Claire Johnson

If cakes 🍰 , pastries 🥐, red meat 🥩, poultry 🐓 and fish 🎣 were subject to #VAT in the UK the Treasury could raise an extra £4bn in tax every year. This is my quick and dirty estimate based on last year’s combined sales of all those items (approximately £20bn) £4bn that could be spent to reform Child Benefit by introducing a much fairer and higher household income threshold (which would cost £1.4bn) and remove the 2 child benefit cap (which has an estimated cost of £2.5bn) Considering that the UK has probably the biggest and most controversial ‘pool’ of zero rated items in the world, particularly with regards to food, and that charging VAT on cakes and meat would leave more essential items such as bread 🍞 and milk 🥛 unaffected I believe it is something worth exploring Oh, and it would make the never ending Jaffa Cake debate totally irrelevant 😃 Thoughts?

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Leverage our trainee recruitment platform, ICAEW Training Vacancies, and start connecting with tomorrow's ICAEW Chartered Accountants, today. Explore how the platform can support you to engage with diverse talent and grow future finance leaders through learning, in our Learning at Work Week blog. #icaewATE #powertogrow #powertoconnect #powertoengage #LAWweek

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Accountants & bookkeepers! 📣 Summer’s arrived, and if the sun’s playing hide and seek, it’s the perfect time to dive into some CPD-accredited learning tasks ☀️ Here are a few to get you started 👇

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2 weeks to go until the free Accountex Webinars! 👇 10am - Quadient Accounts Payable Automation by Beanworks: 'How to Reduce Risk in Accounts Payable' 💡 Explore different types of fraud and what vulnerabilities accounts payable currently face. 12pm - GoProposal: 'Onboard Smarter, Grow Faster: The roadmap for the perfect client engagement' 💡 Discover how to empower your team to onboard clients and how to implement software to streamline processes. 2pm - AccountsIQ: 'Transform your financial reporting: how to extract maximum value from your data to enable long-term growth' 💡 Learn how to achieve powerful project reporting across operations, using real-time data dashboards. Book your free place: https://lnkd.in/g4A-6i5 #Accountex #Finance #Accounting #AccountsPayable

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Today’s TaxAssist Glossary term is ... Equity. 🌟 For more insights to tax and accounting definitions head to our TaxAssist Glossary - https://lnkd.in/eV5cWFrU

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🚨🚨News Flash 🚨🚨 So excited to feature in Sage's new AI and accounting policy report Going for Growth with ACCA and Demos. It reveals the huge growth opportunity this technology presents for both bookkeepers and accountants and the wider UK economy. The report found: ✅ High levels of AI adoption in every UK practice could add £2bn to GDP and create an additional 19,000 jobs. ✅ AI adoption is on the rise. 26% of practices have implemented AI today, expected to increase to 52% in five years. ✅ Accountants and bookkeepers are technology optimists. 61% believe AI will create more opportunities than risks. ✅ Unless tackled, an AI skills deficit will restrict the adoption of AI. Only 16% feel well prepared to meet the AI skills demand. We look forward to staying part of the debate to ensure we can unleash the potential of AI across the accounting industry. 👉👉 Head to the Sage website to find out more Bee Motion | Cerana Official

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It happens… mismatched PAYE totals, FPS/EPS errors, incorrect HMRC payments, or employee payment mistakes, you're not alone. 😥 But with Sage Payroll, you can reduce errors and quickly correct any issues as they arise. ✅ Automate calculations and ensure timely, accurate payments and say goodbye to payroll headaches and hello to a more efficient workflow! 👏 Whether you’re just exploring options or ready to get started our Sage experts at GMT Systems are waiting to advise – there’s no obligation, contact us here: https://bit.ly/3uge1BS #sage200 #sage #erp #developer #sagedeveloper #gopaperless #paperless #online #tech #data #iot #business #it #manufacturing #retail #sales #service #accounting #finance #technology #software #cloud

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Apron x Accounting Futures Roadshow 6 cities in October We’re on the road this October as part of the Accounting Futures Roadshow. Find us six cities across the UK. Discover: 💸 End-to-end accounts payable – Local and global supplier and payroll payments from a single platform. Simpler workflows, greater security, happier clients. 📷  The future of invoice capture – See why hundreds of accountants already trust Apron Capture to help their clients upload and extract documents on the go via WhatsApp. 😍 Free Apron Capture account – Signed an expensive agreement with your current OCR provider? No sweat. We’ll give you a free Capture account until your agreement with them runs out. Bonus: We don’t do contracts. Cancel with us anytime. See you there 👋 #AccountingFutures

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Are you ready to take the first step towards a more streamlined and productive 2025? ⏳ As we approach the end of the year, many businesses are entering a quieter period, with the holiday break fast approaching. It’s a great time to pause and refocus on how you’re running your business. (for others, it's completely hectic - we get it, but January is good too!) If you are feeling overwhelmed by day-to-day operations or struggling with key tasks like managing your finances, you're not alone. It might sound counterintuitive, but stepping back now could be the perfect opportunity to assess how you’re spending your time — and whether outsourcing some responsibilities could free you up to focus on what truly matters. At Grenfell James, we’re a team of expert accountants who are passionate about helping businesses grow through smarter, more efficient financial management. Let us help you take that first step towards a more streamlined and productive year for your business. Ready to hit refresh? Let’s talk. In the meantime, we'll pop a handy article in the comments about outsourcing to the pros for a spot of light lunchtime reading: https://bit.ly/3BBZLa1 #TakeTheFirstStep #BusinessEfficiency #StrategicAccounting #RefocusFor2025 #OutsourceAccounting #BusinessGrowth #AccountingExperts #GrenfellJames #FinancialStrategy

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What is an accountant? 🤔 The role has stretched significantly recently, and staying ahead of the game now means you have to close an emerging finance skills gap. Check out this article from Accountancy Age to discover three ways you can meet your talent needs, as well as hear from our Finance Director Philip Edwards 👇 https://ow.ly/ncHI50RMWzv #Finance #Skills #Talent

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Let’s get to know Simon Read, PM+M’s new audit, accounting + advisory director a little better – this or that edition… We caught up with him to ask some quick this or that questions 🙌 Find out Simon’s choices 👇

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