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

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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

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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

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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

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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