Author: Craig Hyslop
Did ITSA overwhelm your firm this year?
Now that January has finally passed, many accountancy firms are taking a collective deep breath. The mad dash to meet the ITSA (Income Tax Self Assessment) deadline is over – but at what cost? For some, late nights, stressed staff, and a flurry of last-minute client submissions defined the month. Others may have faced the […]
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How to efficiently manage the year-end audit rush
The year-end audit rush – the time of year that sends most accountants into a very busy, stressful period. Every business wants their audit finalised before the books close, and if you’re working with larger companies, interim audits add to the chaos. Often, accountants find themselves juggling a heavy workload, deadlines, and clients who aren’t […]
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How are accountants likely to be affected by the Budget?
With the recent Autumn Budget delivering personal tax changes, accountants across the UK are facing a new wave of complexities in managing their clients’ needs. From updates to Capital Gains Tax (CGT) and Business Asset Disposal Relief (BADR) to Inheritance Tax reliefs such as Agricultural Property Relief (APR) and Business Property Relief (BPR), the industry […]
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Payroll – A surprisingly difficult job
As we celebrated National Payroll Week at the start of this month, it provided a perfect opportunity to reflect on a task that many underestimate. If you’re a business leader or an accountancy professional, you might have taken this moment to think about your own payroll team’s workload. Recent statistics from the Global Recruiter revealed […]
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Diverse income stream carnage threatens your team
We often hear from accountants whose client has income from freelancing, investments, and rental properties and demands the same price for account filing as the simplest business models. Despite the added complexity created by multiple income streams, these clients often pay the same price as any other, and expect their accounts to be filed accurately […]
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