From October 2019, proposed changes to VAT and the CIS are being planned within the construction industry. The Construction Industry covers a vast and wide-ranging sector of businesses in the UK and often includes a supply chain of providers, contractors and sub-contractors The government have announced that the proposal of a domestic ‘reverse charge’ has…

Date posted: August 29, 2019

You are required by law to have employers’ liability insurance for people who you employ under a contract of service or apprenticeship. Whether or not you need employers’ liability insurance for someone who works for you depends on the terms of your contract with them. This contract can be spoken, written or implied. It does…

Date posted: August 22, 2019

You might think story telling is something you do to get kids to sleep, them heavy eyed and tucked up warm in bed, while you read pages from a colourful book in different voices to make it come alive … But story telling is also crucial to help your business to grow.  I recently met…

Date posted: August 15, 2019

As an accountant, you probably get asked often by a client “How much tax will I pay if I take £x out of the business?” As they don’t receive a salary or wage in the traditional sense. So how do you explain to them how to pay themselves? It’s simple: they’re paid based on ‘drawings’…

Date posted: August 8, 2019