JNS Accountants

Oh hi, we’re your friendly number bods from #Brum. #Startup or serviced based biz? We can take on all your #accounting for a lovely, stress-free life!

[JNS Accountants @JNS_Accountants]

"Businesses in the UK and Northern Ireland selling their products and services online are falling behind their European and US counterparts when it comes to digitally transforming their financial processes."

https://t.co/emggZp8Q3G

#tax #accounting

[JNS Accountants @JNS_Accountants]

"A question was posed on LinkedIn that if we took away all the normal tools of the trade and excluded anything directly aimed at or created for the accounting profession, what software would you recommend to your peers?"

https://t.co/sL694tRoqy

#acounting #accountant

[JNS Accountants @JNS_Accountants]

"Industry regulator Ofgem says the supplier will refund and compensate 11,275 prepayment customers as well as pay into a fund to support vulnerable people for the breach, noting the hardship faced by consumers as energy prices surge."

https://t.co/dpQkodpte0

#ofgem #accounting

[AccountingWEB.co.uk @AccountingWEBuk]

Yet another director has been banned for overstating their turnover to exploit the Bounce Back Loan scheme. The latest offender fleeced £200,000 from the Covid support scheme.

https://t.co/pFeXuzms1M

[JNS Accountants @JNS_Accountants]

"New gas fields were started in the southern North Sea, including Harbour Energy's Tolmount field and IOG's Saturn Banks"

https://t.co/wk09yMjJPX

#economy #accounting #gas

[JNS Accountants @JNS_Accountants]

"One in three accounting firms are ”virtually invisible” on search engines, new research suggests"

https://t.co/ZKURPKKwK2

#Accounting #accountant

[JNS Accountants @JNS_Accountants]

"Trusts with no tax liabilities are required to register with the Trust Registration Service by the later of 1 September 2022 or 90 days from the start of the trust, unless they fall within an exclusion."

https://t.co/nB6yOnQegI

#Accounting #accountant

[JNS Accountants @JNS_Accountants]

"HMRC has issued a must-read document for employers covering the common errors made in Coronavirus Job Retention Scheme calculations. This will help employers decide if they need to pay back or fight back."

https://t.co/HgwmisVbBf

#hmrc #acounting #Covid_19

[JNS Accountants @JNS_Accountants]

The operating cycle is the time required for a company's cash to be put into its operations and then return to the company's cash account.

More at
https://t.co/XaGkUi2lSU

#accounting #accountant

[The Morning Account @MorningAccount]

Britain has launched a new visa route for fast-growing businesses to hire skilled #workers from abroad. The so-called Scale-up visa is open to skilled workers in professions such as engineering, architecture and software development.
https://t.co/oK2pCFKhYV

#ScaleUpVisa

[JNS Accountants @JNS_Accountants]

"The Energy (Oil and Gas) Profits Levy Bill passed through all its parliamentary stages in two days of debate this week. No party opposed the Bill, but opposition MPs suggested it should have come in sooner."

https://t.co/BgTwAI60cS

#tax #Accounting #EnergyPrices

[The Morning Account @MorningAccount]

Research by the @HighPayCentre and the Trades Union Congress reveals that the average pay of chief executives of Britain’s 100 biggest companies rose to £3.4m in 2021.
https://t.co/WgRDuHlUkQ

@The_TUC
#accounting #FTSE100 #accountant

[AccountingWEB.co.uk @AccountingWEBuk]

HMRC has announced that with effect from 1 September 2022 it will start sending VAT assessments to merchants selling via online marketplaces (OMPs) where it believes that VAT returns are inaccurate.

https://t.co/L4rIqsoimk

[JNS Accountants @JNS_Accountants]

"Ofgem are set to announce changes to the energy price cap on Friday, with experts predicting the cap could rise to over £3,500"

https://t.co/FJeQClEUsp

#ofgem #EnergyPrices #inflation #Accounting

[Business & Accountancy Daily @accountancylive]

Criminals stole £367m from covid schemes - an estimated £367m was stolen from various covid schemes, including SEISS, furlough and Eat Out to Help Out
https://t.co/cnUbDJcQZT via @accountancylive

[JNS Accountants @JNS_Accountants]

"TaxationWeb’s Lee Sharpe looks at a long-cherished tenet that lowering taxes – or lower tax rates – result in higher overall tax receipts."

https://t.co/hD7AC8087j

#accounting #tax

[JNS Accountants @JNS_Accountants]

Deferred revenue is money received by a company in advance of having earned it. In other words, deferred revenues are not yet revenues and therefore cannot yet be reported on the income statement.

More at
https://t.co/w0u7US2bat

#accounting #revenue #Accountants

[Business & Accountancy Daily @accountancylive]

Inflation rate rises to 40-year high of 10.1% - the inflation rate rose to 10.1% in the 12 months to July, up from 9.4% in June, currently at its highest level since February 1982 https://t.co/XMgM6aPZlU via @accountancylive

[JNS Accountants @JNS_Accountants]

"Financial accounts of political parties and accounting units have been published today by the Electoral Commission. "

https://t.co/i8DIpprh1Y

#accounting #accounts

[JNS Accountants @JNS_Accountants]

"Iceland will partner with non-profit lender Fair For You to offer loans of 25-100 pounds ($30-$121) through pre-loaded cards to financially vulnerable customers, who can make repayments once a week."

https://t.co/hzQlCKlEoF

#Accounting #loan #CostOfLivingCrisis