Accounting Roundup : Business news, updates and advice – October 2018

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10 October 2018

Welcome to October’s Accounting Roundup where we explore the latest real world and local news, tax updates, financial and business advice and accounting matters.

General

Leeds’ creative agency community has joined forces in a new partnership named ‘All In. Leeds.’ designed to revolutionise the sector, inspired by the city’s bid to be the new home of Channel 4.

Great article by Haines Watts Partner Donna Bulmer on the growing importance of social mobility and why businesses of all sizes should view inclusion and diversity as a competitive advantage.

Host venues have been revealed for the Tour de Yorkshire 2019, which has now been elevated in status to the tier below a World Tour event by the UCI, the sport's governing body.

The Digital Enterprise programme in Leeds is encouraging businesses to secure new funding for tech upgrades. Digital Growth Vouchers of between £2,000 and £10k are available for firms in the area before the scheme closes in November.

Tax

It is estimated that approaching 1 million VAT-registered businesses are not prepared for Making Tax Digital (MTD), which will apply to businesses with a turnover of 85,000 or more from 1 April 2019.

If you or any of your contacts require any tax advice simply contact us on 0113 398 1100 or email leeds@hwca.com

Online cloud accounting solutions

Here's a topical article which clearly outlines the benefits of cloud accounting. We are accredited Platinum Partners with Xero Accounting Software to provide businesses with online cloud accounting solutions for maintaining their accounting records, including bookkeeping services, VAT returns and management accounting

Pensions

When did you last review your pension, finance and investments?

We recommend our clients to Tilney, one of the UK’s leading private client investment and wealth management company who provide top quality, solid and practical pensions advice You can sign up to their newsletter and financial planning magazine.

For pension and retirement advice, or to book a no obligation review, please contact Charles Coade direct on 0113 224 5544 or email charles.coade@tilney.co.uk or via our Leeds office as below.

We also support a wide range of businesses with online Payroll outsourcing. Our managed payroll services also make all necessary submissions to the tax authorities on your behalf.

If you feel you have comments, questions or thoughts on our Accounting Roundup please let us know – honest feedback is always welcome!