In the 2016 Budget, we learned of the future introduction of a new tax relief designed to attract new share capital into unlisted companies. Investors’ Relief (IR) is an extension to Entrepreneurs’ Relief (ER) but it is a different group of people that will benefit from the scheme.
Archives for 2016
Research suggests that it can take 10 to 15 minutes to recover your focus after being distracted from a task. With so many distractions in the modern workplace, how can we ever be expected to get the job done?
The long-awaited (and much delayed) Tax-Free Childcare scheme is set to launch in early 2017. There will be a phased roll out, allowing parents of the youngest children to apply first, and by the end of 2017, all eligible parents will be able to benefit from the scheme.
This year, Lancaster restaurant and RfM client Quite Simply French (or QSF for short) is celebrating its 20th anniversary and its most successful year to date. We spoke to QSF owner Robert Mason about his journey to reaching this impressive milestone and one of the vital ingredients in his recipe for success.
We recently welcomed sharp-eyed auditor Anita McGoay to the team at RfM Preston. Anita is looking forward to bringing a fresh approach and the very latest ‘smart’ audit thinking to the group.
An audit is statutory for any organisation with a turnover of £10.2m or more but many smaller companies also choose to have one. Here are 5 ways that an audit can benefit your business.
In less than two years, RfM Accountants has successfully grown to a network encompassing six offices in Lancashire and Cumbria and a partnership in the City of London. Our new Business Growth Service makes it possible for owners and managers to access the specialist expertise that has contributed to RfM’s own expansion and take their businesses to the next level.
Are directors required to be enrolled in an employer-provided workplace pension scheme?
We are pleased to announce that RfM can now give clients access to unsecured business funding from £5k to £350k through our partnership with an innovative ‘marketplace lender’.
Nobody likes getting a parking fine. But when a ticket is the price you pay for providing an efficient service to your customers, surely you should be able to get a tax deduction?
The Office for Tax Simplification (OTS) has been looking in detail at whether income tax and National Insurance (NI) could become more closely aligned. With further reviews proposed, it looks as if the government is keen to progress this issue.
We live and work in a digital age. UK consumers are the biggest internet shoppers in Europe and businesses are embracing digital technologies to become more productive. But our reliance on the internet is not without risk and we still need to work on our cyber security.
The introduction of the new Savings Allowance on 6 April 2016 means that the majority of taxpayers will not pay any tax on their interest.
A report by the National Audit Office (NAO) has revealed that poor HMRC service may mean some taxpayers have paid the wrong amount of tax.