For over 30 years Richard Edwards Group LLP has been providing excellent advice and a first class service to our clients. We have a large portfolio of clients and service businesses across many sectors. Book one of our FREE INITIAL MEETINGS to start benefiting from our expertise today.

Demon Bowlers and Triumphant Quizzers

 

 

What a week for the team at Richard Edwards Group.

Last Wednesday, Andy Green, Dan Drysdale and Michael Bridge represented the practice at the annual Handelsbanken Charity Bowl 2019 and defeated all 36 teams competing to win the team competition.

Click here for a review of the event from the organisers

Saturday also saw a celebratory evening when the quiz team won the friends of St Andrews Church annual quiz. Some serious quiz teams were defeated by the vast array of knowledge on display from Dan, Wendy, Pam, Ian, Mandy and Mick and vital funds were raised to support the landmark church. 

Did you know there is a statue of Kate Moss as a "Modern day Aphrodite" at the British Museum?....Fact for the day smileyface

 

Making Tax Digital

MTD Logo

April 2019 sees the start of HMRC's Making Tax Digital initiative for VAT (MTDfV) for most businesses. The new rules will impact VAT registered businesses with taxable turnover above the £85,000 registration threshold, taking effect for VAT return periods starting on or after 1 April 2019.

There have been several recent developments, including the publication of a new VAT Notice covering MTDfV requirements, and the announcement of deferrals for some 'more complex' businesses. Please see attached a pdf copy of our recent newsletter to help guide you through the jargon and answer many of your questions in a concise manner.

Making Tax Digital will affect how we currently service your bookkeeping, and we'd like to talk through your options for how we can get you ready ahead of April 2019.

If you are currently using Excel or manual records to record your financial activity and VAT liability you will need to find a suitable, MTD compliant, alternative and we recommend Sage accounting cloud software to manage your accounts and keep digital records of transactions.

Sage Business Cloud Accounting is simple yet powerful cloud accounting that's packed with innovative features to help your business succeed:
• Perfect for small businesses
• Ready for Making Tax Digital
• All you need to manage finances and cash flow
• Secure in the cloud
• Easy-to-use mobile app for receipts, expenses and invoices
• Range of apps to help you get paid faster, reduce admin and be more productive

 

pdfdownload

Less is more – MTD regulations relaxed
20/05/2019 - More...
Starting from April 2019, most VAT-registered businesses that have a taxable turnover over £85,000 are required to keep their VAT records digitally and use Making Tax Digital

Claim for money owed to you
20/05/2019 - More...
If you are owed money by an individual or business, there is a procedure you can use called making a court claim. This was more commonly referred to as taking someone to a