The partners and staff of Jack Ross Chartered Accountants join the nation, the Commonwealth and the world in mourning the death of Queen Elizabeth II. We send our condolences to the Royal Family.
The votes are in for our August Employee of the Month. It has been a big month, unlike any other. This month we have an exciting double win! Sharing this months title as employee of the month is… Khadija Toppa and Mach Tu! Let’s start with Mach! Her colleagues have praised her Audit work this[…]
Another month has passed, and again, we are ready to celebrate the work of one of our staff members who excelled in July. And the winner is… Kate Partington! The admin department has been very busy in the last month or two. Kate’s ability to manage the workload has earned her the top spot in[…]
A business exit strategy is a plan for what will happen when you want to leave your business. Many people think of an exit strategy as a plan to guard against disaster or something that has to be carried out right away after its conception. But this usually isn’t the case. Instead, it’s a plan[…]
Just about everyone has heard of VAT (value-added tax). We’re used to paying it on many of the goods and services we purchase in our everyday lives. But when you have your own business, you’ll learn a whole new world of VAT exists. You will need to work out how to apply it to your[…]
People are unprepared and unenthusiastic for Making Tax Digital (MTD), according to a survey commissioned by HMRC. Global market research group Ipsos recently released data suggesting a lack of preparation for MTD. They said “awareness of MTD in general, and MTD for income tax self-assessment (ITSA) specifically was low”. MTD ITSA will require people with[…]
It’s the time of the month where we celebrate the achievements of our staff members in June. As always, our team here have been voting for a colleague who has shown to be going above and beyond this month. We had a close race this month, but our winner has been decided. The winner is….[…]
HMRC recently announced new powers to carry out investigations on companies they suspect of evading taxes. As a business owner, you might be worrying about what happens if your company comes under scrutiny. Even if you’ve played entirely by the rules, the stress of an investigation can be a lot to deal with. Even more[…]
Spring Statement changes are coming into effect. How will these changes to affect you? As you may have heard, there are changes happening to National Insurance contributions (NIC). From 6 July, the new thresholds will come into effect. But what does that mean for you? As a self-employed worker, you will already pay your National[…]
Most businesses rely on funding in one form or another to keep their operations running. This finance also allows them to invest in new equipment or projects, and grow. The past few years in particular have made it necessary for many businesses to source extra funds. This could be due to dealing with the impacts[…]