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.
March 15, 2016
The concerns of property owners
Having exchanged long enough ago on my property for the elation of buying my first home to have passed and be replaced with the impending dread of having financially committed myself to what will likely be the single biggest purchase of my life, I have (somewhat understandably I think) begun to take a keen interest. . .
March 10, 2016
Trumped by the Taxman
A recent Tax Tribunal case involved what I’d consider to be a long-odds gamble by the English Bridge Union (“EBU”). There’s little doubt that the card game Bridge is one of skill but the EBU were trying to argue that it was a sport.
March 01, 2016
Fuel Scale charges – why so many people get it wrong
What are fuel scale charges? If a VAT registered business purchases road fuel for business use, but there is also a private use element, an adjustment is required to account for VAT claimed on the private usage of the fuel.
February 16, 2016
Dispensing with dispensations….
So the current tax year ends on 5 April 2016 – weeks away you might think. However it is always advisable to look at “pre-year-end tax planning” a few weeks before 5 April each year in case any action needs to be taken. One area where action may need to be taken concerns P11D dispensations.
February 08, 2016
Knowledge, Intelligence and Personality
Our current phase of graduate recruitment is in full swing. As a firm we have always looked to recruit consistent numbers of graduate trainees in the hope that they will come through their professional exams successfully and prosper in our organisation.
February 03, 2016
How “small” is your company?
Following a post I wrote back in April 2015, time seems to have flown by and as 2016 is now well under way, we are now looking at a new landscape of company size and audit thresholds as well as a major change to our accounting standards.
December 17, 2015
VW Company Car Drivers and Company Car Tax
Following the emissions scandal that erupted a few months ago HMRC have confirmed that benefits in kind that have already be calculated and declared by employers will not be restated if C02 emissions change on VW vehicles.
December 02, 2015
Management accounts – are they providing your business with useful management information?
Management accounts prepared for a business on a monthly or quarterly basis should be presented in a form useful to management to provide information about the business. If not providing additional management information, on their own, they do not serve any useful purpose. The management figures should be compared to a range of figures.
November 05, 2015
Last week I emailed someone I had not emailed before. I pressed “reply to all” in an email from a third party in which they were included. Surprisingly I received an automated email back from the new person asking me to register for their “approved senders” list to allow the email through.
October 29, 2015
Racing against the trend
This time last week I was recovering from yet another weekend of OCR (Obstacle Course Racing). OCR involves participants being required to climb walls, wade through lakes, jump through fires (among other obstacles), in addition to running distances ranging from 5km to 42km.
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