“Every business should have targets.” Says Kath Farr of KA Farr Chartered Accountants in Churchtown. So when her own staff achieved their target for the year she set them another one: a high team score at Ten-Pin Bowling! So the entire staff recently decamped from their Botanic Road offices to the Ocean Plaza Bowling Alley. The winning team on the day received a rather fine trophy and then the group retired to a local hostelry for celebratory drinks before enjoying fine dining on the Promenade. “A happy staff is a productive staff” said Kath “And all successful businesses have a […]
As you know from our updates on Making Tax Digital (MTD), soon it will be increasingly difficult to get by with paper based accounting methods. HMRC has made it very clear that they’ll be expecting digital submissions, starting with VAT, so it’s important that all businesses be ready. What’s Coming for Businesses VAT is the first area where HMRC intends to make digital submissions the norm, coming up in April 2019. We’ve seen many times in the past that businesses leave such necessary changes to the last minute, which often has unfortunate consequences for the firm in question. Don’t let […]
Kath Farr’s accountants in Churchtown opened their doors for a MacMillan World’s Biggest Coffee Morning recently and they raised over £300 for the charity. Accounts Assistant Karen Walsh said ‘It’s a good cause as we’ve all been affected by cancer in some way with families and friends.’ Marketing Assistant Elizabeth Corcoran said ‘ Preparing for the event was good fun in the office as everyone got involved.’ She went onto thank Kath for opening the Board Room and supplying the coffee and tea. Kath Farr thanked clients who supported the event and local visitors who popped in during the Open […]
The Government’s plans for making tax digital (MTD) have slowed down due to recent political events, including the General Election but the end goal remains the same. In the not too distant future, all tax matters will be reported online and all businesses will be expected to manage their accounting and tax records using some sort of software. We thought we’d bring you this quick update so you can start getting ready for the changes ahead of time. What Will Change? The biggest change for most businesses will be having to use an online portal for all tax-related affairs. HMRC will […]
During The Open here in Southport many locals decided to rent out part of their homes to take advantage of the influx of tourists. With that in mind, we thought we’d bring you an article on the rent-a-room scheme currently in place with HMRC, as this covers the legalities that come with renting out a room for such an event, or in general.
The Government’s long-awaited Tax-Free Childcare scheme – intended to eventually replace Childcare Vouchers – is now in operation, so we thought we’d bring you some information on how it works.
Accounts Clerk Debbie was off last weekend on a fundraising adventure again!
Many of our clients here at K.A. Farr & Co. rely on us to ensure that their tax affairs are always in order so they don’t have to worry about anything going wrong. We’re proud to provide an excellent service in this area, and part of that involves our Tax Enquiry Insurance service.