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Big changes to wages payments in lieu of notice!
From April 2018 the tax treatment of wages payment to employees who are leaving is about to change. Currently, contractual wages payments in lieu of notice are subject to tax and National Insurance (NI) deductions, however in the absence of a contractual right to make a payment in lieu of notice, such a payment…
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Intangible assets make up 75% business of deal values
Three quarters of the purchase price in M&A deals is represented by goodwill and intangible assets according to the 2017 Purchase Price Allocation Study from PPAnalyser. The report highlights the importance of identifying and measuring the value of intangible assets to support the rationale of an acquisition. Unsurprisingly, transactions in the services sector have the…
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VAT: Good News for membership organisations
Membership Organisations often offer a package of a variety of benefits to their members in return for a subscription. These benefits can range from a glossy magazine or an emailed newsletter to significant discounts and entry into exhibitions and even a ticket to the annual Gala Ball. And many Membership Organisations apportion their subscriptions between…
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Charities and VAT
At Burgis & Bullock we understand Charities and the Not For Profit sector We audit a number of local (and not so local) charities and NFP organisations and provide specialist advice on accounting, governance, tax and VAT to many more. In 2018 we are going to run a number of interactive breakfast workshops to share our…
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‘Tis the season of goodwill
At this time of year goodwill may conjure up images of mince pies, presents round the Christmas tree, and merry carol singers. However, as we approach the financial year end for many companies the issue of goodwill has a whole different meaning for valuers and auditors. So, what is goodwill? In the past the simple…
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Free Training for Charities & Not For Profit Organisations
At Burgis & Bullock we understand Charities and the Not For Profit sector We audit a number of local (and not so local) charities and NFP organisations and provide specialist advice on accounting, governance, tax and VAT to many more. In 2018 we are going to run a number of interactive breakfast workshops to…
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Do online business valuation calculators work?
From getting a medical opinion to ordering a pizza, almost anything can be done online. So, free online valuation calculators are a seemingly attractive way to check the valuation of your business when considering a share sale or trying to resolve a shareholders’ dispute. But just how reliable are these tools? During November 2017, we…
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How online payment services get you paid faster
Ever wished you could get customers to pay faster? Well, you can. Just give them convenient payment options and you’ll get your money two to three weeks earlier than usual. Some will even pay instantly. Being easy to pay is a customer service You work hard to make things easy for your customers. You hustle…
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Countdown to start of Coventry & Warwickshire Businesses Festival
Monday 20th November will see the start of the first, annual Coventry & Warwickshire Business Festival. In its inaugural year, the Business Festival has already swooped to the top as the largest business event in the region, with a programme consisting of 114 events and thousands expected to attend from within and outside of the…