
What are service charge accounts?
Service charge accounts can be a complex part of property management. There is a lot to consider and they have become a bone of contention between leaseholders and freeholders or landlords and tenants in the past.
As accountants we don’t just reside within the realm of finance, we are everywhere, from accounting for a big law firm, to advising a tiny bakery business. With so much experience in so many sectors, we have a lot to say… Take a look around!
Service charge accounts can be a complex part of property management. There is a lot to consider and they have become a bone of contention between leaseholders and freeholders or landlords and tenants in the past.
How will the Spring Budget affect you and your business? Will you be left with less in your pocket, or more? Can you afford to make plans without knowing?
With the growing Coronavirus crisis on our hands, it is predicted that a fifth of the workforce will be off sick at any one time.
Seeing as most people are enjoying their weekends tomorrow, we’re celebrating National Women’s Day today with a special shout out to a few of our hard-working women working and thriving at Leonherman!
A good accountant will offer you the services you need to be compliant, but a great accountant will proactively offer you support to develop and grow. Accountants have a wealth of business experience that businesses should take advantage of.
The Pareto principle also known as the 80–20 rule, Management consultant Joseph M. Juran suggested the principle and named it after Italian economist Vilfredo Pareto who, while at the University of Lausanne in 1896, he published his first paper “Cours d’économie politique.”
The New Year is a great time to sit down and reflect on the past year and consider your plans for the year ahead, take stock of what has worked and what has not. You may have a business plan, but when did you last review it? Are you on target to achieve your goals or is it time to set new ones?
It has been an exciting time here at Leonherman as we have successfully completed the management buyout, but we have even more exciting times ahead as we draw to the end of 2019.
The lack of planning and control of cash resources is the reason often given for the failure of many businesses. By undertaking good financial forecasting businesses can help reduce this business risk.
HMRC are being urged to provide clarity and consistency on the tax treatment of commercial vehicles such as VW Kombi Vans marketed as goods vehicles.
About time to we hear you say, the Office of Tax Simplification (OTS) have undertaken a detailed review of Inheritance Tax (IHT), which I think we can all agree is a complicated tax.
The “off-payroll” working rules to the private sector will be in operation from 6 April 2020.
This means all VAT registered businesses (with a turnover of £85k and above) will be required to submit all future VAT returns using compatible software.
From 1 August 2019, Xero’s standard and premium subscription prices are changing in the UK. There’s no change to starter plans.
Most people these days have too much information and not enough time. We don’t have the time to weigh up every facet of every decision. This tends to encourage us to take shortcuts where we can, meaning we often go into a meeting or a negotiation with an idea as to what the outcome might be.
Back in 2016 the government consulted on a proposed abolition of Class 2 National Insurance contributions (NICs) for the self-employed.
How much salary should you pay? From 6 April 2018 (and not before) you can pay a salary of £702 per month without paying any tax or
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