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McBrides Blog

Client Spotlight – Michael O’Mara Books image

Client Spotlight – Michael O’Mara Books

26th June 2018

Michael O’Mara Books (MOM Books) has been a McBrides client since the company incorporated in December 1984. At the time the publisher’s only two...

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Join our graduate training programme

26th June 2018

Do you know a recent graduate who’s keen to kick-start a career in the accountancy profession, earn as they learn and work with owner-managed businesses? If...

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Welcome to our new recruits

26th June 2018

We’ve welcomed two new people to the McBrides team since our last issue of Business Arena – the second and third to join us in two months. Matt Reid...

'eXtra' protection from the taxman image

'eXtra' protection from the taxman

26th June 2018

Small businesses are more likely to be reviewed by the taxman after HMRC admitted that one in ten small businesses is under investigation as it attempts to recoup...

Pimlico Plumbers decision - check employment status for tax purposes image

Pimlico Plumbers decision - check employment status for tax purposes

13th June 2018

A court ruling which today decided that a self-employed VAT-registered plumber was entitled to workers' rights having worked for Pimlico Plumbers for six years looks...

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Government launches new private sector IR35 consultation

31st May 2018

HM Treasury and HMRC have opened a joint consultation on how the tax rules applying to off-payroll working are being applied. More commonly known as the IR35 rules,...

Safeguarding your personal information – McBrides’ commitment

24th May 2018

A new regulation impacting the way companies hold and process your data is coming into effect this Friday, 25 May and it’s important that you understand what...

Client Spotlight – Stoneham Plc image

Client Spotlight – Stoneham Plc

25th April 2018

Our latest focus on clients looks at a fifth-generation family business. Stoneham plc has grown from a woodturning business, started in the basement of William...

GDPR – are you compliant? image

GDPR – are you compliant?

25th April 2018

It’s been a long time coming but precisely one month from now the General Data Protection Regulation (GDPR) finally comes into force. Organisations will be...

EMI share options – companies beware image

EMI share options – companies beware

11th April 2018

Companies that grant Enterprise Management Incentive (EMI) share options, should be aware of an important HMRC bulletin issued on 4 April 2018, which impacts...

Personal tax planning – five tips for minimising your tax liabilities image

Personal tax planning – five tips for minimising your tax liabilities

20th March 2018

Is it too late for me to take steps to minimise my tax liabilities before 5 April? There are fewer reliefs available these days to mitigate your personal tax liabilities,...

The Spring Statement: Spring Forward or Freeze Frame? image

The Spring Statement: Spring Forward or Freeze Frame?

12th March 2018

The Chancellor, Philip Hammond, will give the Government’s first ‘Spring Statement’ to Parliament this Tuesday at 12:30. Why is this interesting? Well,...

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Isn’t it time you took on an apprentice?

8th March 2018

It’s National Apprenticeship Week and there will be many stories in the media about the success of the government programme, but what benefit does the scheme...

Employers must act ahead of April and June auto-enrolment deadlines image

Employers must act ahead of April and June auto-enrolment deadlines

22nd February 2018

The clock is now ticking for the June 2018 auto-enrolment deadline when the final 150,000 employers must enrol their employees into workplace pensions. However,...

Just ten days left for the paper tenner image

Just ten days left for the paper tenner

19th February 2018

The paper Charles Darwin £10 note ceases to be legal tender after 1 March 2018 with the polymer Jane Austen £10 note replacing it. After this time,...

Energetic accountants generate £6k for the Greenwich & Bexley Community Hospice image

Energetic accountants generate £6k for the Greenwich & Bexley Community Hospice

2nd February 2018

The team at McBrides undertook a series of physical challenges in 2017 to raise funds for the Greenwich & Bexley Community Hospice (GBCH). The fundraising...

Client Spotlight – The Hofmeister Brewing Company image

Client Spotlight – The Hofmeister Brewing Company

19th January 2018

First up in our new Client Spotlight feature is The Hofmeister Brewing Company, which is behind the successful resurrection of the popular 1980s Hofmeister lager...

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Cybercrime - be prepared

19th January 2018

Criminals are becoming increasingly sophisticated in how they approach businesses and convince staff to transfer money to them. Most attempts are made through identity...

Practical steps for businesses affected by Carillion’s liquidation image

Practical steps for businesses affected by Carillion’s liquidation

15th January 2018

News that Carillion, the UK’s second largest building contractor, has gone into liquidation will be creating uncertainty for suppliers and sub-contractors...

Childcare voucher schemes to close in April 2018 image

Childcare voucher schemes to close in April 2018

4th January 2018

A timely reminder that childcare voucher schemes will close to new entrants from April this year. All eligible new parents will instead need to use the government’s...

