While Bench did not have a presence in the UK, its collapse and subsequent resurrection have sent shockwaves across the ...

Self assessment season can be one of the most stressful times of the year for accountants, bookkeepers and their teams. With ...

The world-renowned City of Birmingham Symphony Orchestra has told how a move to iplicit’s cloud accounting software exceeded ...

One of our clients is a dental practice - they've approached us with the view of registering for VAT in order to reclaim input tax on taxable and residual ...

I hope everyone had a well-deserved break and is getting back into the swing of things. January is a busy month so this is just a check-in to see how everything is going for you. Are you feeling ...

Hello, I have been using VT Accounts Suite for more than 20 years and am very happy with it, but I recently moved from Windows to Mac and can see no way to get the Final Accounts ...

A recent first-tier tribunal case examining the income tax and National Insurance contributions implications of payments under two salary sacrifice schemes underscores the need for employers to be ...

One of my clients with  two 50% shareholders / directors has a situation where Director A has an overdrawn DLA and Director B is in credit. They wish ...

The Financial Reporting Council (FRC) has expressed a desire for the whole audit market to “work more effectively for those who rely on it” as part ...

X is a freelance journalist who received an hardship grant from his professional body.  He has other taxable income, which when added to the ...

When running a project or a contract, should material and sub-contract costs be recorded on the p&l or on the balance sheet as WIP.

Hello. Have tried to find answer to this but been unsuccessful so hoping to get some clarity on here.