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1. Forfeited deposit was not an allowable loss

   Personal tax

   ... and stage payment. Disallowed expense Drake claimed an allowable loss in his 2015/16 tax return in respect of the ... 08377/V ]. The issue in the appeal was whether Drake had an allowable capital gains tax (CGT) loss equal to his lost ... on the FTT. In Hardy , a taxpayer agreed to purchase an off-plan leasehold property, paying 10% of the purchase ...

   20th May 2022 | Article

2. How you can support your charity clients as an accountant

   General practice

   ... with charitable status such as schools and churches, plus an unknown number of charities with turnover below the ... to cashless transactions during the pandemic. Your role as an accountant looking after charity clients As an accountant, you have a wealth of knowledge that can ...

   5th Jul 2022 | Industry insights

3. An accountant’s guide to going solo

   Practice strategy

   ... businesses often favour the economic benefits of using an independent accountant and prefer the personal touch. ... Legally you don’t need a qualification to call yourself an accountant, but a professional designation might give you ... a welcome shortcut to everything you need to know. An accountant’s guide to going solo Practice strategy An ...

   14th Jan 2021 | Article

4. Client Onboarding For Accountants: An Improvement Guide

   Practice strategy

   ... processes you have developed to meet their needs. After an effective onboarding, clients should fully understand the ... While these tasks are important, onboarding should play an equally important role. Without an effective onboarding process, both the client and your ...

   17th May 2022 | Industry insights

5. Is the blockchain an opportunity for accountants or a threat?

   Accounting software

   ... for Accountants Accounting software Is the blockchain an opportunity for accountants or a threat? ...

   23rd Jun 2022 | Industry insights

6. What does an effective R&D eligibility screening conversation look like?

   Business tax

   ... Separating companies into those that are likely to have an R&D claim, and those who are not, is a process many R&D ... up ineligible companies and burning time for no reward. As an accountant, your goal for the conversation is usually to ... This usually follows a shorter conversation on whether an R&D claim is appropriate for your client . This initial ...

   15th Jun 2022 | Industry insights

7. Considerations to start your digitalization as an SME

   Practice strategy

   ... to change. Knowing what skills you will require to be an asset to the finance department just a few years from now ... Visual reporting tools like Power BI are one way to create an overview. Through predefined filters, slicing and dicing data, and a user-friendly interface, it is an easy way to get up to date with financial insights ...

   14th Jun 2022 | Industry insights

8. How to create an effective workflow for your bookkeeping practice

   General practice

   ... for bookkeeping practices General practice How to create an effective workflow for your bookkeeping practice ...

   10th Jun 2022 | Industry insights

9. The Sunak soap opera: An accountant’s take

   Personal tax

   ... Ironically, there have been frequent media references to an assumption that Ms Murty is richer than the Queen. A ... the status is still primarily based on the domicile of an individual’s father at the date of their birth. However, ... seems hard to believe that Mr and Ms Sunak could carry on an adequate relationship if he was high profile London-based ...

   11th Apr 2022 | Columnist post

10. Nomisma launches an official integration with Dext

    Accounting software

    ... Visit: www.nomisma.co.uk Nomisma launches an official integration with Dext Accounting software Nomisma launches an official integration with Dext ...

    1st Apr 2022 | Industry insights