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IFRS 16 leases rules have changed 1 January 2019
IFRS 16 leases rules have changed 1 January 2019

Leasing is very common and is often used as a financing solution to access buildings and equipment without suffering large up-front cash outflows. Most of a company’s operating leases to date tended not to be shown on the balance sheet. Going forward the introduction...

new anti-money laundering regulations set to hit charities
new anti-money laundering regulations set to hit charities

New anti-money laundering regulations set to hit many charities It has been reported that a large number of charities could face administrative bureaucracy from the government as they bring in new anti-money laundering regulations. The Fifth Money Laundering Directive...

Protection for flights and road after Brexit reaffirmed
Protection for flights and road after Brexit reaffirmed

Protection for flights and road after Brexit reaffirmed  On the 5 September 2019 the Government confirmed that they have measures in place to make sure flight and road haulage will continue to run smoothly after 31 October if the UK leaves the EU. There will also be...

No deal Brexit to hit Small Businesses
No deal Brexit to hit Small Businesses

No deal Brexit will hit Small Businesses and Amazon Retailers In the event of a no deal Brexit small and medium sized firms (SME) and Amazon retailers will be especially vulnerable. CBI (Confederation of British Industry) say 40% of SMEs that trade internationally do...

Charities warned to prepare for no-deal Brexit
Charities warned to prepare for no-deal Brexit

Charities warned to prepare for no-deal Brexit The National Council for Voluntary Organisations (NVCO) are urging the new minister for civil society to make sure charities are not ignored and receive the funding they need to prepare for a no-deal Brexit. After the...

Domestic reserve charge to be delayed
Domestic reserve charge to be delayed

Domestic reserve charge for construction to be delayed  The domestic reserve charge was supposed to come into action on 1 October 2019. However, representatives from the construction industry have raised concerns that some companies are not ready for the changes....

Official figures show that property sales fell in July
Official figures show that property sales fell in July

Official figures show that property sales fell in July Sales of residential properties have reduced significantly in the UK. There was a reduction of 8.5% between June and July, and a year on year decline of 12.4% (Official Data). HMRC’s data shows that there were...

IFRS 16 leases rules have changed 1 January 2019
IFRS 16 leases rules have changed 1 January 2019

Leasing is very common and is often used as a financing solution to access buildings and equipment without suffering large up-front cash outflows. Most of a company’s operating leases to date tended not to be shown on the balance sheet. Going forward the introduction...

new anti-money laundering regulations set to hit charities
new anti-money laundering regulations set to hit charities

New anti-money laundering regulations set to hit many charities It has been reported that a large number of charities could face administrative bureaucracy from the government as they bring in new anti-money laundering regulations. The Fifth Money Laundering Directive...

Protection for flights and road after Brexit reaffirmed
Protection for flights and road after Brexit reaffirmed

Protection for flights and road after Brexit reaffirmed  On the 5 September 2019 the Government confirmed that they have measures in place to make sure flight and road haulage will continue to run smoothly after 31 October if the UK leaves the EU. There will also be...