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Employers to benefit from National Insurance relief

February 28th, 2014

Calling all employers… Did you realise that from April 6th 2014 you could be entitlement up to a £2,000 allowance per year to be offset against your employer Class 1 National Insurance Contribution (NIC) liability? According to the Chancellor, George Osborne, the new allowance is aimed at supporting small enterprises to grow. It is estimated […]

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KICK START YOUR NEW YEAR SELF-ASSESSMENT RESOLUTION EARLY & ACT NOW!

February 28th, 2014

Why wait until Big Ben chimes at midnight to kick start your New Year resolution by getting your self-assessment in order now and complete your tax return prior to the quickly approaching January 31st 2014 deadline. According to HMRC more than 750,000 missed the self-assessment deadline in January 2013 resulting in millions in penalties and […]

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DEMYSTIFYING SHAREHOLDER LOANS FOR COMPANIES AND DIRECTORS

February 28th, 2014

With new legislation now in place here is a simple breakdown demystifying the ins and outs of shareholder loans for companies and directors.  Tax pitfalls are forecast for firms falling short of new legislation on company loans to shareholders.  Companies confused, disobliging or unaware of the new regulation, which effects transactions made from March 20th […]

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THE IMPORTANCE OF NURTURING HOME-GROWN TALENT

February 28th, 2014

We believe that it is more important today than ever before – due to the economic climate – to nurture, train and retain our talented staff within the region.  With their qualifications in hand, Chartered Accountants maybe drawn to ‘The City’ to pursue their promising careers, but we must maintain them in the North East […]

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Company Fraud: It’s always the person you trust the most

February 27th, 2014

We are safe from fraud, it will never happen to our company, nobody would really want to target us – common statements from company directors but can your business ever really be fraud-proof? Quite simply all businesses are at risk, directors and owners who don’t protect themselves may be sitting targets.  If a fraudster has […]

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