What are Management Accounts, and Do I Need Them?
Simply put, Management Accounting provides regular, timely financial and statistical information to enable you to make informed business decisions. This is vital for all businesses, as it is used to drive performance, inform strategy, maximise
Increases in Minimum Contributions for Automatic Enrolment Pensions
The total minimum contribution for automatic enrolment pensions increases from 2% to 5% of qualifying earnings on 6 April 2018, by law. This contribution will increase again on 6th April 2019 to a total minimum amount of
We’ve been shortlisted!
Franks Accountants are proud to announce that we have been shortlisted for the Independent Firm of the Year Award in the Yorkshire Accountancy Awards 2018! The Yorkshire Accountancy Awards were developed to celebrate the
Tax Investigation Protection
When you’re with Franks Accountants, we want to make sure you’re protected from unwanted and often random HMRC enquiries. That’s why we offer Tax Investigation Protection cover for free through Abbey Tax to all our
Bitcoin and the Tax Implications
Bitcoin is a new digital currency using peer-to-peer technology and no central authority or banks, otherwise known as a ‘cryptocurrency’. The bitcoin is currently trading at £7579.17 to 1BTC (February 2018), following a fall from
Introduction of the Dividend Tax – Why your tax return may be higher than expected
If you noticed your tax return being a little higher this year, here may be the reason: Many company owners pay themselves in the form of dividends, rather than a salary. However, in 2016 a
Last Minute Tax Return Help
The deadline for your 2016-17 tax return assessment is now only a week away, on Wednesday 31st January 2018. As the paper deadline has already passed (October 2017), you must now submit your assessment online.
We’ve Been Nominated!
At Franks Accountants, we are devoted to supporting our local community and helping it thrive, and each year we try to do even more. This year, after letting our Facebook friends choose the charities we'd
Never get caught out by Spam emails
Make Sure You're Savvy About Spam Emails As we approach Christmas and the festive season malware infections increase, so we want to make sure all our clients, family and friends know how to check if our