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.…
Category: ZFeatured
The machine age: What does the future hold for accountants
In the machine age, what does the future hold for accountants? Sam O’Connor has some answers Accounting automation is something that’s fascinated me ever since I qualified in 2011. I’ve seen many doomsday scenarios predicting an end to accounting as…
Beware the Domestic Reverse Charge
Our VAT guru Melanie Lord explains the new building work rules that will come into effect in October 2019 In relation to Making Tax Detail we’ve heard a great deal about HMRC’s continued efforts to close the perceived tax gap,…
Steve Pipe builds the perfect practice
Steve Pipe shares his in-depth research on what makes an accountancy practice excel In 2008 I embarked on a 10-year research project to study what makes the best accountancy practices so successful. That research will result in three books: The…
Right good reads
Tony Margaritelli reviews a couple of new books that will help you improve your business Lots of books come across my desk, but in all honesty they are for the most part rubbish, written by people with an overblown sense…
How to account for grants under FRS102
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.…
Client errors and SARs
Richard Simms explores the subtleties surrounding aspects of the anti-money laundering regs As part of a review of suspicious activity reporting, we will be issuing a comprehensive guide to reporting within AMLCC. I’ve included here an extract from this guide…
Accountancy practices already are Advisory practices
Accountancy practices are advisory practices. Not sure? Just ask an accountant for advice and see for yourself. On page 12 of this magazine you will find a great article by Elaine Clark, where she restates her love of compliance and…
VAT Encouragement Letters
Well at last or as many accountants have actually been saying at long last HMRC finally put out something about MTD for Vat directly to vat registered businesses. November 2018 the letters are being sent out and MTD for Vat…
Bridging software for MTD for VAT, BTC have some
Making Tax Digital bridging software is available – thanks to BTCSoftware Contrary to some reports in the accountancy press, BTCSoftware can confirm bridging software to ease Making Tax Digital for VAT compliance is very much a reality and available. In…