The Confederation of British Industry has produced a report which reveals that large corporations are responsible for paying about a quarter of all the tax paid in the UK, in a bid to prove that large businesses pay their share of tax. According to CBI, the accusations arose as a result of people not understanding how complex the UK tax system is. (more…)
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We are focussing our accountancy skills specifically on small businesses and tax payers in the North West and aim to offer an outstanding service, complete with helpful and trusted advice.
Here at Taylor Roberts, all our accountants are exceptionally knowledgeable when it comes to dealing with your imperative accounts.
Small businesses to be hit by planned charges for shopping bags
April 26, 2012
Plans have recently been revealed which would levy a charge on carrier bags used by shoppers in Scotland. Ministers are looking at charging five pence for each bag used by shoppers, in an attempt to decrease the number of bags used. All carrier bags used in supermarkets, local stores, department stores and petrol stations would be charged for under the latest plans. (more…)
Record keeping apps to be launched by HMRC
April 24, 2012
HM Revenue & Customs is to launch various mobile apps to help small businesses keep accurate records. The apps will be produced by HMRC together with the Business Application Software Developer Association. The aim of HMRC is to make it easier for small businesses which have turnover below the current threshold for VAT to keep accurate records in a timely manner. (more…)
HMRC confirms guidance change for salary sacrifice
April 22, 2012
According to Friends Life, HM Revenue & Customs has confirmed that they will be altering guidance for salary sacrifice schemes before the commencement of auto enrolment. This promise of change means that anyone who decides to opt out won’t lose money. (more…)
Economy would gain £19bn by scrapping bank holidays
April 20, 2012
According to the Centre for Economics and Business Research, bank holidays cost the UK economy £19 billion a year, with each individual bank holiday costing the economy £2.3 billion. The CEBR believe that the close proximity of some bank holidays reduces momentum of businesses and ultimately a reduction in output. (more…)
Survey reveals online retailers are leading the way to recovery
April 18, 2012
Retailers with an online presence are outperforming high street stores which rely on footfall, according to a recent survey by BDO, an accountancy and business advisory company. The new BDO report uses data from the published accounts of the largest companies in the Top 150 for Yorkshire to produce a report of the region’s economic health. The Yorkshire Report 2012 is based on revenue of companies. (more…)
Customer service to be the focus for businesses in 2012
April 16, 2012
Research which has been carried out by Sage Group plc indicates that more than half the businesses surveyed believe customer service has become crucial to their company success during the last year. Over 10,000 owners of businesses across Europe, Africa, Asia and North America took part in the research, which reinforced the connection between (more…)
EU SMEs set to support green economy
April 12, 2012
EU Small and Medium Enterprises will be the support for a green economy, according to a survey published by the European Commission. The report, ‘SMEs, resource efficiency & green markets’ indicates that 93 percent of all SMEs across the EU have become (more…)
Early preparation for RTI recommended
April 10, 2012
Employers are being advised to start preparations for the Real Time Information system well in advance of the incorporation date. Although all employers will be required to use the new system by October 2013, the roll out system may mean that an employer is enrolled in the RTI system as soon as April 2013. (more…)
HMRC introduce new measures for tax fraud
April 8, 2012
Following criticism for the way HM Revenue & Customs has dealt with cases of tax fraud in the past, new tough measures have been introduced. The new procedures will largely be aimed at the worst offenders, with a guarantee to avoid facing prosecution if they are honest about any tax fraud and give details. The tougher measures also pledge to take more of the most serious offenders to court. (more…)
