http://www.centralbusiness.co.uk/accounts accountancy services at the heart of your business Sat, 05 Dec 2009 10:03:41 +0000 http://backend.userland.com/rss092 en A few months ago we published two articles by Tom Casagranda outlining some of the methods used by HMRC to identify people who are not declaring all of their income. Tom is an ex HMRC employee who now offers a consultancy service. He wrote the articles to highlight the ways that ... http://www.centralbusiness.co.uk/accounts/?p=676 Our December 2009 Newsletter has been published and is available to view on the website. This month there is information on the tax treatment of franchise fees and Christmas gifts plus info on the tax treatment of accountant's fees. Why not sign up for a copy to be delivered by email? ... http://www.centralbusiness.co.uk/accounts/?p=669 VAT returns to 17.5% on 1st January 2010 so will the hostelry you are frequenting on New Year's Eve suddenly increase their prices at midnight? The answer is "No". As a concession HMRC are allowing pubs, hotels and other establishments which are open at midnight to continue accounting for VAT at ... http://www.centralbusiness.co.uk/accounts/?p=651 Many people seem to be assuming that when the VAT rate reverts to 17.5% on 1st January 2010, the VAT Flat Rates will also revert back to their pre December 2008 rates. HMRC have said this is not the case and a number of changes to the rates. An announcement ... http://www.centralbusiness.co.uk/accounts/?p=646 Microsoft Office Accounting, launched a couple of years ago with great promises, has ceased to be distributed by Microsoft. Whilst never a leader, MOA did have a fairly large user base. Mamut are taking over support in the UK but this may only be for a short period while they ... http://www.centralbusiness.co.uk/accounts/?p=643 Recent massive extensions to HMRC's powers means that businesses need to be much more aware of dangers they run by not keeping accurate and up to date records. Emphasis is very much on business records. HMRC now have the power to enter premises and inspect records if "the inspection is reasonably ... http://www.centralbusiness.co.uk/accounts/?p=640 Our November 2009 Newsletter was published a couple of weeks ago and I forgot to post a link to it. You can sign up to have the newsletter delivered to you by email. It's free and we won't bombard you with loads of unwanted rubbish. http://www.centralbusiness.co.uk/accounts/?p=637 The traditional way of charging for accountants is by hourly rate. Accountant A quotes one hourly rate and accountant B quotes a slightly lower one. Simple, you go with accountant B because that's going to be cheaper isn't it? Not necessarily. You don't know how quickly each of them can ... http://www.centralbusiness.co.uk/accounts/?p=630 The new business rates valuations are being issued during October.  It is important that you check the figures and how it has been calculated because these figures will form the basis of your business rates for the next five years. The first one we have seen shows an incorrect area ... http://www.centralbusiness.co.uk/accounts/?p=628 Our October 2009 Newsletter has been published covering topics such as the 20th anniversary of the VAT Option to Tax and transferring investment property into stock plus information about late filing penalties. If you would like to receive the newsletter into your Inbox regularly, please sign up today. http://www.centralbusiness.co.uk/accounts/?p=624