Ascentant Blog
Business Support Package launched

Ascentant today launched its Business Support Package, following growing interest from a number of clients. The comprehensive package provides monthly Bookkeeping support to small businesses, end of month management reporting, a meeting with a designated Accountant, HR support throughout the month and IT support. It brings together a number of previous standalone services into a monthly […]

The rise of the Online Accountancy Practice – Should clients be cautious?

Accountancy is thousands of years old and dates back to ancient times with items traded at markets prior to the establishment of monetary systems and legal tender. Over those thousands of years, technological advances in accountancy have occurred from the trading of grain to gold and etching of numbers to the abacus and taxation.Over those […]

The future of Law Firm Business Support

DLA has outsourced its UK business support to Warsaw –  KWM has gone under – Olswang, CMS Cameron McKenna and Nabbaro are merging – Although very different circumstances, each of these cuts the amount of Business Support roles in UK Law firms. The questions being asked are, who will be next, why and what is […]

Why start or relocate a business in Derby?

Home to Rolls Royce, Bombardier and Toyota, Derby is establishing itself as a hotbed of enterprise and innovation through business enterprise schemes, regional investment, its skilled Workforce and enviable location. With a population around 250,000, a fast growing University (climbing rankings year on year) working in partnership with local businesses and low cost of living, […]

GDPR to replace Data Protection Act 1998 – Are you prepared?

General Data Protection Regulation (GDPR) is set to come into effect in 2018, superseding the Data Protection Act 1998 and other Data protection Regulations. Background GDPR is a European Union piece of legislation, that will come into effect on 25th May 2018 regardless of Brexit and the UK leaving the EU. GDPR applies to “controllers” […]

Missed the 31st January Self Assessment deadline?

Taxpayers who missed the 31st January self-assessment tax return deadline for the current tax year, will incur an immediate £100 late filing penalty. This initial fine will be followed by a string of other penalties for failing to submit a tax return online three, six and 12 months after the 31st January cut-off. In total, […]

Making Tax Digital (MTD) to replace Self Assessment returns

HMRC has given the go ahead for its “making tax digital” or MTD program. The MTD plan is expected to launch next year and the transitional costs are expected to be around £280 – £500 per business between 2017 and 2021. Tax returns will need to be made at least quarterly under the plans to […]