Blog

On Sunday 10th April the Sunday Times published their first supplement listing the Top 200 Accountants in the UK based on reviews on the independent consumer ratings website VouchedFor.co.uk. We are proud, but not at all surprised, to say that Ashley Smith was featured. To be included Ashley was highly recommended ... Read More
You may, or may not, have heard of HMRC's business record checks.  These were introduced in 2011 with the view of helping businesses identify their shortcomings in their bookkeeping.  However, these came under fire from the accountancy and taxation professions as it was seen as a backdoor way for HMRC ... Read More
HMRC is moving its banking arrangements to Barclays from February 2016.  If you pay using a payslip then make sure that it shows the correct bank details before you make the payment.  Payments that go to the wrong account will result in delays in being allocated against your tax bill. If ... Read More
As the buy-to-let market continues to grow you may have decided to get in on the action, but needed to borrow to buy a property.  The trouble is the new rules introduced by HMRC will restrict tax relief on loan interest and finance costs for higher and additional rate taxpayers ... Read More
End of wear and tear
by AshleySmith /
In the 2015 Summer budget George Osborne declared that the Wear and Tear deduction would be scrapped from April 2016.  HMRC put forward an alternative, which is ironically virtually identical to one it pushed the government to abolish in 2013.  The proposal is for a renewals allowance which will allow ... Read More
As many of you will know VW have been in a bit of hot water lately due to the 'defeat device' that had been fitted to a number of vehicles to cheat the American nitrous oxide emissions test.  This device changes the way the engine runs during official testing, meaning ... Read More
Kashflow Videos
by AshleySmith /
Check out the videos for Kashflow. https://www.youtube.com/watch?v=4k2gtFGvfew https://www.youtube.com/watch?v=2iYYQg0HLlg https://www.youtube.com/watch?v=sAjvSMM0Z18 https://www.youtube.com/watch?v=nLFW5QPfI6U  
The Pensions Regulator made 192 ‘fixed penalty’ notices of £400 in the first quarter of 2015, up 120% from the previous quarter, according to Creative Auto Enrolment, a pension adviser. Fines on employers for not complying with new workplace pension duties increased sharply in the first four months of 2015. In April ... Read More