Blayney Accountancy

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5 tips to succeed in your first year as a small business owner

Taxes are high by historical standards accounting for over a third of GDP at 34.4%, increasing almost 7% from the 1950s. @Accountancy Daily has the full story.  

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#HMRC is looking at £612m in questionable research and development tax relief underpayments claims by large UK businesses. Showing that businesses need to be careful when claiming R&D tax reliefs to avoid potentially expensive and unnecessary tax disputes.

According to the Institute for Fiscal Studies (IFS) incentives such as entrepreneur’s relief are encouraging business owners to shift around their income to minimise tax payments.

#HMRC has revised its assessment on the cost to business in the case of a no-deal #Brexit. Estimated to cost £15bn a year for ongoing administrative costs for UK-EU trade and up to £56 per declaration.

Choosing a new accountant for your business is a big decision and one that shouldn't be made lightly.

When you engage an accountant you want them to become an extended part of your business and someone who will take your journey with you.

At Blayney Accountancy we offer a free initial meeting f...