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Factoring in Focus

June 2016

Factoring in focus under magnifying glass

*Featured In The EDP Norfolk Magazine* Following the Credit Crunch, UK businesses have been composing themselves, ready to fight their way back to a sound trading position. There has been a clear spike in the level of business and sales activity, this inevitably results in pressures on cash flow. This is where ‘Factoring’ comes in. […]

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How to Claim Bad Debt Relief

June 2016

Photo of David Fiddy, Head of VAT at Aston Shaw

What is ‘bad debt relief’? Sometimes within the UK VAT system situations can arise wherein a business is required to pay VAT to HMRC before they have been paid by their customer. This can wreak havoc on a business’s cash flow. Fortunately, ‘bad debt relief’ exists to help businesses faced with this type of situation. […]

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What Impact Will the EU Referendum Have on VAT?

June 2016

EU flag with United Kingdom flag merged in

No one can predict what will happen to the VAT rules, and rates, following the referendum on 23rd June. All we can say with certainty is that a vote to leave will have a huge impact on VAT regulations. VAT is regulated by the EU and the UK government is bound to abide by the […]

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Aston Shaw Has ACCA Approved Employer Status Extended to 2021

June 2016

ACCA

Aston Shaw has managed to retain the highly sought-after status of ‘Platinum Approved ACCA Employer’ for a further 6 years – the highest award possible. Aston Shaw invests sizeable sums of money into the development and training of staff. The firm covers all training fees, as well as providing all the necessary resources staff in […]

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What is Development Finance?

June 2016

Photo of Justin Lavery, Head of Corporate Finance at Aston Shaw

Development finance is essentially a loan that goes towards the purchase of land/construction costs of a development. Property development is never easy, but there is no reason why finding finance for it can’t be. If you’re a property developer, investor, or landlord, then there’s a range of finance options available, that will enable you to […]

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Why You Should Be Using Cloud Accounting Software

June 2016

Cloud Accountancy diagram

*Featured In The EDP Norfolk Magazine* Why use cloud accounting software? In this article, I’ll highlight the key reasons why cloud accounting software is being recognised as a powerful tool for business, and used more and more by businesses and accountants alike. Whether you’re a freelancer, a small business or a larger operation, all can […]

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Aston Shaw Appoints Ex-Financial Director To Open Corporate Finance Division

May 2016

Three Aston Shaw accountants smartly dressed standing in front of a television screen displaying the business logo

In a competitive move to enhance Aston Shaw’s service offering, highly experienced Finance Director, Justin Lavery, has been appointed to head up the firm’s new corporate finance department. This is a big step for Aston Shaw and signals a strategic transition towards becoming a firm that offers the complete range of financial and business services. […]

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What to Expect in a HMRC Tax Investigation

May 2016

Businessman examining tax invoice through magnifying glass at desk

Have you ever tried calling through to HM Revenue & Customs? If yes, then you would be forgiven for thinking HMRC are too large an organisation to do anything quickly. While HMRC may not be winning any awards for its speedy answering of calls anytime soon, it is most certainly proficient at investigating those they […]

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The Story of Polly

May 2016

Holiday Homes buy to let

*Featured In The EDP Norfolk Magazine* Renting out properties as holiday homes can be a great way to boost income. However, many people are unsure if becoming VAT registered is a good idea or not. What follows is a brief anecdote highlighting some of the aspects to consider when deciding whether or not to registering […]

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Annual Return to be re-branded as the ‘Confirmation Statement’

April 2016

Gavel on sounding block with judge in backround

When the government first announced the Small Business Act, it detailed a series of measures to reduce the administrative burden placed on small businesses. The act was created with the help of business people, the general public and other organisations. At present, all companies are required by law to file an annual return, these returns […]

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