The Charity Commission for England and Wales, found that insider fraud at charities was aided by the excessive trust and lack of challenge from others (released April, 2018). They then published some case studies from fraud attempts to highlight some of these issues. Of the 20 cases analysed, the absence of appropriate controls was the…
European data protection laws are going to come into force on 25th May 2018 and businesses need to be ready. These new laws will affect all businesses in the UK and the current Data Protection Act (DPA) will be updated to reflect the new obligations. The GDPR has a greater scope, with much tougher punishments…
Britain has the most complex tax system in the world. This can be demanding and too much to handle for some self-employed individuals and entrepreneurs. However, help from an accountant can really help to get your accounts into shape. The problematic thing with running your own single-person operations is you’re often left to your own…
The truth of the matter is that everyone will possess at least one quality that will give them the potential to become a successful entrepreneur. You may be sitting there thinking ‘I’m too young’ or ‘I’m too old’ to start a business, but there really isn’t many boundaries when it comes to successful entrepreneurship. Successful…
Even if you hire an accountant to handle the finances of your business, it’s still crucial to learn the basic jargon of accounting in order to ensure better communication with not only your employees but also your suppliers. So here is a quick guide from us here at Aston Black to some of the most…
When starting a new business, it’s so easy to get carried away with the glamorous side of entrepreneurship such as branding and website design that it’s easy to forget what lies at the heart of a successful business – finance. Accounting is one of, if not the most, important thing to consider when thinking about…
Choosing the right accountant to manage your accounts and tax compliance obligations can be difficult. It’s very important to find both an expert in this sector but also someone who you can trust. At Accountant MK, we would like to think that we can offer you both. Our Offer: Our Skills & Knowledge: With years…
Last month the government announced the introduction of new laws to help tackle the problem of identity fraud and personal harm for company directors. The new laws introduced into parliament on 22 February 2018 are to allow company directors to remove their personal addresses from the UK’s official company register on Companies House. Our team…
A dividend is a payout that companies make to shareholders that reflect the company’s earnings. These are paid out quarterly and the dividends provide stockholders with a steady return. Investors like to have a steady income, therefore, are more likely to buy a company’s stock. Investors also see a dividend payment as a reflection of…
Every year when the clock strikes 12 on 1st January, people start making resolutions on everything from fitness to spending. If you’re a business owner, yours might involve getting your accounts in order and for good reason, the new year is an ideal opportunity for a fresh start when it comes to your business’ finances….