Tag Archives | Kent

Magic stuff

Corporation Tax – how the Professionals wave their magic wand – or is dark arts? Corporation tax should be easy shouldn’t it – look at the Profit and Loss and then take 19% off to give to the Tax Man. But why, when you get your accounts and tax review, it doesn’t add up to […]

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Bookkeeping

IT security at MPower

M:Power Accounting is pleased to announce that we have engaged the services of Virtual Tin for IT support. Please find important information below about how this change in our data platform will affect you: 1: All your data will be held on a dedicated M:Power Server All the data that I hold, including your client […]

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GDPR: help or hindrance?

GDPR – a help or a hindrance? So, for the uninitiated, GDPR stands for General Data Protection Regulations. It’s basically the Data Protection Act (DPA) on speed! The new regulations, from the European Parliament, will come into force on 25th May 2018, and when they say come into force, they mean come into force. Everyone […]

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An office at home…

An office at home I am often asked about setting up an office at home and what costs can be claimed through the business. Many of us will work from home even if we have an office, myself included. So, over the next few weeks I’m going to explore the tax implications of working from […]

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Carillion Saga…

The saga of Carillion continues with the news only this morning showing that payments into the company pension fund were missed as its troubles grew though dividend payments to shareholders and bosses bonuses continued. All the signs were there that Carillion was a bad debt waiting to happen and many of the companies now caught […]

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November Budget ’17

November Budget 2017 So, I’m sat here preparing my presentation for tonight on the budget – I guess I should be thankful it won’t be a long one! The economic outlook has worsened with the OBR (Office of Budget Responsibility) reducing the forecast for growth.  However, Phillip Hammond has increased spending with very little increase in tax […]

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Budget Build Up

Next week we will receive our second budget speech of the year from the Chancellor, Philip Hammond.  Two budgets in one year – why? Well, the UK is the only major advanced economy to make major changes to the tax system twice in a year.  Many leading financial institutions have been calling for this to […]

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