Tag: <span>Langricks</span>

Guide to completing your tax return

Perhaps the easiest and most pain free way to fill in your tax return is to get your accountant to do it, though of course there will be an element of hard cost attached to this. However, if you want to go down the do-it-yourself route there are some simple steps to follow: Register for…




Brexit Sanctions for Accountancy Firms

What you need to know about Post-Brexit Sanctions As 2021 marks the UK’s official divorce from the EU, new sanctions have been announced that will require full compliance from all agents and accountants with the sanctions regime and licensing exemptions affecting many businesses across different jurisdictions. The UK uses sanctions to fulfil a range of…




Do KPIs guarantee success?

Matching the right KPIs to your business strategy; keep it relevant!  If you have a good grip on what makes your business tick then it’s useful to be able to ‘glance’ at the business and its performance against plan by way of a brief set of business measures; Key performance Indicators (KPIs). KPIs typically track…




The Value of alleged cybercrime reaches over £1billiin in UK Courts

KPMG has reported that the level of fraud cases worth more than £100,000 hitting UK courts reached a total of £1.1 billion in 2019, the sixth largest value in the history of its Fraud Barometer report. It reported that the main targets were commercial businesses and the general public with alleged cases of insider fraud…




Benefits Of Hiring Chartered Accountants For Your Company

Generally, chartered accountants keep your books in order and handle your tax issues, in addition to other tasks that they’re qualified to do. Regardless of how big or small your business is, there’s always a perfect chartered accountant for your company. If you have doubts about hiring one, below are the amazing benefits you can enjoy…




Bookkeeping: Capturing and organising receipts

Keep your business receipts tidy and organised using the tips in this blog to make completing your tax return a cinch. Here are our top tips for quickly and efficiently compiling, organising, and storing your business receipts. Make notes – Get into the habit of writing a quick note on receipts about what they are…




What is an exit strategy and why do I need one?

All good things must come to an end, and there will come a time in your life when you’re ready to either start playing a smaller part in the running of your business or say goodbye to it forever. Having a well thought out exit strategy already in place will help you to sell or…




Bookkeeping tasks to complete in January

January is a great time to review your bookkeeping processes and get your business’ finances organised for the new year. For many businesses, January is a quiet time of year that is best used to review performance and processes and plan and prepare for the year ahead. Complete the following bookkeeping tasks in January to…




Plans to cut corporation tax put on hold

Prime Minister Boris Johnson has announced that the planned cuts to corporation tax are to be put on hold. On 1st April 2020, corporation tax was due to fall from 19% to 17%. However, in the run up to the December general election, Conservative party leader Boris Johnson has announced that this cut to corporation…




IR35 rules to be rolled out to private sector in April 2020

Organisations in the private sector must plan and prepare now for changes to IR35 in April 2020 to avoid problems with contractors negatively affecting their performance. Changes are to be made to IR35 rules for the private sector in April 2020 to bring them in line with public sector rules. In April 2017, IR35 was…