Providing valuable support for all UK accountants in practice
Henry Catchpole explains the rules governing companies limited by guarantee The company limited by guarantee remains a popular form for many types of business, with prominent examples such as Oxfam, the Samaritans, the England and Wales Cricket Board and the…
Are your clients sitting on their biggest assets? Roddy Kohn explains what equity release is and explains all the options for them For many people, a large proportion of their wealth is tied up in the home they live in.…
Steve Collings has examples about how to account for government grants under the current standard Government grants are dealt with in FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland in Section 24 Government Grants.…
If a tax return contains an obvious error (e.g. an arithmetical mistake) or omission, HMRC may amend the return to correct it, within statutory time limits (e.g. see TMA 1970, s 9ZB (individuals) or s 12ABB (partnerships)). However, in practice,…
People giving to charity are being encouraged by the government to declare Gift Aid on their donations, and boost the money that reaches their charity of choice at no extra cost. The call comes after research showed that charities are…
Debbie Cockerton explains what impact the new Insolvency Rules 2016 will have Out with the old Insolvency Rules 1986 and in with the new Insolvency Rules 2016. The new rules have now been in effect since 6 April 2017…