Accounting Practice Online

11/10/2021

Don't put yourself at risk with AML!

Is it worth risking a criminal record and up to 14 years in jail by not evidencing that you are performing your legal AML obligations?

Find out more here: https://accountingpracticeonline.co.uk/put-your-aml-in-writing/

F A Simms & Partners Ltd

Is it worth risking a criminal record and up to 14 years in jail by not evidencing that you are performing your legal AML obligations?

06/10/2021

PPE & Tax

With many people returning back to work, there is an unexpected situation.
Find out more here: https://accountingpracticeonline.co.uk/ppe-tax-an-unexpected-situation/

For the autumn article in my series on health care matters I thought I would look at tax matters surrounding PPE equipment.

04/02/2021

Share Options: Share and Share alike

Introducing a share option scheme for a new start-up or existing business can bring a range of benefits for both company and employee.

You can read more here: https://accountingpracticeonline.co.uk/share-options-share-and-share-alike/

02/02/2021

Our profession in numbers

UK accountancy firms need to prioritise increased diversity in their top ranks, particularly at partner level, according to new data released by the Financial Reporting Council (FRC).

Read more here: https://accountingpracticeonline.co.uk/?p=18338

28/01/2021

Contractor Corner

Welcome to Contractor Corner, the series written specifically by Qdos Contractor for accountants with clients who are contractors.

You can read more here: https://accountingpracticeonline.co.uk/contractor-corner-6/

26/01/2021

Working from home? don't forget the tax claim

Many of us have been forced to work from home because of Covid-19. But what tax implications does this have? Nick Lovett explains all. Vantage Fee Protect

You can read more here: https://accountingpracticeonline.co.uk/?p=18144

21/01/2021

Accountants are key when it comes to the recovery

Small businesses are heralding accountants’ increasingly critical role in keeping them running since Covid-19 arrived, considering them to be among the key workers of the post-pandemic economic recovery according to new research.

You can read more here:
https://accountingpracticeonline.co.uk/?p=18010

19/01/2021

Doctors and Partnership Expenses incurred privately

In this article in his medical accounting series, Philip Redhead discusses how personal income and expenditure of GPs should be dealt with in the light of recent changes by HMRC.

You can read more here:
https://accountingpracticeonline.co.uk/?p=18001

14/01/2021

Broadband slow? Try these tips

Accounting Practice has some top tips on how you can be – and stay – better connected. These are provided by Uswitch.

Find out more here 👉 https://accountingpracticeonline.co.uk/broadband-slow-try-these-tips/

12/01/2021

QE: A licence to print money?

What is quantitative easing? Accounting Practice examines a increasingly popular phenomenon that continues to divide the experts.

You can read more here:
https://accountingpracticeonline.co.uk/?p=17919

07/01/2021

When it comes down to savings, head East

Roddy Kohn explains why investing in China is a no brainer, given the havoc being wreaked on Western economies by the pandemic.

Read more here:
https://accountingpracticeonline.co.uk/?p=17726

05/01/2021

Marriage? Maybe not but it's a tax thing

The UK’s tax regime contains various reliefs, exemptions and allowances, some of which are seemingly designed to encourage couples to be married (or in a civil partnership).
Mark McLaughlin points out that staying single could save inheritance tax in certain circumstances.

Read more here:
https://accountingpracticeonline.co.uk/?p=17681

31/12/2020

The Pandemic Accountant Australia Style

Accountant Paul Meissner shares some of the lessons he has learned while working in lockdown at his home in Victoria, Australia.

You can read more here: https://accountingpracticeonline.co.uk/?p=17380

29/12/2020

Research & Development Claims don't try to get clever

When it comes to the claiming of research and development reliefs, too many advisers are bending the rules to breaking point, says Andrew Hubbard.

Read more here:
https://accountingpracticeonline.co.uk/?p=17040

24/12/2020

Get ready for the VAT Reverse Charge

The VAT reverse charge for building and construction services will have a huge impact on the sector. Clara Boyd explains why and how.

