Most small businesses’ books are not perfect. One error can cause much bigger problems than the error itself once it’s been left uncorrected for months. Spotting Mismatched Bank Reconciliations As an accountant goes through the bank statements with your records line by line, he will come across transactions that were recorded incorrectly or even missing. … [Read more…]
Probate fees explained When someone dies, there are many things that need to be done to deal with their estate. Obtaining a grant of probate is usually part of this and there are several costs that need to be paid in order to apply for this. The Government Application Fee The Government Application Fee for … [Read more…]
Many law firms face the regular problem of delayed payment of their fees, whether it is the payment of invoices by clients or the payment of settlement proceeds. Set Clear Payment Terms Upfront The payment terms including the payment deadline, the rate of interest on late payment and your method of chasing outstanding debt should … [Read more…]
Once you have submitted your application for FCA Authorisation the process does not come to a close. Instead the application will go into a review process that can last for six months or longer. Here is an overview of what you can expect during the review process. The FCA Acknowledges Your Application Within a few … [Read more…]
If you have overpaid on your income tax, you may be eligible for a refund. Overpayments are surprisingly common and usually occur when you change jobs or forget to claim for allowable expenses. If you have overpaid within the last 4 years, you can apply for a refund. Why overpayments happen There are many reasons … [Read more…]
Retirement is a time when people are wondering how to keep their money. While they may have a decent state pension (for now, if the triple lock is still in place) or some good investments or a pension for their final salary from employment, this cannot be guaranteed.
In buying a property, you are most likely taking out a mortgage too. Despite all the preparations you have made when faced with the blizzard of legal papers you are requested to sign, there may be a document you have not come across before. What is this form? If you are buying a property, anyone … [Read more…]
Many landlords are asking this question due to the changes in mortgage interest relief and the surcharge on stamp duty for second homes. Despite the challenges and the hit to profits, is it still worth purchasing a property for buy-to-let? Are you thinking of buying a buy-to-let property for the first time? If so, you … [Read more…]
Tewkesbury accountants can be found at https://www.randall-payne.co.uk/services/accountancy/tewkesbury-accountants/. They include trained and highly experienced senior accountants and trainee accountants. Taking on trainees is very important for companies as it is an investment into people and into the future of the company itself. The accountants are all capable of helping individuals and companies to set financial targets … [Read more…]