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

Autumn Statement 2014

Autumn Statement 2014   Introduction The Chancellor George Osborne delivered his final Autumn Statement of this Parliament amid ongoing economic uncertainty. The key indicators paint an unclear picture. The UK economy is now expected to grow faster in 2014 than … Continue reading


Insider December 2014

Insider: December 2014 Small firms fuel economic growth More than a third of economic growth in 2013 was created by high growth small businesses (HGSBs), a report by Octopus Investments and the Centre for Economics and Business Research (Cebr) has … Continue reading


Retirement Planning

Personal Planning UPDATE Have you considered what your retirement might look like financially?   It’s important to think about what you want to do and achieve in your retired years. We can then help you understand how much you need … Continue reading

tax planning

Tax and your Business

Tax and your business This guide is intended to help unincorporated business owners with their tax planning Individuals pay tax on the profits of their unincorporated business at income tax rates ranging from 20% to 45%. In addition, there is … Continue reading

Analyzing electronic document

Safeguarding Your Estate

Safeguarding your estate Considering what you want to happen to your estate when you die and how to minimise the tax liability. Most of us are probably wealthier than we realise, particularly if we own our home. It is quite … Continue reading

Going through valuable corporate research

Salary or Dividends

Salary or dividends When is it beneficial for a company owner or director to take a dividend rather than salary? Many people running businesses prefer to do so through a limited company rather than as a sole trader. One reason … Continue reading


Insider October 2014

Insider October 2014 Record confidence among small businesses Confidence among small businesses has reached record levels, research by the Federation of Small Businesses (FSB) has shown. The FSB survey revealed that small firms in all sectors improved their outlook for … Continue reading

Business power walk

Subsistence and Entertainment

Subsistence and entertainment   This guide explains how tax relief works for subsistence and entertainment costs.     Subsistence is a payment for an individual in relation to work-related travel, accommodation and meals beyond those normally required.       … Continue reading

Business information

Financial Planning for Business

Financial planning for businesses This guide looks at how financial planning can help you and your business succeed. Financial planning is essential to the success of any business, whichever stage it is at. Having an accurate idea of your current … Continue reading


Insider September 2014

Insider September 2014 SME loan success rate up to 80% Four out of 5 SME loan applications were approved in 2014, compared with 71% in 2013, according to research by venture capital firm Albion Ventures. Despite these improvements, just 1 … Continue reading