Blog

As many of you are probably aware, George Osborne's 2014 Budget is planned for 19th March. Our annual Breakfast Budget Review Seminar is scheduled for Friday 21 March at the Lough Neagh Discovery Centre, Oxford Island Lurgan. We'll summarise all of the important content, that is likely to impact on local SMEs, all are welcome, simply email vanessa@mcclearyaccountants.com to book your place . AGENDA Continue Reading

Many victims of miss-sold Payment Protection Insurance are unaware that they need to declare any interest they received as part of their settlement on their tax return. HMRC have commented: "The interest may or may not have had tax already deducted depending on the type of company making the payment of the interest. "If banks and building societies are paying Continue Reading

There has been significant press coverage recently suggesting that companies are hoarding cash. It would seem that this is one of the contributory factors affecting low levels of business investment. Directors are loath to part with their hard won cash reserves. For private company shareholders and shareholders with a significant stake in Plcs this may have a detrimental effect on Continue Reading

The Law Society is concerned that if the present changes to LLP taxation are enshrined in the forthcoming Finance Act 2014, decisions will have to be made for tax, rather than commercial reasons. For example members may be required to introduce capital purely to comply with changes in tax law. There are also fears that the tax changes will make Continue Reading