The case of Dipak Patel v HMRC examines whether or not two trades conducted by the appellant were carried out on a commercial basis with a view to the realisation of profits, or merely as a hobby.
The case of Dennis White v HMRC illustrates the importance of an adequate record keeping system and keeping business and private expenditure separate in a business.
The Autumn Statement in December 2014 included a surprise amendment to the rules affecting how goodwill is treated on the incorporation of a trading business.
Paying tax is just one of life’s necessary evils. Conducting your own accounting can be tricky, yet hiring a professional is expensive.
Professional Services companies who generate revenue through managing and delivering projects for clients need access to clear information about all projects and resources in order to gro
Risk appetite among chief financial officers (CFOs) of the largest companies in the UK has reached a seven year high, according to Deloitte.
In his latest video blog ICPA Chairman Tony Margaritelli reveals his top 5 tips to gain referral business.
We have recently won a contract to supply parts manufactured in Hungary which we will purchase and resell to our UK customer. The goods themselves will be sent directly from our supplier in Hungar
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