Read more here:
https://accountingpracticeonline.co.uk/?p=16663

22/12/2020

People/Customers never forget how you made them feel

In her latest article on dealing with Covid-19, Tracy Ebdon-Poole explains how TaxCalc is committed to making their customers’ businesses better.

You can read about it here:
https://accountingpracticeonline.co.uk/?p=16660

17/12/2020

Open banking can increase your profit

Sam O’Connor explains how by mastering Open Banking you can increase practice margins and revenues this tax season.
Coconut
ICPA - Independent Certified Practising Accountants

You can read more here:
https://accountingpracticeonline.co.uk/?p=16613

15/12/2020

HMRC Reports descend to the level of Corporate Vanity

HMRC’s Annual Report and Accounts for 2019/20 have just been published so of course I downloaded and took a look. ICPA - Independent Certified Practising Accountants

Click here to read more:
https://accountingpracticeonline.co.uk/?p=16524

10/12/2020

Money Laundering - it's a gas

Richard Simms talks you through the revised Anti-Money Laundering Guidance for the Accountancy Sector – known as AMLGAS.

You can read all about it here:
https://accountingpracticeonline.co.uk/?p=16329

09/12/2020

No Personal Guarantee so no worries?

How can a director have a potential personal guarantee with a bounce back or CBIL loan when they did not sign up for a PG? Debbie Cockerton explains all.

You can read more here:
https://accountingpracticeonline.co.uk/no-personal-guarantee-so-no-worries/

03/12/2020

Technology can make a Practice NOT an Accountant

Technology can help – but it's not the be-all and end-all, says Tony Margaritelli.
Tech can turn an average practice into a good practice, but it can never make an average accountant a good accountant.

You can read more here:
https://accountingpracticeonline.co.uk/?p=16098

17/11/2020

Business need to stay ahead of the curve

While many are talking about ‘flattening the curve’ this year, London & Zurich are encouraging you to stay ahead of it through the Covid-19 economic recovery.

You can read their article here:
https://accountingpracticeonline.co.uk/?p=15764

12/11/2020

Contractor Corner

Welcome to Contractor Corner, the series written specifically by Qdos Contractor for accountants with clients who are contractors. This will focus on the IR35 reform which is set for 2021.

You can read about this below:
https://accountingpracticeonline.co.uk/?p=15748

10/11/2020

5 months into the Pandemic

In the second part of her series on dealing with Covid-19, Tracy Ebdon-Poole explains how TaxCalc staff have reacted to working from home.

You can read about it here:
https://accountingpracticeonline.co.uk/5-months-into-the-pandemic/

05/11/2020

Sales of Practice goodwill questions answered

In this fourth and final article in her series, APMA’s Lucinda Kitchin examines some of the key questions vendors typically ask as they put into motion the sale of their goodwill.

You can view this here:
https://accountingpracticeonline.co.uk/?p=15652

03/11/2020

Social media should create connections, not conflict

Lloyd Jones has some advice on making your social media marketing strategy work post-lockdown. The Coronavirus pandemic has caused shock to every economy in the world.

You can read about it here:
https://accountingpracticeonline.co.uk/?p=15649

29/10/2020

Is it the end for cash?

How many of you ICPA members and Accounting Practice readers have been using less cash – and more mobile and contactless payments – during the last few months?

Read the full article here:
https://accountingpracticeonline.co.uk/?p=15532

27/10/2020

Experience matters, that's why Non-Executive Directors are important

Although they’re mainly associated with listed companies, non-executive directors (or ‘NEDs’) are increasingly valued within private companies – even smaller ones now appoint them.

You can read the full story here:
https://accountingpracticeonline.co.uk/?p=15475

22/10/2020

Gold as an investment: Think before you leap

Roddy Kohn explains why gold – contrary to popular myth – may not be the answer to all you investment ills.

You can read the full article here:
https://accountingpracticeonline.co.uk/?p=15289

20/10/2020

Taxpayer Safeguards & the Rule of Law: An important book

When ‘Taxpayer Safeguards and the Rule of Law’ by Robin Williamson was chosen as the ICPA - Independent Certified Practising Accountants book of the month by Ray Chidell of Claritax Books.

You can read the full article here:
https://accountingpracticeonline.co.uk/?p=15237