HMRC write off £4.3bn in Covid payments lost to fraud
HMRC are expecting to recover £1 of every £4 stolen from the public purse by fraudsters during the pandemic. In figures published last week a total of £4.3 billion has been written off. This represents c74% of the total £5.8 billion that was stolen from its emergency Covid-19 schemes that supported swathes of the workforce […]
Autumn Budget 2021 – Budget Brochure
Autumn Budget 2021 – Budget Brochure The Chancellors autumn budget was released on Wednesday 27 October 2021. Whilst a lot of the budget was known before the official announcement there was a lot more detail released on the day. It remains to be seen how the country will financially recover from the Coronavirus pandemic, but […]
Spring Budget 2021 – Budget Brochure
[et_pb_section fb_built=”1″ admin_label=”section” _builder_version=”3.22″ global_colors_info=”{}”][et_pb_row admin_label=”row” _builder_version=”3.25″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”3.25″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||”][et_pb_text admin_label=”Text” _builder_version=”4.9.11″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” hover_enabled=”0″ global_colors_info=”{}” sticky_enabled=”0″] It’s hard to believe Rishi Sunak has only been in office for a little over a year given what the Chancellor has had on his plate over the last 12 months. […]
COVID-19: Chancellor announces ‘Winter Measures’ support package
Rishi Sunak has today announced his ‘Winter Measures’ support package to help businesses, employees and individuals through the ongoing troubles of the global COVID-19 pandemic. The Chancellor announced a package of measures that includes a new Jobs Support Scheme, extending the Self Employment Income Support Scheme and 15% VAT cut for the hospitality and tourism […]
Coronavirus (COVID-19) Business Interruption Loan Scheme Guidance
Further to our Government Support guide the British Business Bank have now issued their guidance as to eligibility criteria for businesses wishing to access the Coronavirus Business Interruption Loan Scheme (CBILS) as follows: The British Business Bank qualifying criteria for the loan scheme mean businesses must: • Be UK based, with turnover of no more […]
Auditors ‘are letting charities down’
The Charity Commission believes some auditors in England and Wales are letting the sector down after around half of charities failed to meet basic benchmarks. The regulator scrutinised 296 charities with various incomes and found that 44% of accounts submitted by qualified examiners met its external benchmark. For unqualified examiners meeting the Commission’s benchmark, this […]
Improving efficiencies with a cloud based purchase order system
Segregation of duties is important for any business, but even more so as your company grows. The delegation of work allows everyone to be more efficient, meaning the right skill levels can undertake the appropriate tasks and the company to continue to grow. Approval Max is a Xero add on that allows the delegation of […]
Bang the drum : The importance of a strong strategic report
[et_pb_section fb_built=”1″ admin_label=”section” _builder_version=”3.22.3″ custom_padding=”0px||0px|||”][et_pb_row custom_padding=”0px|||||” admin_label=”row” _builder_version=”3.25″ background_size=”initial” background_position=”top_left” background_repeat=”repeat”][et_pb_column type=”4_4″ _builder_version=”3.25″ custom_padding=”|||” custom_padding__hover=”|||”][et_pb_text admin_label=”Text” _builder_version=”3.0.74″ background_size=”initial” background_position=”top_left” background_repeat=”repeat”] Most business owners prioritise minimal disclosures when preparing the statutory accounts for filing with Companies House. Understandably so, the world is a tough market place and directors want their competitive advantages kept under lock and […]
