Monthly Archives: March 2014

How do you deal with property management issues?

Last year the Financial Reporting Council (FRC) issued FRED 50 setting out the proposed Abstract for Residential Management Companies’ Financial Statements. The aim of the paper is to assist residential management companies (RMCs) to determine whether they are acting as … Continue reading

Posted in Ask the Expert, News

Budget Summary for 2014 – ‘For doers and savers’

  The Chancellor George Osborne delivered his Budget speech to Parliament today, a Budget he said was aimed at ‘makers, doers and savers’. A number of tax related changes were unveiled, and we summarise the key points below: Effective from … Continue reading

Posted in Ask the Expert, News

Auto Enrolment Penalties

Enforced by the Pension Regulator with assistance from HMRC Key points The responsibility for complying rests with the employer. If you don’t comply, you’ll face enforcement action in line with a risk-based approach. Enforcement action starts with statutory notices and … Continue reading

Posted in Ask the Expert, Benefits

Upcoming changes to Capital Allowances

If you own a commercial property with an original cost or cost plus improvements of over £300,000 there may be a claim to make. The same reliefs are available where there are costs on refurbishments or building a commercial property. What is … Continue reading

Posted in Ask the Expert, News

A successful day at the 2014 GMBiz Expo

Leonherman for the second year running had a stand at the GMBiz Expo last week, with over 120 exhibitors and 100’s of visitors we had a busy day meeting with North West Businesses. We held a raffle to win an … Continue reading

Posted in Benefits, News

Real Time Information Penalties – Starting from 6th April

  The new automatic in-year PAYE/NIC penalties for late filing and late payment, plus interest were due to start from 6th April 2014. HM Revenue and Customs have now announced that they will be staggering the start of Real Time … Continue reading

Posted in Ask the Expert, News

Top 10 Tax Planning Tips for 2014

As we approach the end of the 2013/14 tax year, sensible tax planning is an essential tool in making the most of your finances and helping your business’s profitability. Keeping your tax bill to a minimum is not a matter of aggressive … Continue reading

Posted in Ask the Expert, Benefits, News