Posted in Business by Phil Harris on 5th September 2018
August shutdown favoured by 28% of UK firms Nearly 30% of British businesses support a summer shutdown, saying it would improve productivity and staff well-being. Research by Hitachi Capital Invoice Finance found 28% think an extended break, similar to those enjoyed by their European counterparts, would be a good idea.
Posted in Business by Phil Harris on 5th September 2018
Slow roll-out damages MTD’s benefits HMRC has admitted that its Making Tax Digital programme will end up costing businesses more than it saves them. Original forecasts said the scheme would save businesses £100m a year from 2021 but its annual report reveals there will be no cost savings and the extra work will end up costing firms £37m a year. HMRC said the change to its forecast was due to the fact that only companies with turnover of more than £85,000 will have to file returns digitally, whereas, initially, it was to include all businesses. Most of the savings from the scheme would have been made by companies below this threshold, HMRC said. Because of the slower roll-out, HMRC also expects MTD to generate £440m less in additional tax revenue by 2020-21 than first predicted. But it claims the scheme will still generate £1bn in additional revenue by 2023.Source: The Mail on Sunday (02/09/2018)
Posted in Business by Ian Johnso on 8th September 2014
Business record checks are a waste of time says an HMRC survey according to Harris & Co accountants Northampton, the specialist small business accountants
Posted in Business by Phil Harris on 1st July 2013
Apple has been accused of avoiding paying corporation tax. In 2012, Apple awarded shares to its employees, which eliminated the companys taxable profit for the year.
Posted in Business by Ian Johnso on 25th June 2013
Tax evasion is falling say Harris & Co accountants Northampton who specialise in innovative accountancy services for ambitious small and medium sized businesses
Posted in Business by Ian Johnso on 25th April 2013
In July 2013, The Competition Commission (CC) made an announcement about changes being introduced to encourage greater competition in the audit services market.
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