TFMC Blogs

Do you struggle to balance your books each month? Not sure what you should be doing? Maybe you have a mountain of invoices and receipts taking over your desk. Click here to read 10 useful bookkeeping tips.

Many businesses unnecessarily pay additional tax each year. This is because legitimate tax deductions go unclaimed. This situation is particularly rife amongst small business owners who choose to manage their affairs without seeking the advice of a professional tax advisor.

The Government announced the 'Marriage Allowance' recently to help married couples and those living in a civil partnership. This provides an opportunity to save up to £213 per annum.

HMRC has announced this month that businesses with fewer than 50 employees will no longer be subject to automatic fines if they are late filing their PAYE submissions. A three day grace period will be afforded for such businesses falling within the requirements.

Ever wondered how much it is costing the British taxpayer when senior HMRC officials travel around the World on business? Just where do they go? Who exactly gets to go away and where do they go to? How do they get to these destinations?

A massive 20% of FTSE 100 firms report in dollars and so do 12% of FTSE 350 firms, including Shell, BP and HSBC. Since the dollar has increased in value relative to the pound over the last year, when investors earn dividends from their shares in dollars they'll be receiving more cash when they come to exchange their pay-outs into sterling.

Labour has announced their intention to more than double the amount of leave and pay fathers' will be entitled to upon the birth of their child should they win the upcoming General Election this May.

From 6 April 2015 the Government is changing the rules around so-called ‘pension freedoms’. This means over 55s will be able to access their entire pension savings before they retire. This is said to affect around 13 million pension savers in the UK.

Have a look at this infographic which explores some of the factors small business owners take into account when choosing an accountant.

Last week George Osborne delivered the Government's pre-election budget. We have summarised the key highlights contained in the budget...