M.B. McGrady & Co Chartered Accountants in Belfast, Northern Ireland

Prepare for Auto Enrolment

Prepare for auto enrolment This guide looks at what employers must do to implement auto enrolment The law on workplace pensions has changed to make it easier for people to save for their retirement. Automatic – or auto – enrolment … Continue reading


Reduce Your company Tax Liability

Reduce your company tax liability This guide is intended to help you with your 2014/15 company tax planning Don’t let tax be a problem this year. Stay ahead of developments and make sure you take advantage of ways to legitimately … Continue reading


Insider-August 2014

Insider: August 2014 Small firms rely on planning not luck Luck does not play a big role in a firm’s success according to nearly three quarters of small business owners, research by software provider Sage has found. In a survey of … Continue reading

ESS April 2014

Employee Share Schemes

Employee share schemes The Government encourages trading companies to offer shares in the company to its employees. These are usually given away free or offered at a discounted rate. Sometimes the employer may not provide shares immediately but provide an … Continue reading

LLP April 2014

Limited Liability Partnerships

Limited liability partnerships (LLPs) were introduced in 2001 to provide the flexibility of a partnership with the limited liability of its members. They have proved very popular, particularly for professional entities.   A LLP must be distinguished from an ordinary … Continue reading

Insider April 14

Insider Newsletter – April 2014

Insider April 2014 Welcome to your April newsletter. In this issue, the news that the minimum wage will increase by an above-inflation three per cent later this year. We examine proposals for greater protection for small businesses when purchasing utilities. … Continue reading

Calculator Mar 2014

Risk-led enquiries

HMRC has the right to investigate any tax return submitted by any taxpayer. The department has considerable powers to inspect documents and to question the taxpayer. HMRC does not need a reason for an investigation. It selects some returns at … Continue reading

Flasks Mar 2014

R&D and patents

Research and development (R&D) and patent expenditure are treated generously for tax purposes. The main provisions are: • R&D relief • capital allowance for R&D • expenditure on patents and know-how • the patent box. What is R&D? For accounting … Continue reading

Cal Mar 2014

Insider: March 2014

Welcome to your March newsletter. In this issue, we look at how a skills shortage might hamper growth. We examine the rise in online sales and how smartphones are affecting in-store shopper behaviour. Business groups have called for a reform … Continue reading


Budget Report 2014

The economic backdrop to Chancellor George Osborne’s fifth Budget statement was decidedly more positive than it was when he moved into Number 11 in 2010. The economy grew by 1.8% in 2013, three times more than the Office for Budget Responsibility … Continue reading