Well, I realise this summer newsletter is somewhat late,
perhaps the arrival of the ‘heatwave’ has reminded me that the summer
newsletter is due.
It has been a turbulent past week in the Nations, the
worst perhaps since 9/11, our country somewhat divided, a swift change of Prime
Minister, the Opposition Party in turmoil, the atrocities in Nice, France and
the unsuccessful coup in Turkey.
Where do you find stability? The Bible says in God who is never changing,
the same yesterday, today and forever.
The economic situation is a concern with downturns
expected which is a worry for all. The
accounting world continues to bring change.
The new Persons of Significant Control Register, Common Reporting how it
will affect Charities, are just two instances, both of which I have written
technical articles to be found on our website.
We are now in the regime of the FRS 102 Reporting
Standard for accounting which affects both businesses and Charities - if you
need advice in this area do speak to Nicholas in our office who has done
research on this and particularly how it affects Charities.
We are sorry to report that Sebastian from our staff, has
been headhunted and moved onto richer pastures but we do welcome Matt onto our
staff who brings a wealth of experience from his accounting background.
I am pleased to report that Jacob has now completed a
further stage of his professional examinations and is part qualified and
hopefully in the next two years will be a fully qualified Chartered Certified Accountant. Both Michael and Tina have successfully
completed further stages in their AAT studies and should qualify as accounting
technicians within the next 12 months.
Well, we are now in another tax year 2016/17 with various
changes especially in the area of dividends and savings interest and if you
need any advice in this please do not hesitate to let me know.
A reminder to clients who need to complete Tax Returns
for the year ended 5 April 2016 that you should be gathering together the
necessary information and I will be in touch in due course.
If you are running a payroll then do not forget the need
to set up a pension scheme before your staging date for your employees.-
contact Vanessa or Liam for further details.
I do hope that you will enjoy your summer vacation and
those in business will find stability and growth despite all the wild
predictions made by the so called economists.
John Caladine, FCCA