We are celebrating our 10th anniversary this year and have taken the opportunity to reflect on how we have built a great team of people and developed successful collaborative partnerships with our clients. The last 10 years have flown by but we're well on the road to becoming the leading independent accountancy practice in Bristol [...]
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So far Ian Holmes has created 34 blog entries.
The food and drink industry is a vibrant and fast-moving area so here is a summary of some recent news to keep you up to date. Vouchers Selling gift vouchers in restaurants can be a really good way of generating some additional sales but also getting customers to try a new venue. Although well established, [...]
With less than a month to go until MTD for VAT, HMRC have confirmed that the digitisation of the tax system will be occurring from 1 April 2019. The changes are likely to affect more than 1.2 million VAT registered businesses across the UK. Key messages from Corrigan Don't panic – there is a soft-landing [...]
Dealing with uncertainty is, more than ever, a daily challenge for many businesses and charities. So how can a business owner, trustee or FD create a financial plan which takes that uncertainty into account; to create realistic budgets and targets for an organisation while being comfortable that adequate funds will be available? We’ve helped a [...]
There's not much joy in the Christmas air right now with the Brexit deal seemingly beyond our grasp. Business is nothing if not adaptable but it would be good to know at this stage what we are adapting to! The uncertainty caused by the delay runs the risk of cooling the economy but the uncertainty [...]
Two changes to the private residence relief for capital gains tax ('CGT'), announced in October's Budget, could have a significant impact on tax liabilities for rented properties sold after 5 April 2020. Many rental properties have previously been occupied by the owners as their homes. This can arise for a number of reasons; the owners [...]
For the second year, we attended Xero's yearly conference in the London ExCel – The UK's largest accounting convention with over 3,000 professionals in attendance! This is the best place to learn about the latest developments in the Xero ecosystem and demo the newest add-ons, apps and integrations. It allows us to remain at the [...]
One of the few notable announcements in the Budget on 29 October 2018, introduces significant changes to the qualifying conditions for entrepreneurs' relief. One fundamental change came into effect immediately with others coming into effect from 6 April 2019. Before the budget announcement the basic conditions for a shareholder to claim entrepreneurs' relief on a [...]
Overview The Chancellor claims that the era of austerity is coming to an end, and there are substantial spending commitments, both in tax cuts and spending, most notably the NHS and Universal Credit – but all bets are off if there is a no deal Brexit. There follows a brief summary of the key points, [...]
Increasingly our expertise is in demand in Bristol's burgeoning technology sector. Bristol has been placed among Europe's top 10 tech 'super clusters' in a recent survey. Employment in Bristol's tech sector has grown by 25% since 2008. We believe Bristol's technology profile will grow in 2019, following trends of previous years. In 2017, the City [...]