July 2014 Tax Newsletter

July 2014 Tax Newsletter

Our July 2014 Tax Newsletter is now available to download and contains lots of useful information for small businesses. Contents include: HMRC don’t like partnerships with corporate members No AIA on plant and machinery bought by mixed partnerships LLPs members...

Why don’t more small businesses use key performance indicators?

Setting goals and a strategy for your business is important. However you then need to measure how the business is performing in order to understand if the firm is moving forward and is on track to achieve its goals. As such it is necessary to set Key Performance...

Guilty until proved innocent – the new HMRC philosophy

Historically, when the Inland Revenue have opened an investigation and that investigation has lead to a suspicion of fraud, the taxpayer was quite rightly given three options. Those options were as follows: – 1.      Believe to be...

The SMASHii backpack has just been launched

New business start-up, and Viewpoint client, SMASHii, have just launched their first product, the SMASHii Backpack. The backpack, which is available in three different colours, is essential for any adventure traveller or backpacker embarking on a medium to long-term...

When is it too hot to work?

Interestingly, although the law specifies minimum values below which workplace temperatures must not fall, it only requires a "reasonableness" test as far as high temperatures are concerned. The minimum workplace temperature for sedentary (ie. desk based)...