Umar Memon
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Economic update: August 2014
This guide looks at key UK economic indicators and the economic prospects for the coming months. Following a period of faster than anticipated growth at the end of 2013, the economy has continued to strengthen with consistent growth throughout the… Read more Economic update: August 2014
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Merger with Gatoff & Co Accountancy practice
We are very pleased to announce that Neville Gatoff of Gatoff & Co Chartered Certified Accountants has agreed to merge his practice with Jack Ross with effect from 30th June 2014. Neville and his staff will be moving into the… Read more Merger with Gatoff & Co Accountancy practice
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Company cars – advisory fuel rates from 1 June
The rates which employers can use to reimburse their employees who pay to put petrol in their company cars for business use have been updated. The below rates apply to all journeys on or after 1 June 2014 until further… Read more Company cars – advisory fuel rates from 1 June
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UK growth to reach seven-year high in 2014
The British Chambers of Commerce (BCC) has today upgraded its growth forecasts for the next two years – from 2.8% to 3.1% in 2014 and from 2.5% to 2.7% in 2015. For 2016, their forecast is unchanged at 2.5%. With… Read more UK growth to reach seven-year high in 2014
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Cobbler’s Shoes!
As you may know, in 1948 Mr Jack Ross started his chartered accountancy practice. A few years later he went into partnership with Ged Lanigan, and then Les Jacobs. There have been many changes over those sixty six years, but… Read more Cobbler’s Shoes!
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Firms taking on more employees
The Confederation of British Industry (CBI) has said that businesses are taking on more people and optimism is at its highest level since 1998. Its survey of 151 firms said consumer and professional services are increasingly happy about the economic… Read more Firms taking on more employees
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HMRC crackdown yields record £23.9bn in extra tax
The government has raised a record £23.9bn in additional tax for the year to the end of March as a result of a crackdown on tax avoidance. HM Revenue and Customs (HMRC) said it had secured the money – the… Read more HMRC crackdown yields record £23.9bn in extra tax
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UK economic growth confirmed at 0.8%
The UK economy grew by 0.8% in the first three months of 2014 official figures have confirmed, as households spent more and firms lifted investment. The latest figures confirm the initial estimate from the Office for National Statistics (ONS) and also confirm… Read more UK economic growth confirmed at 0.8%
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Inflation edges up to 1.8%
Annual inflation as measured by the Consumer Price Index (CPI) rose to 1.8% in April, from 1.6% in March, after consumers paid more to travel over the popular Easter period and petrol prices were higher than the same month last… Read more Inflation edges up to 1.8%
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New personal tax statement for 24mn people
From October 2014, around 24 million people will receive a personal tax statement from HMRC detailing how their taxes were spent, the Chancellor George Osborne has announced. This is 4 million more people than was originally announced at the Budget… Read more New personal tax statement for 24mn people