Law firms - are your clients aware of HMRC's New Trust Registration Service 31 January deadline? image

Law firms - are your clients aware of HMRC's New Trust Registration Service 31 January deadline?

19th December 2017

By 31 January 2018, all trusts with UK tax liabilities are required to be registered online with HMRC’s Trust Registration Service (TRS). This is compulsory...

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The next generation of local accountants

6th December 2017

McBrides staff partner Tanya Hamilton and manager Hannah Adams were overwhelmed by the interest in becoming an accountant when they recently visited Hope Community...

McBrides honoured at Kent Corporate Finance Alliance Awards 2017

30th November 2017

McBrides is celebrating today having been recognised in the Kent Corporate Finance Alliance (KFCA) Awards Deal of the Year for its work on the private sale of regional...

Employer pension contributions set to increase in April 2018 image

Employer pension contributions set to increase in April 2018

21st November 2017

Changes to pensions continue and from 6 April 2018, employers will be required to increase the amount of their contributions into their employees’...

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Back the Bexley bid!

11th October 2017

Bexley is on the cusp of something big as it prepares a bid to become the London Borough of Culture for 2019 and 2020.   Bexley is one of 32 boroughs...

The auto-enrolment clock is ticking… image

The auto-enrolment clock is ticking…

27th September 2017

Under the Pensions Act 2008, every employer in the UK with at least one employee must put certain staff into a pension scheme and contribute towards it. But all...

VAT on online local authority property searches image

VAT on online local authority property searches

27th September 2017

We have had several requests for clarity following on from news that north-west law firm Brabners has been ordered to pay £68,000 of VAT not charged to clients...

Speedier cheque clearance on the way image

Speedier cheque clearance on the way

26th September 2017

Despite the move to BACS and online banking, 477 million cheques were written in the UK last year. Clearing a cheque can take up to six working days from deposit...

Making Tax Digital image

Making Tax Digital

6th September 2017

The government’s programme of bringing business tax into the digital age was due to begin in earnest with the ‘Making Tax Digital’ scheme. However,...

High earners: act soon to fund a comfortable retirement image

High earners: act soon to fund a comfortable retirement

6th September 2017

Most of us think retirement planning is something to leave on the ‘to do’ pile. However, some recent tax changes mean you may need to think about dealing...

McBrides & Friends 10k Hospice Hike image

McBrides & Friends 10k Hospice Hike

11th August 2017

There are just weeks to go now before the team at McBrides set out on their Hospice Hike in aid of the Greenwich & Bexley Community Hospice. The 10km route...

Routes into Accountancy – part two: image

Routes into Accountancy – part two:

7th July 2017

From fixing bikes to company audits by Patrick Duncan I was directed to McBrides after working a long summer fixing bikes in a local shop. I studied A Levels in...

Routes into Accountancy – part one: image

Routes into Accountancy – part one:

7th July 2017

University? Or a Professional Apprenticeship? by Tanya Hamilton, Staff Partner You’ve decided on a career in accountancy, but do you choose university or...

Law firm mergers keep us busy image

Law firm mergers keep us busy

6th July 2017

Law firm mergers are all the rage at the moment as the industry shrinks in the face of deregulation and increased competition. At McBrides we have been assisting...

All change for apprenticeships: the new funding system for employers image

All change for apprenticeships: the new funding system for employers

24th March 2017

The new Apprenticeship Levy comes into effect on 6 April and heralds significant changes to the way apprenticeships will be funded for all employees. Click on the...

Philip Hammond makes U-Turn on Budget National Insurance rise for the self-employed image

Philip Hammond makes U-Turn on Budget National Insurance rise for the self-employed

16th March 2017

The Chancellor, Philip Hammond, has faced a backlash from the Conservative backbenchers accusing him of breaking a general election manifesto commitment not to increase...

The Book-Keepers! Three business books we couldn’t live without

2nd March 2017

As pupils across the world celebrate World Book Day today (Thursday 2nd March) we asked some of the team at McBrides for their favourite business reads. Nick Paterno,...

Thinking of buying a new car? Don’t end up being an ‘April Fool’! image

Thinking of buying a new car? Don’t end up being an ‘April Fool’!

27th February 2017

If you are looking to buy a new car, you might want to consider doing it before 1 April 2017. Road Tax, or Vehicle Excise Duty (VED) as it is officially known, is...

Solicitors be mindful - you are not a bank! image

Solicitors be mindful - you are not a bank!

17th January 2017

The SAR Rule (14.5) preventing a firm’s client account being used as a banking facility has made the news over the last couple of months with a spate of recent...