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The Finances Behind Selling Your Home: What You Need to Know

Moving house is thought to be one of the most stressful things anyone can do, not only because it takes time and effort to lug everything from A to B, but because of all the budget issues, complicated calculations and other money-related factors involved. While property buyers like We Buy Any Home can get the job done quickly and simply, it’s important to stay on top of costs, calculations and other money-related factors - so here’s everything you need to know about the finances behind selling your home. Use an Estate Agent or Sell the Property Yourself? When selling up, the first...

Why is Auto Trading Forex Ideal for Beginners?

It's not surprising that most beginners to forex trading often end up losing their capital very early on. Beginners to the world of forex trading are often lured by the prospect of fast profits from a system that deals in high leverage and low capital outlay. Almost every trader at some point in their trading career has had to face losses on their equities. This often results in the trader seeking the 'next best forex trading system', paying hundreds of dollars to various expert advisors or on other automated trading strategies in a bid to return a profit from their forex investment. For beginners to forex who are struggling to make consistent...

5 Reasons You Need Regular Royalty Audits

A lot of people have never heard of royalty audits, and in fairness most people have no reason to consider them. Nevertheless, for owners of valuable intellectual property, they are massively important across many sectors of the economy. These include, most obviously, authors and publishers, but also tech firms, fashion houses and even football clubs - particularly in the Premier League where overseas merchandising has become a huge part of most clubs’ revenues. As the UK is so prominent in the creative and high-technology industries, we have seen the development of a small number of accountants who specialise in international...

Tax Services Industry Bangs the Drum for Employee Shareholder Status

Nowadays there are numerous situations in which enlightened employers might wish to incentivise key employees with shares which enable them to benefit from the growth of the company that they work for. There are, of course, many ways in which this can be done but clearly it is important that the benefits are maximised by taking advantage of any tax breaks that are available. Specialists in tax services at leading national accountants, Baker Tilly, have recently been reminding their corporate clients of the major advantages presented by a government approved but rarely used share incentive scheme called ESS. The tax services...

Enhancements to the International Professional Practices Framework Prove Helpful to Audit Committees

Professionals working in the tax services industry, particularly internal audit, have recently been digesting a raft of changes to the International Professional Practices Framework (IPPF) which have just been published by the Global Institute of Internal Auditors (IIA). Although there have not been any alterations to the Definition, the Standards for the Professional Practice of Internal Auditing and the Code of Ethics, internal audit specialists at leading providers of accountancy and tax services, Baker Tilly, suggest that the new enhancements should result in a sharper focus on outcomes, a development that should be broadly welcomed by heads of audit and...

Will £40 Billion Pension Tax Windfall Prove Too Tempting for George Osborne?

As long as most of us can remember, UK taxpayers have always enjoyed quite generous tax relief on our pension contributions. The deal was that we could eventually take a quarter of our pension pots tax-free when we retired but paid tax on any further withdrawals. However, the tax services industry is now warning that this cosy arrangement which seems to have worked well for most pensioners is in danger of being turned totally upside down following a consultation document rushed out by the Treasury on the day of the July 2015 budget. Now, in a thought- provoking note to...

3 Reasons Why Outsourcing Your Accounting is a Good Idea

As a busy and enthusiastic entrepreneur, working hard to keep clients and customers happy, motivating your team and winning new business, when is there a good time to go over the books? If the very idea of finding hours in the week to enter data onto your accountancy software package leaves you in a state of mild hysteria, here are three strong reasons for looking at outsourced accounting. 1. Focus on Your Strengths The need for you to focus your time and energy on what you are best at is one of the strongest arguments in favour of outsourced accounting. If you examine...

3 Reasons Why Small Businesses Should Outsource Their Bookkeeping

Like almost all entrepreneurs, you wouldn’t have taken the plunge to start your own business unless you were passionate about your product or service. Unfortunately, before long, a lot of small-businesspeople become quickly demoralised by the countless extra tasks that clog up their to-do lists. Spending hours on some of these activities, like bookkeeping, is not what you envisaged when you embarked on the adventure of self-employment. Luckily, there are people out there who are as passionate about bookkeeping as you are about running your business. Why waste time muddling through tasks that trained bookkeepers would love to take on? Instead,...

Under the Microscope: How Forensic Accounting Can Help Protect Your Business

Forensic accounting may not be a widely understood activity in the business world. But when you need to find an accountant to address the minutiae of a complex financial or legal situation you need to call up a forensic accountant. Forensic accounting is very much like forensic pathology. When the police discover a body in suspicious circumstances they bring in a forensic pathologist. The pathologist will conduct a thorough investigation, knowing that everything done in the course of the investigation may need to stand up in a court of law. The Role of the Forensic Accountant The same is true of a forensic...

3 Ways London Chartered Accountants Can Help SME Owners

Sadly for those in the finance industry the impact of the 2008 financial crash can still be felt in London. With the City bankers continuing to be pariahs among the general public their reputation will take time to return to what it once was. However other professional services in the capital continue to be held in high regard across the globe, particularly London chartered accountants. Renowned for the meticulousness of their auditing and other services, London chartered accountants count the world’s biggest businesses among their clients. But they aren’t the sole preserve of the big boys. Although they may seem out of...

What Are the Best Methods of Trading Options?

With an increasing number of investors diversifying their portfolios to include stocks, bonds and mutual funds, others are looking towards different types of security, called an option. If you’re an advanced trainer, or someone with a level of experience in trading, then options trading might be for you. But what is options trading? And what are the best methods of options trading? Here we look to find out. What Are Options and Why are They Good? If you’re experienced, options provide great versatility for your trading. They allow you to be either speculative or conservative, depending on your position or confidence...

ayondo Further Enhances its Client Security

ayondo continues to enhance its security initiative, putting the security and safety of its client’s assets as a top priority in order to offer its customers maximum comfort so that they can focus on their investments. "ayondo has always devoted a lot of resources to providing a world-class service and an intuitive trading platform at the lowest possible cost, thereby optimising the customer experience. By enhancing its client security, ayondo aims to respond to the most pressing customer issues: Yes, your money is protected by an additional client money insurance of up to GBP 500,000 and No, at ayondo there is no negative balance...