Our Blog

Small firms struggle with workplace pensions. Do you need help?

A survey by the Federation of Small Businesses (FSB) has found that nearly half of the employers who must set up a workplace pension scheme for their staff in the next two years are confused about their responsibilities. The FSB’s survey revealed that 45 per cent of those asked were unclear on the rules relating to workplace pensions, while a further 25 per cent of Read more…

Changing the game for small business owners – Xero Tolerance for Unhappiness

On Tuesday 23rd June, whilst travelling to the office I read this article in the Metro about Xero accounting software and its aim of bringing happiness in to the workplace. The idea is that entrepreneurs starting their own businesses can create a happy business and job fulfilment within the workplace by using the tools and technologies Xero provides to streamline business functions and allow a Read more…

New UK GAAP

For accounting periods commencing on or after 1 January 2015 there will be a new single Financial Reporting Standard, FRS 102, which will replace all current UK accounting standards. FRS 102 affects all small- and medium-sized entities which currently prepare accounts under UK GAAP. For all entities affected, the opening balance sheet will need to be restated to comply with the new standard and this Read more…

The Striking off and Restoration of Companies

In this week’s blog, Partner Ian Saunders discusses the the circumstances whereby a Company may be removed from the index of companies. In addition, Ian will delve into the considerations that must be acknowledged before restoring a company to the index. Read more here… If you would like further information on any of the content discussed, by all means get in touch with our team Read more…

London – Tourist & Business Capital

I see in the news that London had 16.8m visitors during 2013 which is an increase of 1.3m over the previous year.  For those of us that live and work in London we know what a vibrant, multinational and busy city it is. We have also for many years welcomed businesses from overseas seeking access to markets within the United Kingdom and often using this Read more…

Here’s to a successful Brazil 2014!

At Wilder Coe Ltd, we have many colleagues from all parts of the United Kingdom and much further afield. Being largely based in London, we reflect the cosmopolitan nature of our city. This morning however, some of my colleagues may be forgiven for being less than excited than the rest of us at the announcement of the England Squad for the World Cup Finals.  Today Read more…

Tax That – Buyer beware the Tax avoidance scheme

So today we’re all hearing that Gary Barlow and two of his friends from Take That may have to repay a great deal of tax.  We have also been served with a reminder that tax avoidance of the sort that they took part is not in itself illegal, but that tax evasion is the real crime. Notice that I said “may have to repay this Read more…

Unpaid Tax: An Unfair Pursuit?

Today’s revelation in the press was that Her Majesty’s Revenue and Customs (HMRC) want to go straight to our bank account to collect unpaid tax. Of course we should all pay our tax on time; and in actual fact many of us as employees have no choice in the matter as the tax is deducted from our wages before we receive it. The surprise might be for Read more…

The Gherkin in a pickle

The iconic London skyscraper, irreverently nicknamed the Gherkin, is expected to be put up for sale following the insolvency of its owner ‘Euroselect 14 Fund’, owned equally by IVG Immobilien and Evans Randall. In August 2014 IVG applied to the German Court for protection from its creditors. The second owner is private equity firm Evans Randall who have been unable to agree a re-financing deal Read more…

Avoid a Potential 55% Tax Charge on Your Pension Savings

Time is running out for individuals who have substantial pension pots to make a decision on whether or not to protect their pension savings- because the lifetime allowance is being cut from 6 April 2014. The lifetime allowance is an overall limit on the amount of tax relieved pension savings that an individual can build up over their life. A tax charge applies to pension savings above Read more…