Employers should beware changes to employer allowance

Local accountants and tax advisers, Trueman Brown, warn employers about the amendment to the employers allowance coming into force from 6th April 2016. It was a classic case of giving away with one hand and taking back with the other! In his July 2016 Budget, the...

Guide to local entrepreneurs on acquiring a business

Local accountants and tax advisers, Trueman Brown, provide a guide to purchasing a business. Buying an established business that someone else wishes to sell provides a path that many follow to fulfil the desire to enter into business or expand existing operations....

Our guide to local entrepreneurs on preparing business plan

Local accountants and tax advisers, Trueman Brown, advise businesses on the importance and how to prepare a business plan. Failing to plan is the first step toward planning to fail. Recording your ideas, plans and strategies is essential given the current economic...

A guide for local businesses about flat rate scheme for VAT

Local accountants and tax advisers, Trueman Brown, advise local businesses about the flat rate scheme for VAT. The VAT Flat Rate scheme provides smaller businesses with a number of options that can often create real cash savings. Benefits include: Simplified...

Freelancers caught out by IR35

Local accountants and tax advisers, Trueman Brown, advise freelancers about the IR35 rules. The IR35 rules aim to catch anyone who, by placing an intermediary between himself and his employer, gains some tax (including NIC) advantage. Personal service companies The...