Monthly Archives: January 2013

In the current difficult economic environment, the failure of one business can have a knock-on effect on its suppliers. If one of your customers goes down you need to quantify the bad debts created by that failure as soon as … Continue reading →

The standard personal allowance (amount of tax-free income) for 2013/14 will be £9,440. It was expected to be a smaller increase to £9,205 so some good news there. The new higher allowance allows an individual to earn £181.54 per week … Continue reading →

A company may provide sports or recreational facilities for its workforce, but unless those facilities are used mainly by current and former employees with exclusion of the general public, there will be a benefit in kind tax charge for the … Continue reading →