Articles and Publications by Office
HMRC has announced that 2 of its new Taskforces will be assigned to North Wales in order to seek out fraudulent tax evaders. The areas under scrutiny are self-employed traders in the construction industry, and private landlords who own 3 or more properties. Individuals under suspicion could expect an in depth compliance review, which would include looking at accounting records, invoices and declarations for tax returns to ensure there has been no understatement.
Whilst honest businesses have nothing to fear, anyone caught out by the task forces can expect to be treated with very little symp... read the full story
On the day the new Salisburys web site site goes live...
Small and medium-sized enterprises (SMEs) are owed a record £33.6bn in late payments, according to new research by payment company Bacs.
Bacs said the figure - a rise of 10% over the last year - is the highest since records began in 2007.
SMEs are owed an average of £39,000, and are waiting up to two months to get paid, claims the report.
It added that half of all UK SMEs - 861,000 firms - are currently experiencing late payments.
Full storyMike Hutchinson, head of marketing at Bacs, said: "The issue of late payment ... read the full story
Recent feature Daily Post 23 Nov 2011
IF Aled Roberts could change one thing, it would be for North Wales to be better advertised as a great place to live and work. The director of St Asaph-based Salisbury & Co chartered accountants wants the world to know what’s on offer along the coast and inland, rural and urban, the landscapes and scenery, not just aesthetically but in terms of innovation, creativity and business.
“It isn’t promoted very much and if it is, there seems to be a low awareness about the area and what it has to offer,” Aled told Business Post.
“We’ve... read the full story
View our tax rates, reliefs and efficient investment report for the tax year 2011/2012.
Sample "The Personal Allowance is increased to £7,475 (increase of £1,000) and this should be borne in mind when considering the balance of salary/dividends for directors of owner managed business, as salaries are deductible in the Corporation Tax Return....."
PDF: Efficient investment report 2011 read the full story
VISIT to your accountant is usually all about numbers, but at Salisbury and Company in St Asaph this week the numbers have been very musical!
As long time supporters and sponsors of the North Wales International Music Festival, the chartered accountants practice was the unusual venue for this double bass and guitar duo.
Called Ginge and Celloi Bo, they are part of the Live Music Now programme which gives young professional musicians performing experience, and provides performances in places like schools, hospitals - and now an accountancy firm.
Their audience also included children fr... read the full story
HMRC's LATEST ENQUIRY INITIATIVE – “DASH FOR CASH”
Our Investigation Consultants deal with hundreds of HMRC enquiries at any given time and as a result speak with Inspectors across the whole of the UK on a day to day basis. In the last couple of weeks, we have identified a new initiative within HMRC which appears to be known as the ‘Dash for Cash’.
The Inspectors we have spoken to have told us they are being tasked to bring in as much money as possible, as quickly as possible, which is not really surprising given the current economic environment. We understand there will be p... read the full story
Osborne unveils 'tough' Budget but declares Britain 'open for business'
Billed as a 'tough but fair' Budget, Chancellor George Osbourne has announced his plans to tackle the UK's record deficit while sustaining the economy.....
Read the full report by downloading the Report as a PDF - Click here to download. read the full story
Press Release - Thursday 24th June 2010
SALISBURY and Company accountant Kelly Evans is well on her way to becoming one of the youngest chartered accountants in North Wales following several exam successes.
Kelly, who turned 23 last week, has passed the 12 professional stage exams of the ACA, the internationally-recognised qualification of the Institute of Chartered Accountants in England and Wales (ICAEW).
She’s expected to complete the two exams and case study of the advanced stage by the end of the year, and will become one of the region’s youngest chartered accountants if she ... read the full story