 |
Stroud business leaders will get the chance to grill local politicians on a number of contentious issues at the Five Valleys Business Lunch on Tuesday, February 16th |
|
We recently marked our 130th anniversary here at Randall & Payne. Founded in Stroud in 1879 |
|
From 1 April 2010 you may have to submit your VAT Returns online and pay any VAT due electronically |
|
A significant amount of ‘paperwork’ can now be filed on-line, giving clients the comfort of knowing that returns are submitted and receipted within statutory timescales. |
|
Don't shelve those party plans just yet – there is a tax break available to reduce or even write off the cost of a staff Christmas party. |
|
Changes to the law which will enable directors to remove their residential addresses from public records and allow them to provide a service address to Companies House. |
|
How to cope when your customers change their payment terms |
|
It might seem crazy to start a business in a recession but fortune favours the brave so don’t throw away those business plans just yet |
|
Alastair Downing's soundbite said it all, the UK is officially entering its "worst recession since World War 2". With months of doom and gloom between the pre-budget report and the Chancellors speech, few businesses were expecting miracles from this years budget, but there were a few encouraging proposals on the day. |
|
In an effort to revive the beleagured construction industry the Chancellor pledged nearly £1billion to help home owners and to meet future housing supply. |
|
Randall & Payne have launched a new business survey to answer this and other important questions with the aim of creating a snap-shot of business attitudes across Gloucestershire. |
|
Randall & Payne have announced thier sponsorship of the Gloucestershire Media Business Awards. The firm will present the Start-Up Business Of The Year award at this prestigious event on October 8th. |
|
Find out about our new Business Development Manager, John Barker.
|
|
Randall & Payne are defying the recession by launching a new company, RP Financial Planning. In a joint venture with The County Partnership, a Cheltenham-based firm of financial planners, Randall & Payne will now offer a range of financial planning services to new and existing clients. |
|
Randall & Payne have a long association with Gloucester Rugby Club and this season we’re delighted to be sponsoring new-arrival Carlos Spencer. |
|
Earlier this month, chocolate retailer Thorntons reported a 39% fall in half-year profits after it was forced to cut prices in response to tough conditions on the high street. In the current climate, many businesses like Thorntons will be looking at ways to stay competitive and profitable during the recession. In this article, Will Abbott, a partner of Gloucestershire accountants Randall & Payne, examines the pitfalls of price discounting and looks at alternative survival tactics. |
|
Chartered accountants aren’t usually associated with high octane thrills but Randall & Payne has broken the mould by announcing its third year of sponsorship for the Zapcat Racing Championships. Zapcat racing is a powerboat sport which is growing in popularity across the UK. |
|
HMRC have issued further guidance to businesses on the reduction in the standard rate of VAT from 1 December 2008. The guidance clarifies certain issues regarding the ‘tax point’ rules for the date of supply. |
|
Travellers can now bring back more than double the amount of gifts and souvenirs from outside the EU without paying UK duty. The changes are as a result of a proposal that Gordon Brown made to the European Commission in 2004. The government has announced an increase to the allowance for what are known as 'other goods', which includes souvenirs, clothing, electrical goods and perfume. |
|
Acas, the Advisory, Conciliation and Arbitration Service, have reported a sharp increase in the number of businesses and employees seeking advice on redundancy, lay-offs and business transfers. |
|
To reflect the reduction in fuel prices, HMRC have issued new advisory fuel rates for employees driving employer provided cars. These take effect for all journeys undertaken from 1 January 2009, so employers using the advisory rates should advise affected employees and update any expense forms as soon as possible. |
|
HMRC have issued some draft legislation and guidance on how the tax relief on business cars, known as capital allowances, will be calculated from April 2009. |
|
The Business Payment Support Service, announced in the Pre-Budget Report 2008, is designed to meet the needs of businesses affected by the current economic conditions. Any business that is worried about being able to meet tax, National Insurance or other payments owed to HMRC, or anticipates that payments becoming due will cause them problems, can get in touch with HMRC to discuss payment options to help them deal with temporary cash flow difficulties on 0845 302 1435. |
|
Gloucestershire accountants Randall & Payne have their sights firmly set on helping good causes.
