This month, we introduce our HR Coordinator, Jenny Field, based in our Exeter office.

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Our strong growth continues with the announcement that accountancy practice Reddaway and Co has merged with our Tiverton office.

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Over the last two years there have been many headlines concerning IR35, which at it’s heart is simply whether an individual should be taxed as an employee.

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In accounting terms limited companies often fall into two categories. Firstly, those who are medium or large and are required to have statutory audit. Secondly, small companies who are not required to have an audit but still have to produce statutory accounts which can be prepared by an in house team or an accountant.

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1. There are two different classifications of the way in which taxi businesses operate for VAT purposes.

2. Businesses can operate as an agent so that the taxi fare is paid as a direct transaction to the driver who is self employed and is registered for VAT if they are exceeding the turnover limits.

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This month we introduce one of our Trainee Accounting Technicians, Dan Ellard, based in our Exeter office.

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We are sponsoring our intrepid trainee accountant, Harriet Butland, who is limbering up to take on one of the UK’s most gruelling treks – the Three Peaks Challenge – to raise money for The Brain Tumour Charity.

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In the news recently there has been discussion of the way in which foreign holidays have become more expensive as currency exchange rates have fallen due to fears over the potential impact of a no deal Brexit.

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I am a keen rugby fan and it is known there are many lessons to be learnt from sporting activities that can be applied to business. In winning the 2003 Rugby World Cup, Clive Woodward clearly espoused these qualities. Reading his account of the World Cup victory whilst on holiday, one aspect of his management style stuck with me, namely the adoption of “CRITICAL NON ESSENTIALS (“CNE’s”)”.

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