As you may have heard, recent Government announcements have aligned the rules for audit exemption with those for small company qualification. These changes come into effect for accounting periods ending on or after 1 October 2012.
Provisional Met Office figures show that 2012 has seen the UK’s wettest April and June, since records began in 1910. Over a months worth of rain fell in the North West and North East within 24 hours, after flood warnings were issued to more than 7,000 homes and businesses.
With the UK economy struggling to get off its knees and many businesses working tirelessly to compete in tough trading conditions, a sharp hike in your annual insurance premium can feel all the more painful.
With increasing pressure on fuel costs and the need to be efficient in every aspect of business more important than ever, many fleet owners are considering installing a tracking system to their vehicles.
China's RMB seems set to become the world's next reserve currency, perhaps within the next decade. But British businesses with Chinese links don't need to wait. They can control risk and boost competitiveness by trading in the ‘redback' right now.
The Association of British Insurers (ABI) has welcomed plans to reform the ‘no win, no fee’ system having cited high legal costs in settling personal injury claims as one of the main reasons for the general rise in motor insurance premiums. The planned reforms by the Ministry of Justice aim to balance the costs more fairly between the claimant and defendant, but there are wider implications for all parties if the legislation goes ahead.