Menzies

MARCH 22, 2024

Menzies LLP - A leading chartered accountancy firm. This new law which is expected to come into force in September 2024 gives workers the right to request more predictable hours, not a right to have them changed. It would not however apply to someone working on a fixed ongoing shift pattern as this is predictable.

chartered accountant 52

chartered accountant Maine accounting firms Account 52

Menzies

AUGUST 8, 2023

Menzies LLP - A leading chartered accountancy firm. This is with reference to the date the claim is filed, not the accounting period date, so any claims filed from 8 August 2023 onwards will need to comply with these new rules. What is happening? HMRC have introduced new rules for the submission of R&D tax relief claims.

Tax 52

Tax chartered accountant Maine tax return 52

Menzies

NOVEMBER 27, 2023

Menzies LLP - A leading chartered accountancy firm. Under the full expensing scheme, businesses are eligible to receive an immediate tax deduction of 50% or 100% for special rate and main rate purchases respectively, for new qualifying expenses during the year of purchase.

Technology 59

Technology Tax chartered accountant Maine 59

Menzies

MARCH 6, 2023

Menzies LLP - A leading chartered accountancy firm. This was the case even if it was going to be the buyer’s only property or if it was replacing the buyer’s only or main residence. This was the case even if it was going to be the buyer’s only property or if it was replacing the buyer’s only or main residence.

Tax 52

Tax Maine chartered accountant Construction 52

Menzies

JUNE 6, 2022

Menzies LLP - A leading chartered accountancy firm. Increasing main pool and special rate allowances from 18% and 6% to (for example) 20% and 8%. Introducing a first-year allowance for main pool and special rate pool of (for example) 40% and 13%.

chartered accountant 52

chartered accountant tax return Maine Government 52

Menzies

AUGUST 12, 2022

Menzies LLP - A leading chartered accountancy firm. The measures will apply for accounting periods commencing on or after 1 April 2023. The UK Government has tabled draft legislation setting out new transfer pricing documentation requirements that will affect the largest UK businesses. Uncertainty for UK businesses.

chartered accountant 52

chartered accountant tax return audit Maine 52

Menzies

OCTOBER 27, 2023

Menzies LLP - A leading chartered accountancy firm. Stamp Duty Land Tax (SDLT) can be a significant expense for property investors and developers in England and Northern Ireland. However, by understanding and correctly applying the relevant tax reliefs, it is possible to significantly reduce the amount of SDLT that needs to be paid.

Tax 64

Tax chartered accountant Construction Maine 64

Menzies

FEBRUARY 11, 2023

Menzies LLP - A leading chartered accountancy firm. Following an introduction to Caroline Milton, Menzies International Manufacturing specialist, PT Plastics outlined their objectives and the challenges they believed they may face by expanding into the UK market with the main issue surrounding the financing of their projected growth.

Manufacturing 52

Manufacturing accounting and finance chartered accountant Finance 52

Menzies

JANUARY 18, 2024

Menzies LLP - A leading chartered accountancy firm. When it comes to accounting year ends, most UK companies tend to fall into one of three categories. Whilst an annual set of accounts will show 12 months of trade, a balance sheet is a snapshot at a point in time. What time of year do I make the most profit?

Retail 59

Retail corporation tax chartered accountant accounting and finance 59

Menzies

JANUARY 5, 2024

Menzies LLP - A leading chartered accountancy firm. Depending on the circumstances this may defer the tax relief available into the next accounting period. Grants It’s also worth checking whether any grants are available to fund the purchase of equipment. Grant Finder updates on a regular basis for other grants available.

chartered accountant 52

chartered accountant Non-Profits Manufacturing Government 52

Menzies

FEBRUARY 22, 2023

Menzies LLP - A leading chartered accountancy firm. Users need to refer to the Bulletin as well as the SORP to understand accounting practice in the areas affected. A charity can instead choose to measure such properties at cost less depreciation (and impairment) as it was before FRS102 and as it will be in group accounts.

Maine 52

Maine chartered accountant financial statements Legal 52

Menzies

AUGUST 17, 2023

Menzies LLP - A leading chartered accountancy firm. Principal private residence relief Generally speaking, where a property is your main residence throughout the whole period of ownership any gain made will be exempt due to principal private residence relief.

