Monday, June 14th, 2010
There may be some bumps in the road to economic recovery ahead as has been indicated by the disappointing growth in services showing a slowdown during May in both new business and employment. Analysts had expected a strong reading...
Thursday, May 13th, 2010
Whichever government emerged recently, I have long been convinced that VAT will rise. Now the BBC has revealed that a survey of influential economists agrees. 24 out of the 28 independent economists used by HM Treasury to assist its forecasts expected...
Thursday, April 8th, 2010
Q. When can you claim back tax your business didn't pay? A. If your business uses Royal Mail under a negotiated contract! According to leading Accountants Smith & Williamson organisations may potentially be able to reclaim thousands of pounds from...
Royal Mail forced to charge VAT on business client contracts
Wednesday, November 25th, 2009
As a result of a challenge by a competitor to Royal Mail - TNT Post - in the European Court of Justice, Royal Mail will now have to charge VAT on the majority of business it tenders for. The...
Inflation rises for first time in 8 months!
Tuesday, November 17th, 2009
The Consumer Price Index (CPI) published today shows inflation at 1.5pc. The increase seems mainly due to the steep fall in oil prices last year. Economists had forecast circa 1.4pc. so no great surprises here. Moreover, the broader measure of inflation - the Retail...