System

Global accountancy network UHY extends its coverage within Europe by appointing Eki Revizija d.o.o.in Serbia

The Tax Partner of a Cornish firm of chartered accountants and chartered tax advisers is warning that HM Revenue and Customs is appealing a decision which could have a dramatic effect on the families of holiday let owners.

Small and medium sized businesses (SME) account for almost 99% of all business enterprise in the UK. Employing nearly 14 million people, the SMEs numbering about 4.50 million, contribute roughly 50% of the UK private sector turnover.

Despite recent problems in the Northern Ireland housing market we have still seen significant increases in house values over the long term.

Benjamin Franklin's view that nothing is certain except death and taxes has yet to be disproved. However, the best way to mitigate at least some of your tax liability is to make sure you use the tax allowances available.

In the Queen’s Speech last week the Government announced details of the Defamation Bill that will come before parliament in the next session. Libel laws are set to undergo huge changes, described as the most significant in nearly 170 years.

Senior appointment adds a new dimension of expertise to expanding firm

With the debate on audit reform hitherto dominated by the accounting profession, a discussion between EGIAN chair Andrew Brown and Russell Bedford International chairman Geoff Goodyear called for shareholders’ (and clients’) views to be heard.

A newly formed partnership has turned to KISS Communications’ standalone service, KISS Future to create a brand and marketing launchpad for their new business.

The Institute of Operational Risk (IOR) today announces three new Council members as a result of its recent elections. Peter McCormack, John Thirlwell and Dominic Wu join David Clark, who was re-elected.

Basically, the legislation is aimed at employees providing their services through a personal service company to avoid tax and NIC contributions. Recently, consultations were initiated by the government to see if IR35 could be simplified

After a strong first quarter, share prices fell back during April amid renewed apprehension over the outlook for the eurozone and particularly Spain, which took centre-stage against a backdrop of fresh concerns over signs of increasing

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Germany and France have moved towards a bruising and potentially destabilising showdown on how to tackle the European debt crisis.

Further questions have been raised about the ever-increasing proportion of LinkedIn’s revenues that are being spent on sales and marketing.

FBL becomes first French-speaking member of Russell Bedford accounting network in Canada

All farm buildings have fixtures in them, such as electrical and plumbing systems, cubicles and in some instances, sanitary ware.

MySalaryCalculator.co.uk, the online service for salary and tax calculations, announces its release of a free salary calculator tool for webmasters to use on their own websites.

Bromsgrove accountants nominated for ICAEW (West Midlands) award

Unemployment in Spain has hit almost 25% amidst concerns that the countries banking sector may need a huge €120 Billion bailout before the end of the year.

Minerva People's virtual office service is great for start-up, small and home-based businesses or those looking for risk free expansion into new markets.

Will Trusts are different to most other types of trust that a financial adviser uses as they are usually bespoke to meet specific requirements.

New Business Data (NBD) have just released their first quarter analysis of new businesses setting up in the UK.

Apple Tree Accountancy, based in Witney, Oxfordshire, helps give businesses the best start by providing a range of business start-up services

Lake Falconer, Partner at PEM Corporate Finance questions the value of the government business finance schemes.

Security in global markets, looking at whether deposit in Escrow Agreement “A viable solution for difficult financial times”

Aquascutum, the UK-based luxury clothing manufacturer and retailer, entered in to administration today (Tuesday April 17 2012), with the appointment of Joint Administrators, Geoff Rowley and Phil Armstrong, partners at FRP Advisory LLP.

British house prices have risen by 50% since 2001 according to LloydsTSB analysis of best performing international housing markets. This ranks the UK 13th in the table.

• New office to support development of market for corporate performance management solutions in Europe • New customer win in the UK with NEC

In approximately a month (25 May 2012), European legislation on web privacy will impact over three million British businesses.

FreeAgent has launched a new record-keeping iPhone app designed to help people and small businesses keep track of their taxes and finances.

It is becoming increasingly hard to take seriously the accounting rules made by the International Accounting Standards Board, according to an analysis published in "Marketing Services Financial Intelligence".

More bad news for SME's.Use our free top tips to boost cashflow and reduce bad debt.

With the change of tax year comes a wealth of changes to legislation. Please see below for some helpful facts and quick pointers to ensure your year end runs smoothly

In recognition of the Queens 60th Diamond Jubilee, there is a change to the bank holidays, see a summary of the 2012 Bank Holidays and how this could effect employees.

Europe’s biggest banks could see the amount of capital they are required to hold in reserve more than double.

The default choice for income seekers willing to take some risk with their capital has historically been UK equity income funds,

With life expectancy increasing, financial planning is becoming increasingly important. If you are thinking of saving for retirement, then you might consider a pension is the best way to ensure you have enough to live on when you are older.

The youngest ever Partner has been made at Robinson Reed Layton - 28 year old Nick Skerratt is the youngest Partner in the accountancy firm’s 90 year history

A leading recruitment expert is urging companies, especially SMEs, to start preparing now for automatic enrolment and taking the time to understand what is required.

The new management of Seed Developments, a company that produces materials to facilitate the successful growth of flower and vegetable seeds, is targeting international and domestic expansion.

Andrei Badiu, partner in Russell Bedford firm 3B Expert Audit SRL, comments on World Bank Paying Taxes survey

PMB Helin Donovan, member of Russell Bedford CPA group has merged with Vink Teague & Associates

For large companies with masses of documents and data to store, the Lever Arch Storage Bays are perfect. Each unit can hold up to 50 A4 Lever Arch or Foolscap files and the bay comes delivered complete with 6 shelves and 50 file boxes.

The Financial Services Authority (FSA) is working to raise customers’ awareness and understanding of deposit protection. Research undertaken by the Financial Services Compensation Scheme (FSCS)

Company insolvencies were up 7.4 per cent during the final report of last year in England and Wales compared to the same period in 2010.

The High Court recently judged that the liquidator of a company had been wrong to pursue two companies’ directors for wrongful trade

George Osborne has recently been reported that his objective is to reduce corporation tax to 20% which is significantly lower than other Western economies and would be great for UK business.

The Greek ‘debt deal’ has now been secured which kicks the problem firmly up the road. In immediate terms this should have a massive positive effect for the EU and this has avoided a huge disorderly default.

Nick Pendrell, author of Internet Marketing Bible for Accountants, today urged CPAs and accountants to get serious about their marketing activities for the remainder of the year, claiming that April is the best month of the year to get started.