Increasingly our expertise is in demand in Bristol's burgeoning technology sector. Bristol has been placed among Europe's top 10 tech 'super clusters' in a recent survey. Employment in Bristol's tech sector has grown by 25% since 2008. We believe Bristol's technology profile will grow in 2019, following trends of previous years. In 2017, the City [...]
About Ian HolmesThis author has not yet filled in any details.
So far Ian Holmes has created 25 blog entries.
What is Making Tax Digital? From 1 April 2018, VAT-registered businesses with a taxable turnover of over £85,000 will be required to keep their VAT records digitally and submit VAT returns using Making Tax Digital (MTD) compatible software. At present, only 11% percent of VAT returns are filed with software. Under the new regulations, it [...]
Despite having to redirect resources to deal with ever increasing pressures from Brexit, and calls to further delay the implementation, HMRC are persevering with their digital revolution - Making Tax Digital (MTD) – starting with MTD for VAT taking effect from 1 April 2019. This will see VAT-registered businesses having to comply with new legislation [...]
When furnished holiday property is let on a commercial basis for short periods, the owner can benefit from certain tax reliefs which wouldn't otherwise be available to residential landlords, providing certain conditions are met. However, there are also several disadvantages associated with letting property as holiday accommodation whether or not the furnished holiday letting conditions [...]
We’re delighted to announce that we have been appointed as a Xero Gold Partner which means we can help you achieve more success in your business by adopting this innovative, cloud-based accounting software solution. Contact us today to find out more about how Xero could help make running your business so much easier. For those [...]
In contrast to the improving fortunes of the England football team, there’s been a lot of news about corporate failure in the last few months. At the beginning of the year Carillion entered administration, calling into question the role of the auditors in the period leading up to the insolvency. The events appear to have [...]
On 4 April, HMRC confirmed that State Aid approval for EMI (Enterprise Management Incentive) share options expired on 6 April and that although the government had applied for renewal this had not yet been granted. HMRC provided guidance which stated that it was their view that the tax benefits of qualifying EMI share options would [...]
Grant bodies such as Innovate UK (a trading name of the Technology Strategy Board) often require the awardee to obtain external scrutiny of the grant claims made for a project. Assurance reports from an external accountant are usually required twice over the life of a project, although this can vary depending on the value of [...]
A "call for evidence" One of the few newsworthy items in the Chancellors spring statement was a "call for evidence" about the impact on growth of the VAT threshold. There is, apparently, a bunching of businesses with a turnover just below the VAT registration limit of £85,000, suggesting that businesses close to the limit either [...]
In a time of doubt and faltering confidence in the UK and global economies, Brexit and the possibility of trade barriers and ongoing uncertainty in international relations, it is reassuring to observe our local landscape as politically stable, economically thriving and featuring internationally for all the right reasons. In the UK Smart Cities Index 2017, [...]