The firm has found a range of ways to give something back to the community it works in as part of its broader approach to corporate responsibility – the philosophy of a business behaving ethically and improving the quality of life within and around it.
|
|
Between Nick Clegg demanding an overhaul of the Small Firms Loan Guarantee Scheme and the Federation of Small Businesses calling for a new £1bn fund for small firms, it’s all eyes on the Government. |
|
Between Nick Clegg demanding an overhaul of the Small Firms Loan Guarantee Scheme and the Federation of Small Businesses calling for a new £1bn fund for small firms, it’s all eyes on the Government. |
|
Gloucestershire accountants Randall & Payne are bucking the downward trend in the economy by welcoming new faces to their team and helping existing staff members to take a further step up the accountancy career ladder.
|
|
Chancellor of the Exchequer Alistair Darling has delivered a much-anticipated Pre-Budget Report against a backdrop of economic slowdown and turbulence in the global economy, which has steadily deteriorated since the 2008 Budget on 14 March. |
|
The DWP announced last week that the Government is proposing an amendment to the Pensions Bill which will allow some people to make up to six additional years of voluntary (Class 3) NI contributions in addition to those permitted under existing time limits. |
|
The Ministry of Justice has announced an increase in the amount of the statutory legacy on intestacy. The statutory legacy is the amount which an individual is entitled to receive from the estate of their husband, wife or civil partner where the individual has not made a Will. |
|
HMRC have updated their guidance on buying goods on the internet explaining when duty and / or VAT will need to be paid. |
|
Following changes made to the Sex Discrimination Act and to the Maternity and Parental Leave Regulations, the law on contractual terms of employment during Additional Maternity Leave (AML) changed in respect of women whose babies were due on or after 5 October 2008. The date the baby is due, as shown on the MATB1 certificate (provided by the midwife or doctor at around 20 weeks into the pregnancy) is the relevant date and not the date the baby is actually born. |
|
HMRC have updated their model Gift Aid declaration form for charities and community amateur sports clubs to reflect the reduction in the basic rate of tax from 22% to 20% from the beginning of this tax year. |
|
The system of capital gains tax (CGT) for individuals and trustees changed radically from 6 April 2008. The changes included the abolition of taper relief and indexation allowance and the introduction of a single rate of CGT of 18%. |
|
Gloucestershire accountants
Randall & Payne have highlighted new registration requirements
for firms providing accountancy services to help prevent criminals
enjoying the proceeds of illegal activity. |
|
For many employed individuals who are checking their payslip this month it should include a welcome bonus of a £60 reduction in their income tax deduction. |
|
A CBI forecast has predicted a ‘shallow recession’ during the final part of 2008 and that growth in the economy in 2009 will be the lowest since 1992. |
|
In a move to help the property market and first time buyers, Alistair Darling has introduced a Stamp Duty Land Tax (SDLT) exemption or holiday for purchases of residential property from 3 September 2008 to 2 September 2009 (inclusive). |
|
HMRC are warning taxpayers that they are aware of a high number of emails being sent out offering a tax rebate. |
|
From 27 October 2008, in a change to the benefits system, Employment and Support Allowance (ESA) will replace the current state benefits (Incapacity Benefit and Income Support) which are paid to individuals on incapacity grounds. |
|
National Minimum Wage (NMW) rates are set to rise from 1 October 2008. |
|
The anticipation sweeping the nation as GCSE and ‘A’ Level
students await their exam results has been echoed at Gloucestershire
based Chartered Accountants Randall and Payne.
|
|
It now looks like we
have managed to talk our self into a recession, so maybe we can
talk ourselves out of it. |
|
The government has announced
a package of measures to help boost a struggling property market,
including raising the stamp duty land tax threshold by £50,000.
