BR Blog

We're all about communication at Barnes Roffe, especially when it comes to our clients and contacts: existing or potential. For this reason we have set up our 'Blog Spot'. To help you to get to know our team, recognise our motivations and more importantly feel confident in the strategies we promote.We post here regularly, to help give you the insight and understanding you need to take every market change in your stride.

November 22, 2016

100% Capital Allowances on Cars?

Capital Allowances and 100% deductions under the Annual Investment Allowance (AIA) have been with us for some time now and whilst you can claim AIA on most items of plant and machinery, AIA isn’t available on cars.
November 21, 2016

The Autumn Statement – an end to tightening of the purse-strings?

This week will see Philip Hammond give his first Autumn Statement to Parliament since taking over the reins at the Treasury from George Osborne, when Theresa May became Prime Minister.
November 03, 2016

The Robots are Coming!

I’ve been noticing more and more articles about how many of us are soon to be replaced by robots. A recent study by Oxford University suggests that 35% of jobs in the UK are at risk of automation in the next 20 years.
November 02, 2016

Are the wealthy taxed enough?

I was surprised to read in today’s paper that one third of the UK’s most wealthy people are under tax investigation at the present time!  A specialist unit of HMRC looks after 6,500 of these people (who have assets in excess of £20m each) and most inquiries concern the complexity of legislation, as opposed to. . .
October 27, 2016

Cycle to Work Scheme

Now that the Olympics are all over and given the fantastic success team GB had in the Velodrome I thought I would get back on my bike after a rather long hiatus. Unfortunately the long lay off had not been too kind on my bike so it got me thinking about purchasing a new one.
October 10, 2016

Micro Entity Accounts

Following on from my colleague’s blog ‘The end of FRSSE’ which stated that for accounting periods beginning on or after 1 January 2016, the latest incarnation of FRSSE (2015), will no longer be available and companies will need to choose between FRS102 and FRS105 (Micro Entities), we will look at the options available for clients. . .
October 05, 2016

Ecarnomics

A few years ago, my car mad father returned from the auctions with a very presentable Mazda MX5 @£1,500.  He swears by running an “old banger” as opposed to purchasing a new car, with previous auction purchases including a Toyota MR2, BMW, Fiat Abarth and numerous Fiat Puntos (our family car of choice).
October 05, 2016

Technological change stops for no one

As the Party Conference Season passes (again) I wonder what the future will hold for us all.  The level of uncertainty seems to be higher that before.
September 07, 2016

Holiday currency exchanges: How not to get completely stung by fluctuations

Following the Brexit result there has been much talk about the impact on foreign currency exchange rates – particularly the impact of when we go on our travels. Having recently returned from Spain, my friends and I certainly noticed the increased cost of travelling in Europe.
September 02, 2016

The end of FRSSE

After the seismic change to medium sized company’s financial statements with the move to FRS 102, the next change is the end of the road for FRSSE (Financial Reporting Standard for Smaller Entities).
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