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Covid-19 (Coronavirus) Update

Coronavirus is having a huge impact on all sectors of business. Despite this, businesses are still having to manage their books, file VAT returns, run payrolls and most importantly their credit control processes. TFMC is continuing to provide our full range of services through this difficult time. For the latest information and support visit our Blog section or use our app with regular updates sent direct to your phone.

TFMC Blogs

How to Survive a Tax Inspection


Receiving notification of HMRC's intention to inspect your tax affairs is frightening no matter how innocent you may be. This aim of this blog post is to significantly ease any concerns you may hold.

Managing Your Cash Flow


Sadly, many business owners literally pay for poor cash flow management. Seeing Bad Debts on your Profit and Loss Account is one of the worst things our clients have to see. Effectively they have given some goods or provided a service for nothing and sometimes even at a further cost

HMRC Sets its Sights on Company Tax Avoidance


HMRC this week announced its intention to tighten the rules around company tax avoidance. If suspected of 'borderline' tax avoidance, offending companies will be elevated to what HMRC terms 'special measures'.

Currency expert, Moneycorp, offers an insight into the fast moving world of foreign exchange


The “Grexit” (Greek exit) has been a near constant talking point for the Markets in the UK since the beginning of the year. The euro has strengthened over the last five months by an average of 0.7% against the other most actively-traded currencies. In recent weeks the euro has edged higher on average. Compared with pre-referendum levels, it is down by just two thirds of a cent against sterling and the US dollar.

Summer Budget 2015


George Osborne has delivered his seventh Budget, the first Conservative budget in 19 years. The Chancellor said; "This is a budget that sets out a plan for Britain for the next five years to keep moving us from a low wage, high tax, high welfare economy; to the higher wage, lower tax, lower welfare country we intend to create."