News

Are you ready for employment changes from 6th April 2016?

1. “Dispensations – the end of an era” Finance Act 2015 brings in ITEPA 2003 ss 289A–E, effective from 6th April 2016. From this date you will no longer have to pay tax and National Insurance Contributions (NICs) on qualifying paid or reimbursed expenses payments.   This means that where an employee is entitled to claim a fully matching tax deduction e.g. receipts for accommodation, subsistence etc., ...

UK Budget 2016

Please see below link to the PKF-FPM UK Budget Summary 2016. UK Budget Summary 2016

PKF-FPM Post Budget Breakfast 2016

To book your FREE place email Lauren Quinn – l.quinn@pkffpm.com or call 02830261010

Ways to save tax before 5th April year end

Question. The tax year is nearly over. What can I do to structure my business and personal finances so that they are as tax efficient as possible?  Answer. The end of the tax year on 5th April is fast approaching, and this is always a good time of year to think about ways to structure your business and personal finances so that they are as tax-efficient as ...

Seed Enterprise Investment Scheme – finance for business

Question. I have been a successful entrepreneur and I am keen to invest in new young businesses that need finance to grow but are struggling to secure this money from banks. I have heard about the Seed Enterprise Investment Scheme and I would like to understand the rules in more detail. Can you explain the key features of this scheme? Answer. The Seed Enterprise Investment Scheme (SEIS) provides ...

Family Business Succession Breakfast Seminar

PKF-FPM and Dundalk Chamber would like to invite you to the Family Business Succession Breakfast seminar on Wednesday 23rd March 2016 at 9.30am in the Crowne Plaza Hotel, Dundalk. Our Managing Director, Feargal McCormack will deliver the presentation which promises to be an insightful look not only at family businesses but the DNA and culture that is in place in successful growth businesses. It is recognised ...

Homeworking costs for the Self-Employed

Question.  I am self-employed and I operate my business from my home. Can you please explain to me what “home expenses” I am able to claim as an expense against my business income?  Answer. Over the last ten years technology has advanced massively. It was not so long ago that mobile phones were the size of a brick. Now emails and the internet can be accessed on ...

Down GAA Jailbreak Booklet

Michael Farrell, Director of PKF-FPM Accountants Limited would like to thank all those who assisted in his release from Crumlin Road Gaol as part of the Down GAA Jailbreak event. Please see link below to the Down GAA Jailbreak Booklet which includes copies of the adverts / sponsorships. Down GAA Jailbreak Booklet 2015  

Cash basis for the self-employed

Question. I am starting a small business and I have read that I can apply the cash basis rather than the normal accruals basis for preparing my accounts. What are the rules for using the cash basis? Answer. If you run a small business, cash basis accounting may suit you better than traditional accounting. This is because you only need to declare money when it comes in and ...

Willie Walsh – Keynote Speaker At PKF-FPM/Ulster University Business School Leadership Talk

IAG Chief Executive Willie Walsh was keynote speaker at the PKF-FPM Annual Leadership Talk, Management Month initiative held in association with the Ulster University Business School, at the Belfast Campus on Tuesday 9 February 2016. Originally from Dublin, and now based in London, Willie Walsh began his career as a cadet pilot with Aer Lingus in 1979, subsequently becoming its Chief Executive in October 2001, just ...