Restaurants are facing HMRC investigation

Small businesses operating in the UK’s restaurant sector could be encouraged to seek the assistance of a specialist accountancy service after HM Revenue & Customs (HMRC) launched a wave of investigations. The department’s new taskforce has begun investigating 531 establishments, 22 of which are now being considered for criminal prosecution or civil investigation of fraud procedures. It comes as part of what HMRC describes as “intensive bursts of compliance activity in specific high-risk trade sectors and locations across the UK”. Figures have been processed for 45 businesses so far and at present £634,000 is under consideration, an average of £14,000
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Coalesco shortlisted for the British Accountancy Awards

Wollaton-based accountants, Coalesco, have been shortlisted for the national British Accountancy Awards 2011 in the Independent firm of the Year – Midlands category.  One of a shortlist of three, we are the only Nottingham firm to get through to final of the awards.  Entrants for the award have been assessed not only on their own business performance and profitability but also on the measurable results that they have been able to achieve for their clients.  As providers of accountancy, tax and management accounting services we have been able to help clients improve their performance through a wide range of means
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Employer-supported childcare

Let’s face it, there are very few tax-efficient benefits in kind available these days and the only one that instantly springs to mind, other than the Cycle to Work scheme, is employer-provided childcare. Childcare costs are horrendously expensive and will often be the single biggest drain on the budget of hard-pressed families; often even more so than the rent or the mortgage. The tax breaks given for employee-supported childcare are therefore very welcome indeed for working parents and help to significantly reduce the real cost of childcare for families whose employers offer this benefit. The childcare tax-breaks were introduced to
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All the accountancy services your business needs – and a smile

This year our clients voted us 100% friendly and they all said that they’d be happy to recommend us. If you’re looking for an accountant in Nottingham who offers a warm welcome as well as all the services you’d expect from an accountant specialising in owner-managed businesses, then we’d be delighted to see you. We also offer a free business health check for every new client – just part of our award-winning service that every client enjoys.    
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