News

VAT for Law Firms – Disbursements

Law firms face a variety of challenges from a VAT perspective, one of which is the question of whether to account for VAT on disbursements charged to clients.  This is a common problem area, as

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New IR 35 rules

Companies and large businesses using the services of freelancers who operate through a Personal Service Company have a big decision to make over the coming months. From April 2020 medium and

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The Criminal Finance Act 2017

The Criminal Finance Act 2017 (CFA17) received Royal Assent in April 2017 and began to come into force on the 30 September the same year, with a rolling programme of measures designed to

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IFRS 16 – Round 3

After implementing IFRS 9 Financial Instruments and IFRS 15 Revenue from Contracts in 2018, you may be mopping your brow with relief! Don’t celebrate too soon though, as there’s still IFRS 16

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IFRS 15 – Time is running out

IFRS 15, the new revenue standard, generally becomes effective for entities reporting at 31 December 2018 or later. Organised entities started their transition projects in 2014 when the standard

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Are you ready for the GDPR?

The new General Data Protection Regulation (GDPR) came into effect on 25 May 2018. A lack of knowledge will not be deemed an acceptable excuse for not having safeguards in place.  With recent

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