Tag Archives: accountant

New 2015 FRSSE for Small Business

With all the talk about tax and the implications of the transition to New UK GAAP, FRS 101 vs. 102 and so on, the small enterprise can sometimes be overlooked. So a reminder that the new, July 2013 edition, Financial … Continue reading

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Gaming Tax: Turf Accountants Sharpen Their Pencils

I understand that the government’s proposed 15% profit tax, which may come into force from the end of 2014, may be opposed by William Hill, bookmakers. Deloitte’s report, earlier this year for William Hill, noted that the proposed tax might simply encourage … Continue reading

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Mark Lee’s Daily Links for UK Accountants

Mark Lee’s Daily links for UK accountants is out. Mark does a great job on this. http://paper.li/BookMarkLee/1343897956 Eamon McNicholas Tax Barrister, Accountant

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CIMA Lose in High Court Over a Single Email

CIMA last month lost the High Court judicial review of the Margaret May disciplinary case. CIMA had argued that a single email, sent internally by Mrs May in her role on the CIMA governing council, was supposedly confidential. But that … Continue reading

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FRC says accountants must quiz banks more

“Accountants still fail to question banks properly over how they make provisions for poorly performing loans on their books, Britain’s auditing policeman said on Wednesday. The criticism goes to the heart of regulatory efforts since the 2007-09 financial crisis to … Continue reading

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Accounting schemes to simplify your VAT

For business owners or accountants struggling with tax, HMRC have provided this helpful advice: details of accounting schemes to simplify VAT. http://www.hmrc.gov.uk/vat/start/schemes/ Eamon McNicholas Tax Barrister, Accountant EamonMcNicholas.com

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ICAEW posts loss as disciplinary funding bites

“A £3m SWING in funding the profession’s disciplinary watchdog has seen the ICAEW post a loss. The institute faced a net charge of £1.8m in its contribution to the Accounting and Actuarial Discipline Board, an arm of the Financial Reporting … Continue reading

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