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

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12 September 2018

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

General

Companies have been left in the dark over planning for Brexit amid an "information void", a leading business group has warned. The Institute of Directors (IOD) has called on the government to speed up guidance on what companies should expect if no deal on leaving the EU is reached

Haines Watts Director David Fort has called for politicians and businesses to make the most of the Northern Powerhouse initiative and develop more autonomy from central Government to support growth of the economy in the North.

A recent survey by the Federation of Small Businesses (FSB) has revealed that small businesses are finding it more increasingly expensive to raise finance This is now even more of a concern given the recent rise in interest rates.

Leeds Council leader Judith Blake commented on the lack of assurance over plans to fix the recent Network Rail timetable chaos, saying that it was “disturbing” that neither they nor the transport operators were able to provide reassurance that their plans to improve the “currently abysmal service levels” would deliver the promised network improvements.

Tax

Many businesses are still missing out on Research and Development (R&D) Tax Credits, partly due due to a lack of awareness of the schemes, and partly because many companies don’t realise they qualify. Read our recent blog below and if you think you are eligible contact us on 0113 398 1100 or email leeds@hwca.com

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

Specialist project work

We have been chosen by large local companies to help with bespoke admin and financial reorganisation because of our clear thinking and cost effectiveness. If you have a project we can help with please contact us

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 emailcharles.coade@tilney.co.uk or via our Leeds office on 0113 398 1100 or email leeds@hwca.com

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!