Brought in for a twelve month period from 3rd September 2008 to
3rd September 2009, a home must now sell for £175,000 before stamp
duty is paid. |
|
Gloucestershire based accountants
and business advisers Randall & Payne are highlighting government
proposals to tackle discrimination, including moves to close the
pay gap between men and women, which have potential implications
for local firms. |
|
Charities are entitled to claim a tax repayment in respect of gift aid donations made by individuals. |
|
HMRC have announced that some changes to penalties and calculation of arrears of National Minimum Wage (NMW) payments have been delayed to April 2009. |
|
HMRC have published a leaflet on the new HMRC penalties warning tax payers to make sure that their records are sufficient to comply with the new penalty regime. |
|
HMRC are reminding taxpayers who wish to complete paper self assessment tax returns that the new 31 October 2008 deadline is ‘only weeks away’ |
|
HMRC have issued revised guidance on Charity Challenge Events, including those that qualify for the VAT Charity Fundraising Exemption. |
|
HMRC have now issued further guidance on the increase in the personal tax allowance which is due to take effect from 7 September 2008. |
|
HMRC have issued revised guidance on the system of penalties which they will be able to apply to taxpayers. |
|
Businesses have long been allowed to correct net errors not exceeding £2,000 in their VAT returns. |
|
HMRC has been busy aligning its own rights and powers following the merger, several years ago, between the two old organisations of the Inland Revenue and HM Customs. |
|
Gloucestershire
based accountants Randall and Payne have recently encouraged
enterprise in local sixth form students by sponsoring an award
at St Peter’s High School. Teachers put students forward for
the award, based on demonstrations of enterprise, such as charity
fundraising, and wider achievement. |
|
Gloucestershire
based accountants Randall and Payne have recently acted as judges
in a ‘Dragon’s Den’ style enterprise competition organised by
the University of Gloucestershire, awarding top prize to a cupcake
boutique. |
|
Gloucestershire
based accountants Randall and Payne have boosted their tax investigation
and compliance skills recently through the appointment of an
ex-HMRC Inspector. John Gaze joined the firm at the beginning
of June as a Tax Manager. |
|
Two
of the major independent accountancy practices in Stroud and
the Gloucestershire area have merged recently, with effect from
1st May 2008. Randall and Payne and Dudbridges have both been
practising for over 100 years and historically have been the
largest accountancy firms in the Stroud area. |
|
Gloucestershire
based accountants Randall and Payne are helping to encourage
entrepreneurial thinking regionally and nationally, by collaborating
with the University of Gloucestershire on a new initiative. Randall
and Payne are on the judging panel, and are also sponsoring the
BUG awards – the University’s new business planning competition. |
|
Stroud-based
accountants and business advisers Randall & Payne is building
new relationships with local schools to celebrate pupils’ enterprise
and achievement. |
|
An
accountant at Stroud-based accountants Randall & Payne has
passed a significant milestone in her career. |
|
A
team from Gloucestershire accountancy firm Randall & Payne
plan to put in an “oarsome” performance when they take to the
water to help raise funds for children with cancer. |
|
Omega Resource Group plc is celebrating their tenth anniversary
this year. The recruitment firm, who now boast 8 UK offices and
3 offices overseas, established in 1998 in Gloucestershire. |
|
|
Gloucestershire based accountants Randall and Payne are proud
to announce that employee Matt Link has recently passed his Microsoft
Certified Technology Specialist exams. Matt is now a certified
qualified IT programmer competent at using .NET framework version
2.0. |
|
|
Gloucestershire based chartered accountants Randall and Payne
is congratulating three of their clients on award wins in the last
twelve months. The firm, with offices in Stroud and Stonehouse,
have been providing accountancy services to each of the local firms
for a number of years |
|
|
Stroud-based accountancy practice Randall and Payne have significantly
increased their client base by acquiring a new business. Sole-practitioner
Geoff Slingsby, owner of A G Slingsby and Co, is retiring after
practising locally for over thirty years. |
|
|
Gloucestershire-based accountancy firm Randall and Payne demonstrated
their ongoing commitment to continual professional development
recently, when the practice received approval as an AAT accredited
employer. |
