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MTD – Making Tax Digital – Challenge or Opportunity?
Making Tax Digital (MTD) is a key part of the government’s plans to make it easier for individuals and businesses to get their tax right and keep on top of their affairs – ultimately paving the way to the end of the annual tax return for millions of businesses and individuals. The first businesses to…
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TAG Alliances Named the Fastest Growing Accounting Alliance in the World
TAG Alliances has been ranked as the 10th largest accounting alliance in the world by Accountancy Magazine in its 2018 survey. Amongst the ranked firms, TAG Alliances saw the largest growth at 12.5% with global member revenues increasing to $4.5 billion in 2017 from $4 billion in the previous year. Burgis & Bullock has been…
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Crucial tax deadlines looming for self-employed
If you have recently become self-employed now is the time to start focusing on your next steps towards tax compliance. As a freelancer, sole trader or self-employed individual, one of the most important aspects of your working life is keeping on top of your tax responsibilities, as it is now your responsibility to notify HMRC…
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Deadline looms for UK taxpayers with foreign assets
A crucial deadline for UK taxpayers with foreign assets is looming – with the potential for serious penalties to be imposed for non-compliance. HM Revenue and Customs (HMRC) is demanding people declare any foreign income or profits on offshore assets before September 30th as part of the new ‘Requirement to Correct’ legislation. The legislation requires…
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The Garden Furniture Centre sits pretty on growth
A £38 purchase of half a dozen wooden benches got the ball rolling for a multimillion pound Warwickshire business which is now celebrating its 20th anniversary. The Garden Furniture Centre, based at Wootton Wawen, is celebrating two decades in business by reaching a turnover of £5 million and supplying products into Europe. Jon…
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You Don’t Know What You Don’t Know – Unfortunately What You Don’t Know Can Really Hurt You
As an Entrepreneur, running your own business can be exciting and lucrative. However, mistakes can have disastrous consequences, which is why more businesses fail than succeed. Who can entrepreneurs turn to for help? When Midlands accountants, Burgis & Bullock discovered business failures were normally due to a lack of management training or expertise, they took…
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Award success for Burgis & Bullock
Burgis & Bullock has been handpicked for an industry accolade for the second year running. The firm has been named the ‘Best Accounting and Business Advisory Firm 2018’ by digital magazine Acquisition International in their annual Global Excellence Awards. Recipients of the awards are selected by staff at AI magazine based on analysis and research in…
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Burgis & Bullock help to grow unique Leamington business
A Midlands based event-styling business which began at home and now works with huge global clients has been given crucial financial support to bolster its ongoing growth. Table Art, based in Leamington, has been creating state-of-the-art light-up centrepieces and event art for the last decade, helping to set the stylistic tone for guests at huge…
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Payslip Law Changes – What you need to know
A recent statute (The Employment Rights Act 1996 (Itemised Pay Statement) (Amendment) Order 2018) has been passed mandating changes to the information employers have to show on workers’ payslips. Under the Order, which is due to come into force on 6 April 2019, employers must itemise payslips for employees’ wages which vary depending on how much…