IFRS 16 Leases – Changes in accounting for leases

From accounting periods starting January 2019 onwards, International Financial Reporting Standards (IFRS) 16 will force companies to list leasing commitments on their balance sheets, income statement and cash flow statements. In the current system, leases are classified as either operating … Continue reading

General Data Protection Regulation – A basic summary for small businesses

The new General Data Protection Regulation (GDPR) will come about on the 25th May 2018 – and with it a whole new series of regulations governing the storage and management of personal data. The GDPR will replace the 1998 Data … Continue reading

When and Why to Hire an Accountant

So you’re self-employed, or a small business owner, and wondering whether it is worth paying an accountant’s fees for the first time. Or maybe you already have an accountant, but you are concerned that your money would be better spent … Continue reading

A bit of advice on long-term fixed rate mortgages

Are you a first-time buyer? Maybe you are looking to upsize your house in the near-future? Or are you considering a re-mortgage? Regardless of which applies to you, now is a great time to think about all of the market … Continue reading

Do Your Tax Return Sooner Rather Than Later

The start of the New Year marks the one-month countdown to the online deadline for 2017 tax returns, as well as for your tax payment. With time running out, we would strongly recommend that you get around to filing these … Continue reading

Potential change in government? – no worries, let’s protect your finances.

Regardless of your political persuasion, and regardless of your financial situation, a change in government could affect what you take for granted. It is best then, to be prepared for any changes before they come – an especially good idea … Continue reading

Don’t leave your Tax Return until after Christmas

It’s that time of year again when the mad rush to complete your self-assessment tax return is just around the corner, so we’ve put together a guide to help you avoid the deadlines and ensure that yours is completed without … Continue reading

Women in Business in Parliament

On Wednesday, 6th September, Director Michael Stack and his manager, Nadine Jones, were invited to attend The Federation of Small Businesses “Women in Business in Parliament” networking event, which was held at the Houses of Parliament. Speaking at the event … Continue reading