Preparing for Future of Accounting
Accounting plays an imperative role in the performance of any business. With changes in the working model of modern businesses and technology plays an essential role in the transformation of a [...]
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Polish Speaking Accountants or Polish Accountants
Introduction Polish language is spoken mostly by people of Poland. It is an official language in Poland, and acknowledged as a minority language in Ukraine, Czech Republic, Romania, and Slovakia. [...]
How to find out or check if a company is VAT registered
CHECK VAT NUMBER [...]
FRS 102 v/s FRS 105
OVERVIEW Starting FY2016 (1 January 2016), small companies which meet the criteria of a 'micro-entities' must opt between: Using Financial Reporting Standard (FRS) 102 (this standard is [...]
CHECK STATE PENSION AGE
KEY HIGHLIGHTS The national state pension age for women is set to increase in 2018 – the age will be 65 years starting next year For women born between 6 April 1950, and 5 [...]
Disability Living Allowance and Mobility Allowance
DISABILITY LIVING ALLOWANCE Disability Living Allowance (DLA) is the most important benefit available for both children and adults with a disability condition. The allowance helps the concerned [...]
What is Carer's Allowance?
CARER'S ALLOWANCE KEY HIGHLIGHTS Carer's Allowance rate for FY2017-18 is £62.70 a week An individual might be able to claim for Carer's Allowance if the following conditions [...]
Tax Policies from Labour, Conservative, and Liberal Democrat in 2017 General Election Manifestos
Jeremy Corbyn (Leader of the Labour Party), Theresa May (Leader of the Conservative Party since July 2016), and Tim Farron (Leader of the Liberal Democrats since July 2015) have dissimilar views of [...]
New rules for company losses
The 2017 Finance Bill set out the new rules for carried-forward losses for corporation tax purposes and brought in some key changes. Under the old rules, corporation tax losses carried forward could [...]
Attendance allowance
Overview Attendance allowance is available to individuals’ who are aged 65 and above and requires personal care such as washing, dressing or eating due to disability or illness. The amount is [...]