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Refresh your knowledge or upskill with new IAB CPD bookkeeping modules

Are you working as a bookkeeper and looking to recap your knowledge without having to complete a whole qualification? Would you like to gain new bookkeeping skills via a CPD module instead of completing a qualification? The International Association of Bookkeepers (IAB) is a leading professional and awarding body for bookkeepers. We now have Continuing Professional Development (CPD) units available

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HMRC update partnership pack: preparing for a ‘no deal’ EU exit

HMRC have updated their partnership pack on G‌O‌V.U‌K to help businesses plan for the possibility of a ‘no deal’ EU Exit. The third edition of the pack is available to view here: https://www.gov.uk/government/publications/partnership-pack-preparing-for-a-no-deal-eu-exit. This pack includes information from, and directs people to, 5 online guides, which provide the information on the steps UK businesses trading with EU need to take now in order

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HMRC Talking Points

HMRC’s regular Talking Points webinars provide information, guidance and tips to help you understand tax issues. Forthcoming ones include: Income from property for individual landlords – changes introduced by Finance Act 2, 2017: A comprehensive look at two measures introduced by Finance Act 2, 2017: the cash basis for property businesses. (From the 2017-18 tax year, the cash basis will be

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Making Tax Digital for VAT Pilot open to all businesses mandated from April 2019

HMRC have announced the Making Tax Digital for VAT pilot is now open to all businesses who will be mandated to use the service from April. The pilot is progressing well – over 3,500 businesses have already joined and HMRC have seen a dramatic increase in daily take-up from around 10-20 a day when the pilot first opened to well

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Drone audit first

PwC UK has undertaken a stock count audit using a drone for the first time. It is all part of the Big 4 firm’s wider drive to harness emerging technologies to enhance audit quality and efficiency. The drone, which was manufactured and operated by QuestUAV captured over 300 images of the coal reserves at one the UK’s last remaining coal-fired

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Double counting of taxable benefits could cost thousands

A number of employees could be incorrectly paying too much tax due to double counting of taxable benefits, say leading accounting firm Blick Rothenberg. Simon Rothenberg, a senior manager at the company, said: “When companies restructure their operations due to financial difficulties or when preparing for Brexit, it is often required that employees move from being employed by one legal

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Retail administrations rise for the second consecutive year

The number of retailers entering into administration in 2018 was 125 – compared to 118 in 2017, a marginal increase of 6% according to Deloitte’s latest insolvency figures. In addition, the number of retailers entering into Company Voluntary Arrangements (CVAs) increased by 52%, from 25 in 2017 to 38 in 2018. Deloitte’s research shows the number of large multi-site retailers

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HMRC one-stop shop gets 200k customers

More than 200,000 new businesses have used a new one-stop cross-government service allowing new start-ups to register their company and also register for tax at the same time. The Streamlined Company Registration Service, which has been set up in a collaboration between HMRC and Companies House, will ease the burdens on new businesses, enabling them to concentrate on what they

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Apprenticeships doubts

It is in fact still young people who need to be convinced that apprenticeships are the best route to a good job, says a new poll from YouGov. Older people surveyed were much more likely to regard apprenticeships as the best chance for school leavers to find a rewarding career. Among 18 to 24 year-olds, some 34% said going to

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