Chancellor Jeremy Hunt delivered his ‘Budget for Long Term Growth’ on Wednesday 6 March 2024. His speech promised ‘more investment, more jobs, better public services and lower taxes’. In our Summary we provide an outline of the main areas covered in this Statement.
The accounting rules for charities, set out in the Charities SORP (Statement of Recommended Practice) derive from Financial Reporting Standard 102 (FRS102) which is published by the Financial Reporting Council (FRC). Previously we reported on developments in the production of a revised SORP with the expectation that it would likely be implemented with effect from…
Our 2023/24 Guide contains practical guidance and ideas to implement before 5th April 2024.
Following HMRC’s announcement that it will not appeal against Loose Women presenter Kaye Adams’ court win over IR35 rules, Wbg, Accountants and Business Advisers, says that the case illustrates the uncertainty surrounding agreeing an IR35 determination with HMRC. TV presenter Adams has successfully argued that she is not an employee, amidst an HMRC clampdown over…
Our newsletter articles, written by experts, provide up to date information on the latest tax and business news.
Chancellor Jeremy Hunt delivered his ‘Autumn Statement for Growth’. Lots on the economy and growth predictions. In our Summary we provide an outline of the main areas covered in this Statement. For our latest updates follow us on LinkedIn, Facebook and Twitter.
Wbg, one of Scotland’s independent specialist accounting, advisory, audit and tax firms, has called for the charity audit threshold in Scotland to be doubled and brought into line with England and Wales. Increases to the company law audit threshold have caused a fall in the number of accountancy firms being registered to undertake audit work,…
While welcoming the UK government’s plans to launch more stringent initiatives to curtail the persistent problem of late payments to SMEs as a step in the right direction, Wbg, Accountants and Business Advisers, notes that the initiatives apply only to larger businesses with a turnover in excess of £10 million. Mark Mulholland, partner in the…
Our newsletter articles, written by experts, provide up to date information on the latest tax and business news.
With a recent survey by the Scottish Hospitality Group finding that more than two thirds of operators in Glasgow have seen footfall drop, with some 63% blaming the introduction of the Low Emission Zone (LEZ) and poor public transport, Wbg, Accountants and Business Advisers, is urging bar and restaurant owners in Glasgow city centre to…
