The introduction of FRS 102 (the Financial Reporting Standard which replaces all current GAAP standards) represents a major re-write of UK GAAP and could substantially affect reported profits and tax liabilities.
From 2015/16 the Marriage Allowance was introduced for married couples and civil partnerships. This allows one spouse to transfer 10% of their personal allowance to their partner - reducing their tax by up to £230.
Chloe Hickman, a trainee accountant at our Northamptonshire office was nominated for the Association of Accounting Technicians (AAT) Apprentice of the Year.
Telephone: +44 (0) 1536 461900
Telephone: +44 (0) 1733 397300