Richard Walker

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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Are you considering a Creditors Voluntary Liquidation (CVL) for your business? #accountants #accounting #bookkeeper #accountantsuk #cpd #financeprofessional #insolvency #businessadvice #mvl #cvl #cva #insolvencypractitioner #smallbusiness #somerset

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Today’s spotlight term from our TaxAssist Accountants Glossary is ‘Directors’ Loan Account’ 📚 https://lnkd.in/emr4iPnX

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The Government recently announced a 50% increase in the UK small and medium-sized enterprises company thresholds for turnover and gross assets, which consequently affects audit requirements. Read more here... https://sowo.kr/WjBCKmGW #Audit #AuditThreshold #SMEs #BusinessSupport #UKGOV

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Question for the R&D tax relief community. Last week at Accountex, I was explaining how our tax calculator can help with the various R&D tax relief rates and the merger scheme when someone said, "I think the government's long-term goal is to get rid of the R&D scheme." I paused... Naturally, I asked what made them feel that way, pointing out that it couldn't just disappear overnight? They replied, "they will gradually reduce it until it goes to zero." What do you think? Surely the UK government won't remove the incentive that so many other countries offer, especially in the EU? #researchanddevelopmenttaxrelief #randd #innovation #randdtaxrelief

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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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Join the link below to understand how the Budget may affect you!

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🔎 Exploring Key Trends in HMRC’s 2022-23 R&D Tax Relief Statistics   HMRC’s latest release on R&D tax relief trends for 2022-23 provides a great snapshot into the changes in claims, expenditures, and sector dominance. Despite an overall decline in the number of claims, total tax relief grew slightly, reflecting increased average claim sizes.    In our post today, we’ve highlighted some of the key statistics from the governments article and what they mean for companies looking to leverage R&D tax relief effectively.   Want to find out more about the R&D services we provide for innovative business across the UK & Ireland?    Contact us via the details below;    📞 0333 455 9010 💻  www.cbtax.com 📧  [email protected]   Source: https://lnkd.in/eJ8yHaP4   #researchanddevelopment #taxcredits #taxrelief #taxconsultancy #taxadvisory #taxandaccounting #researchanddevelopmenttax

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After months of anticipation, the Government has finally issued a detailed VAT technical note and draft legislation, regarding the proposed changes to the VAT status of private schools. This significant update initiates a seven-week consultation period, allowing stakeholders to provide their comments and insights. Read more here... https://sowo.kr/x0hCHFIM #VAT #PrivateSchools #UKGovernment #Updates

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Confused by correspondence with your #accountingandaccountants? We've got a jargon buster on our website to help you get to grips with accountancy terms: https://lnkd.in/eRixXfi #accountingandaccountants

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Confused by correspondence with your #accountingandaccountants? We've got a jargon buster on our website to help you get to grips with accountancy terms: https://lnkd.in/eRixXfi #accountingandaccountants

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Check out the latest blog on Edwards Chartered Accountants website about the benefits of working with one of our specialist tax advisers #taxadvice #tax #taxplanning

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