If an entity issues shares to a parent in exchange for a non cash assets, the entity can opts to apply s611 and s615 therefore, to account for the asset ...

Yup ... I'm banging on about HMRC again!  I'm not sure that they comprehend the concept of an organisational culture, let alone how insidiously it ...

I've had a couple of issues recently where I go to register a client for SA only to be told the address HMRC have doesn't match what I have provided. The problem then is the client sets up a ...

The introduction of guidance designed to provide large organisations with advice on the corporate criminal offence of failure to prevent fraud [1] ...

Believe me, it’s happening,” Craig Ogilvie, the director of Making Tax Digital (MTD), told the attendees at the Institute of Certified Bookkeepers ...

Metro Bank has been hit with a £16.7m fine for its failure to monitor potential money laundering activities. The Financial ...

A company has a year-end of 31 December, and staff bonuses are accrued but they are deferred and won't be in the payroll until after 5 April 2025. Currently I accrue the gross bonus, and employer's ...

Moved to a different accounting software and the companies house registration number isn't showing on the balance sheet page.

This is an odd one. We have a UK Limited co payroll only client. The limited co is a subsidiary of a US company.

FreeAgent has been named Friendliest Software of the Year at the Institute of Certified Bookkeepers (ICB) LUCA Awards 2024 [1].* It’s the fifth time ...

Accountants know the importance of onboarding clients effectively and making the best possible first impression. When ...

I have recently taken on a client and identified that they should have been VAT registered 6 months ago. I am yet to finalise the company accounts (31/08/24). As the VAT registration will be ...