Tax 52

Tax tax return chartered accountant Maine 52

Menzies

MARCH 7, 2024

Menzies LLP - A leading chartered accountancy firm. There are three main areas that impact on the level of sales achieved by retailers: Their products Their people and The method in which sales are made. Labour costs can account for 15% of revenue, the largest cost after purchases, getting the staff levels wrong can be costly.

Retail 52

Retail E-commerce chartered accountant Sales 52

Menzies

MAY 11, 2023

Menzies LLP - A leading chartered accountancy firm. One of the main aspects you need to think about when becoming Self Employed is the tax position and ensuring that you meet the tax reporting requirements.

chartered accountant 52

chartered accountant income tax tax return Transportation 52

Menzies

JULY 14, 2023

Menzies LLP - A leading chartered accountancy firm. Two of the main knowledge sharing initiatives which HMRC has been an active participant in over recent years includes the OECD led Common Reporting Standard (CRS) and J5.

chartered accountant 52

chartered accountant Tax Maine accounting firms 52

Menzies

OCTOBER 21, 2022

Menzies LLP - A leading chartered accountancy firm. What’s in the Main pool? Main pool capital allowances offer tax relief for items that are moveable or classed as ‘plant and machinery’ including furniture, computers, and televisions. Claims made after this will have a greatly decreased return.

Tax 52

Tax chartered accountant Maine tax return 52

Menzies

DECEMBER 7, 2022

Menzies LLP - A leading chartered accountancy firm. This article is a brief explainer of Loan-based crowdfunding firms and when they are covered by CASS 7. Essentially, CASS 7.10.7A notes that Loan-based crowdfunding firms that operate an electronic system in relation to P2P agreements are required to apply CASS 7. P2P = Peer-to-Peer.

Real Estate 52

Real Estate chartered accountant audit Maine 52

Menzies

AUGUST 21, 2023

Menzies LLP - A leading chartered accountancy firm. With the main rate of corporation tax now at 25%, companies will need to ensure they are maximising tax reliefs available to reduce the impact of this increase in rate. Who Will be Eligible to Claim the Allowance?

chartered accountant 52

chartered accountant tax planning corporation tax Construction 52

Menzies

MAY 11, 2023

Menzies LLP - A leading chartered accountancy firm. One of the main aspects you need to think about when becoming a landlord is the tax position and ensuring that you meet the tax reporting requirements.

income tax 52

income tax tax return chartered accountant Legal 52

Menzies

APRIL 28, 2022

Menzies LLP - A leading chartered accountancy firm. The UT concluded that these tests had been established too narrowly and that more weight should have been applied to the main function of the asset rather than just its appearance.

chartered accountant 52

chartered accountant Maine Tax accounting firms 52

Menzies

MAY 19, 2023

Menzies LLP - A leading chartered accountancy firm. Take advantage of long-term and short-term planning techniques One of the main ways that business owners can construct a more durable business structure and enhance its agility is by taking advantage of both long-term and short-term planning techniques.

chartered accountant 52

chartered accountant Construction Maine accounting firms 52

Menzies

JANUARY 7, 2024

Menzies LLP - A leading chartered accountancy firm. There are two main aims of the UK AIFMD: prevent market instability and build-up of systemic risk in the financial system. We provide audit, accounts preparation and corporate finance services to help our clients with compliance and operational efficiencies.

audit 59

audit accounting and finance financial statements Real Estate 59

Menzies

MARCH 22, 2023

Menzies LLP - A leading chartered accountancy firm. Depending on the circumstances this may defer the tax relief available into the next accounting period.

Tax 52

Tax Non-Profits chartered accountant Maine 52

Menzies

JANUARY 12, 2024

Menzies LLP - A leading chartered accountancy firm. Applying this in practice One of the main reasons we do not have a statutory test for defining what constitutes a trade is because of the infinite permeations and factors which may be present (or not) when a taxpayer sells an item or service.

chartered accountant 59

chartered accountant accounting and finance Tax Finance 59

Menzies

NOVEMBER 24, 2023

Menzies LLP - A leading chartered accountancy firm. Here’s our summary of the main points: What does this mean for the Construction sector ? The autumn statement has been a mixed bag for the property and construction sector.

