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News & Blogs

Keeping you up to date with the latest news and happenings in the worlds of accounting, tax and insolvency

Claiming Tax Relief for employee expenses

Don’t pay for expenses that your employer should be paying for – here’s how and when to claim a tax deduction. Tax Relief for employee expenses As an employee, you may spend your own money on things that are related to your job. Where this is the ...

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HMV… and so it begins. How to protect yourself.

HMV... and so it begins. How to protect yourself. We had barely finished the Christmas turkey when the news broke that HMV had been placed into Administration, with 2200 jobs at risk. The Administrator has confirmed that gift cards will continue to be honoured. The backlash re...

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Debt…It’s Good To Talk…

A survey by the Money Advice Service has found that “UK adults are hiding more than £96 billion of debt from friends and family, with the average amount of hidden debt in the UK standing at £4,164 per person”. This can put an incredible strain on relationships and cause individuals a huge a...

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Crypto-assets not ‘material risk’ to financial stability

FSB has published a report which includes an assessment of the primary risks present in crypto-assets and their markets, such as low liquidity, the use of leverage, market risks from volatility, and operational risks. The body, which coordinates at the international level the work of national fin...

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Account names to be used to prevent fraud on bank transfers

At present account names are not checked when sending electronic payments. The new service, ‘confirmation of payee’ will aim to prevent fraudulent or misdirected payments by introducing a new aspect to payments under which the name on the account is checked when sending a payment. From next y...

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