Category Archives: Uncategorized

FRSME – Changes to reporting

Posted on September 28, 2011 by Stuart

A new accounting standard will be introduced by the Accounting Standards Board from July 2013 to replace UK GAAP for companies that are not publicly accountable.   This change won’t affect “small companies” (less than £6.5 million turnover and £3.26 … Continue reading →

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Negotiation

Posted on July 29, 2011 by Stuart

How do you negotiate? Do you negotiate? Anybody who is in business needs to negotiate – price, quantity, service levels, delivery dates, anything and everything. It’s something I’ve got interested in recently. Many people approach a negotiation with clenched fists, … Continue reading →

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To Audit or not to Audit. That is the question.

Posted on June 15, 2011 by admin

If the turnover of your business is below £6.2 million, there is no legal requirement for you to have a statutory audit. You might have be asked to have one by an investor, or a bank – in which case … Continue reading →

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Requests for payment and VAT

Posted on June 8, 2011 by admin

Now VAT is up to 20% it becomes more has focused attention on cash flow and ways to delay payment of output VAT on fees. One possible way is to issue a ‘request for payment’ rather than a VAT invoice. … Continue reading →

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Cars

Posted on May 18, 2011 by admin

If you’re leasing a car for use in your business there are quite a few factors to consider.  It could end up costing you more than you think. There are various folk ideas about the realtive cost of car. The … Continue reading →

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Yorkshire Business Market 2

Posted on May 11, 2011 by admin

What a great day at the YBM today! Northcote had a thoroughly enjoyable day making new contacts and helping people to understand what the firm stands for. We’re looking forward to catching up with all our new contacts in the … Continue reading →

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The Bribery Act

Posted on May 2, 2011 by admin

The combination of bank holidays, beautiful sunshine and busy days have led to a lack of posts recently so here’s a quick post on the Bribery Act to get things going again. The Act comes into force on the 1st … Continue reading →

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Writing a business plan – a rough guide

Posted on April 22, 2011 by admin

Everybody in business needs a plan. It doesn’t matter how big or small you are, you need to know where your business is going and how you’re going to get there.  It’s a living document – something you’ll review frequently. … Continue reading →

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Entrepreneurs Relief – a quick introduction

Posted on April 20, 2011 by admin

On the 6th April, after the Chancellor’s announcement in March, the lifetime limit on capital gains which qualify for entrepreneurs’ relief was be doubled to £10 million. This means, simply, that the first £10m of qualifying gains are taxed at … Continue reading →

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What is the Game Layer?

Posted on April 15, 2011 by Stuart

It’s important to keep asking “what’s next?” Even if you are “just an accountant!” Many of my peers in the accounting and similar industries have been getting quite excited about social networking of late.  I can always tell who has … Continue reading →

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