Construction 59

Construction chartered accountant accounting and finance Tax 59

Menzies

JANUARY 18, 2023

Menzies LLP - A leading chartered accountancy firm. Though there are 13 main sections to the sourcebook , we will summarise three of the CASS rules here, the ones that are most likely to have an impact on the procedures of the business. b) Segregation of client money in client bank accounts. What are we talking about?

chartered accountant 52

chartered accountant Maine auditor Account 52

Menzies

APRIL 5, 2023

Menzies LLP - A leading chartered accountancy firm. As we settle into the first quarter of 2023 businesses are feeling the pressure, and some owner managers may have to face a cashflow crisis.

chartered accountant 52

chartered accountant Maine accounting firms Account 52

Menzies

MARCH 15, 2024

Menzies LLP - A leading chartered accountancy firm. It directly aligns the objectives of the main shareholders with the employees, to grow the value of the business. However, incentivisation by equity reward can act as a perfect retention tool for a number of reasons.

Technology 59

Technology corporation tax Tax chartered accountant 59

Going Concern

APRIL 28, 2023

Footnotes is a collection of stories from around the accounting profession curated by actual humans and published every Friday at 5pm Eastern. The winners had to be accounting students at New Jersey colleges or universities who are currently in their junior year or in their senior year and entering an accounting-related graduate program.

Colorado 104

Colorado New Jersey Georgia audit 104

Going Concern

FEBRUARY 2, 2024

Footnotes is a collection of stories from around the accounting profession curated by actual humans and published every Friday at 5pm Eastern. Comments are closed on Friday Footnotes and the Monday Morning Accounting News Brief by default. But the challenges she is facing defy simplicity.

audit 115

audit Tax Texas Massachusetts 115

Menzies

DECEMBER 19, 2023

Menzies LLP - A leading chartered accountancy firm. One of the main reasons for this lack of detailed analysis often comes down to the purpose of SME record keeping; primarily to ensure compliance with tax and statutory obligations.

chartered accountant 52

chartered accountant Retail Maine accounting system 52

Menzies

JUNE 29, 2023

Menzies LLP - A leading chartered accountancy firm. The main difference is that NICs is not chargeable on miscellaneous income. Investing in cryptoassets is becoming more commonplace, but only 42% of crypto owners were aware there might be tax to pay when using crypto in a survey commissioned by HMRC in 2022.

income tax 52

income tax chartered accountant Tax tax return 52

Menzies

FEBRUARY 27, 2023

Menzies LLP - A leading chartered accountancy firm. The main benefit of COP9 for taxpayers is that provided a full disclosure is made, HMRC will guarantee the individual receives immunity from criminal prosecution. How does the digital disclosure service work?

chartered accountant 52

chartered accountant income tax Tax corporation tax 52

Accounting Insight

NOVEMBER 7, 2023

However, the main driver is the mind. The author Gordon Berry is a Master Practitioner in Neuro-Linguistic-Programming, Certified Coach, Certified Hypnotherapist, and Time-Line-Therapist and also a Chartered Accountant and a Chartered Tax Adviser. There is a clue in the word ‘emotion’. I learned new things.

chartered accountant 69

chartered accountant income tax Start-ups Maine 69

Menzies

MARCH 1, 2023

Menzies LLP - A leading chartered accountancy firm. The main reason is a lack of awareness. The wages of staff working on R&D projects are likely to be the main costs incurred by surveying firms looking to claim tax credits. Professional tax advisers can also help businesses and reduce the burden.

Tax 52

Tax corporation tax chartered accountant Maine 52

Menzies

NOVEMBER 10, 2023

Menzies LLP - A leading chartered accountancy firm. There are three main labels proposed for sustainable investment products: Sustainable Focus – for products investing in assets that are environmentally or socially sustainability.

chartered accountant 52

chartered accountant Maine accounting firms Government 52

Menzies

DECEMBER 15, 2023

Menzies LLP - A leading chartered accountancy firm. Attitude and cashflow can be the main ones but resistance will come. ESG at a glance ESG – a term heard almost everywhere nowadays, but what is it? ESG stands for Environmental, Social and Governance. Environmental being a businesses impact on nature and the planet.

chartered accountant 59

chartered accountant Start-ups accounting and finance Government 59