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How big data can spell trouble for small businesses

  Watch out. HMRC is getting tough and technology is playing an ever-increasing role in investigations. HMRC Investigations You might be surprised to hear that investigations into self-assessment taxpayers have been one of the fastest growing revenue streams for HMRC. In fact, £1.4bn was collected in 2016/17 – a big jump from the £856m collected […]

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Why weak personal security is a risk to business

  Many businesses are improving their IT security and are becoming better protected against cyber threats, says Andrew Picker of DNG Dove Naish, but the weaknesses in personal security of employees can pose a threat. Cyber security in business We’ve all become quite used to the idea of business security. In business environments, there are […]

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After three years of auto-enrolment, it’s time to take stock

Jeanette White of accountancy firm DNG Dove Naish reminds us that many businesses are facing three-yearly reviews of their auto-enrolment process. It’s time to think seriously again about providers and also re-engage with your staff. Most businesses have become used to the idea of pension auto-enrolment now. However, it’s important to remember it’s an ongoing process. […]

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GDPR – Is your business ready?

The General Data Protection Regulation (GDPR) comes into effect from 25th May 2018. The UK Information Commissioner’s Office (ICO) describes GDPR as operating on similar principles as the Data Protection Act. But with an added layer of detail and an additional concept of accountability. It will also require that you document and demonstrate how you […]

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Tax Planning – There’s still time!

  This week sees the end of the 2017-18 tax year, so this is the last chance to take advantage of tax planning opportunities for 2017-18. After 5 April 2018, any action you take to minimise your tax liabilities for 2017-18 will be largely ineffective. What can you still action this week? Capital Gains Tax (CGT) The amount of […]

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