Whether mandated by statutory, or if your company falls below the Companies Act size threshold for an audit, there are many benefits to conducting an audit of your financial statement. Although many organisations see audit as a necessary compliance evil, many entities...
Latest News
Defra to allow farm buyers to claim delinked payments
Defra has published updated guidance regarding farms that have recently been sold. New Defra guidance From 2024 Basic Payment Scheme payments will be delinked which means that new farm owners will not need to apply for BPS, instead this will be calculated based...
Landlords advised to review tax affairs ahead of new database
Renters Reform Bill As part of the new Renters Reform Bill the Government is planning to launch a new landlord database. This database has the potential to provide HMRC with large amounts of information regarding landlords which they will be able to identify landlords...
Care Home Covid Funding Ended too Soon
A recent study called ‘Bailed out and Burned out’ has examined the financial impact of the pandemic on care homes and their staff. The study found that the Covid government funding ended to early with care homes and staff struggling with the aftermath of the pandemic....
Pharmacy businesses no longer profitable
Overview A survey from the pharmacy negotiator’s annual pressures survey has found that only 7% of pharmacy owners said their business was profitable, with 44% said their business is losing money and 78% are extremely concerned about their business finances. This...
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Why have an audit?
Whether mandated by statutory, or if your company falls below the Companies Act size threshold for an audit, there are many benefits to conducting an audit of your financial statement. Although many organisations see audit as a necessary compliance evil, many entities...
Defra to allow farm buyers to claim delinked payments
Defra has published updated guidance regarding farms that have recently been sold. New Defra guidance From 2024 Basic Payment Scheme payments will be delinked which means that new farm owners will not need to apply for BPS, instead this will be calculated based...
Landlords advised to review tax affairs ahead of new database
Renters Reform Bill As part of the new Renters Reform Bill the Government is planning to launch a new landlord database. This database has the potential to provide HMRC with large amounts of information regarding landlords which they will be able to identify landlords...