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Accountants and business advisors serving The Lake District, Cumbria and the North West who: - Are always available.
- Listen, learn and understand.
- Are enthusiastic, forward-looking and pro-active.
- Help you make more money and grow your business.
- Encourage you to contact us - we don't charge for ad hoc telephone calls and meetings.
- Offer fixed prices for all our services.
- Have a sense of humour (although it may be black at times).
Welcome to our website. Take a look around, and if you think we can be of assistance then please contact us. |
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Companies House are warning company directors to Act one month earlier, when filing your accounts. Perversely they also state that the new Companies Act is "designed to make running a business simpler", even though you have less time to file your accounts.
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The Financial Times described Alistair Darling's first Budget as the "dullest Budget ever". Why therefore are this year's Budget summaries as long and as complicated as previous years' summaries? The 3CA Budget Summary fits on one sheet of A4! |
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The Government has announced the new rates of pay which will take effect from October 1, 2008. The BBC has the details on its website. |
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The method of calculating the tax liability on company cars changes on April 6, 2008. Business Car Manager has a simple explanation of how the new rules will affect company car drivers. |
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HMRC to clamp down on tax evaders |
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Richard Murphy is one of the few chartered accountants I respect and admire. He writes extensively about tax and although he and I do not agree on everything, he never engages in scaremongering. So when I saw a mention on his blog that HMRC are going to clamp down on tax evaders I thought it was worth reading as too often these stories are written to create more income or more publicity for the big firms. |
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This year there is yet another reason why you should not leave submitting your 2007 personal tax return until the last minute. Industrial action proposed for HMRC workers is expected to take place on 31 January - the same day as the deadline for self-assessment tax returns. |
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UK dividends and the higher rate (40%) taxpayer |
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If you do not pay tax or pay at the lower rate (10%) or reduced rate (22%) you will not have to pay any further tax on dividends from UK companies. If, however, you pay tax at 40% there is additional tax to pay of 25% of the dividend received. |
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HMRC have announced new advisory fuel rates for company cars. These figures apply to all journeys on or after 1 January 2008. |
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The speed at which businesses are being registered for VAT appears to be improving. According to the Government the average processing time for VAT registrations for August, September and October was 42 days, 39 days and 28 days respectively. |
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I have just started a book by Ron Baker, an American business guru who I have met a few times and someone who I consider a friend. Ron is a CPA (Certified Public Accountant) in the States and I am a chartered accountant. I thought we had a great deal in common but |
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