This week HMRC has received a detailed list of the names, addresses and account balances of every British client with an account held in Jersey with HSBC. According to a report in the Daily Telegraph, the list identifies 4,388 British people holding £699 million in offshore current accounts, with an average amount held of £337,000. One investment manager has more Continue Reading
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ARE YOU THE OWNER-MANAGER OF A SMALL BUSINESS IN THE SEED REGION?
DO YOU ASPIRE TO SELL YOUR PRODUCTS/SERVICES OUTSIDE NORTHERN IRELAND? If so... apply for the SEED First Time Exporters Development Programme! This Programme is all about helping inexperienced/first time exporters to move from talking about exporting to actually doing it. If you have an interest in exploring business opportunities in export markets - Republic of Ireland, GB or further afield - this programme Continue Reading
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MAINTAINING POSITIVE CASHFLOW
In today’s economy, difficulties with cash flow are quite frequent as customers take longer to pay their bills and banks tighten credit facilities. As a result, many business owners find themselves in a reactive cycle when it comes to matters of cash flow. Each month, managers strive to keep their cash flow profitable while costs such as payroll, material purchases Continue Reading
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What is a car, commercial vehicle or motorhome for VAT?
For VAT purposes it's important to know the difference between cars and other vehicles. This is because in most cases, VAT-registered businesses can't reclaim the VAT when they buy a car. But they may be able to reclaim the VAT when they buy a commercial vehicle, motorcycle or motor home. HMRC have launched a guide that explains the difference between Continue Reading
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