A team update and vacancy information at R J Francis. Rosemarie Thompson At the end of October, we were very sad to bid farewell to our colleague, Rosemarie Thompson, who has retired. Rosemarie joined R J Francis in 2015, and was an integral part of the Accounts...
On 27 October 2021, the Chancellor, Rishi Sunak set out a Budget that he said would be an investment in a more innovative and highly skilled economy. It was not the packed Budget we had in the Spring but there were still some important changes...
We are pleased to announce that we have recently achieved gold level Xero accreditation. This recognises our in depth knowledge of the software, the high level of support we offer our clients using Xero and our ongoing commitment to utilising the most advanced technology to...
We are delighted to welcome two new staff members to the team at R J Francis. Jay Strange joined us in March and manages the bookkeeping and VAT returns for a broad range of our clients. Jay has over two years’ experience in both local and...
For many years now, Accountants have been encouraging directors in owner-managed, limited companies to take their remuneration as a combination of salary and dividends in order to benefit from significant personal tax savings. Whilst recent changes in tax legislation have reduced the savings available, it...
Coronavirus has led to the UK economy shrinking by 10% over the last twelve months and we now have the highest borrowing outside of wartime. But with the impact of vaccinations and a lockdown plan having been announced last week, this Budget is intended to...
Many businesses chose to take the option to defer their VAT payments due between 20 March and 30 June 2020, which then became payable by 31 March 2021. However, with the effects of the pandemic lasting far longer than most had anticipated, and cashflow remaining...
Following the UK’s departure from the EU on 1 January 2021, the Government has introduced ‘postponed accounting’ for import VAT on goods brought into the UK from that date. As a result, UK registered businesses importing goods into the UK will be able to account...
In another move to try and combat missing trader fraud in the construction sector, the Construction Industry Scheme (CIS) VAT Reverse Charge rules will finally come in to force on 1 March 2021, having being delayed twice due to the uncertainties caused by Brexit and...
R J Francis accountant, Sarah Kaye, is riding 350km on an exercise bike during January to raise money for Asthma UK. The distance is the equivalent of cycling from Hereford to Fistral Beach in Cornwall, one of Sarah’s favourite places. But that’s not all, Sarah...