RfM has recently been awarded Gold Partner status by Xero. To us, this is a reward for helping many of our clients to revolutionise the way they manage their bookkeeping and business administration. For client Hyde United FC, a move to Xero cloud accounting software has put the performance of their finance department into a different league.
As the owner of a business, responsibility for financial and business decisions ultimately lies with you. Who would make those decisions if you were unable to? Making a Lasting Power of Attorney is the only way to ensure that the responsibility for running your business passes to a person of your choosing.
We love technology… but only if it makes life easier for our clients. Over the past year, we have introduced many of our clients to Xero accounting software, helping them to reduce the time they spend on everyday finance tasks and improve accuracy. We now provide support with a number of Xero add-on apps that can make your business bookkeeping and financial administration even simpler.
There’s probably no better way to demonstrate your knowledge of business growth strategy than by expanding your own business enterprise. Which is exactly what the head of RfM Business Consulting, Tony Backhouse, has been doing over the past two years.
After deciding who gets what, the second most important decision you will have to make when writing your Will is who your executors will be. Here we explain the role of the executor to help you make a suitable choice.
Trying to get a mortgage can be a daunting task. However, it’s not as difficult as you might think and there are a number things you can do to improve the odds of you being accepted. To give yourself the best chance of securing a good deal, you’ll need to have your finances in order before you apply.
Businesses which invest in energy-saving plant or machinery may be able to save tax by taking advantage of an HMRC tax break.
If you have already submitted your tax return for the tax year ended 5 April 2018, there’s no better time to think about saving tax in the current year. Here are three pieces of helpful tax-saving advice…
Honesty is, of course, always the best policy, especially when declaring your income and gains for tax purposes. HMRC are bringing in tough new penalties for UK taxpayers who fail to tell them about income from abroad on which UK tax may be due.
IR35 has repeatedly made the headlines in recent months. Could the media attention and mixed tribunal results lead to changes in this problematic piece of tax legislation?
HMRC are increasing their efforts to raise awareness of Shared Parental Leave (SPL) following suggestions that less than half of employees understand their rights.
Devolution means that Scotland and Wales each now have their own, separate tax regimes and the property tax rules for purchases in both countries have changed. We advise you to pay close attention to ensure the correct procedures are followed, especially when buying property and land that crosses UK borders. In such cases, special rules apply.
From 1 April 2019, certain businesses will be required to comply with the government’s new Making Tax Digital (MTD) regime. MTD represents a significant change to the way taxpayers keep their accounting records and submit information to HMRC. Will you be affected? And what should you do to be compliant?
On 2nd August, the Bank of England increased the base rate from 0.5% to 0.75%, the highest it has been since 2009. The rise has prompted many homeowners to consider looking for a fixed-rate mortgage deal. Should you be doing the same?
Over the last few weeks, three members of the team at RfM Preston have celebrated big work milestones, putting in an impressive 40 years of service between them. We asked Diane, Richard and Alison to tell us about how life at RfM has changed over their time at the practice.