For many years, we have provided funding through the Menzies Charitable Foundation to help our communities by making donations to local worthwhile causes. Our policy has always been to support local causes and to fund projects that result in tangible outcomes and real benefits to the people in our communities. We have never wanted to […]
In his speech he provided an update on the economy and responded to the Office for Budget Responsibility forecasts. In addition he launched consultations on various aspects of the tax system. In this publication we concentrate on the tax consultations that were announced either at Spring Statement or in recent weeks. We are also taking […]
The Chancellor Philip Hammond presented the his Spring Statement on Tuesday 13th March 2018 In his speech the Chancellor was keen to point out that he wanted the tax system to be fair, particularly in relation to the distinction between employed and self-employed individuals. The Menzies Tax Rate card outlines the business and individual tax […]
FRS 102 Revisions Revisions to FRS 102 arising from within the Financial Reporting Exposure Draft 67 (“FRED 67”) will see acquiring companies in business combinations being given the option to recognise fewer intangible assets than they had been required to previously. These revisions are being implemented by the Financial Reporting Council (“FRC”) in response to […]
In March 2017 the FRC published FRED 67 which contained amendments to FRS 102. These were finalised on the 14 December 2017 and can now be early adopted. If a company chooses to early apply FRED 67 all amendments must be adopted. The effective date is for periods beginning on or after 1 January 2019. […]
For many years, we have provided funding through the Menzies Charitable Foundation to help our communities by making donations to local worthwhile causes. Our policy has always been to support local causes and to fund projects that result in tangible outcomes and real benefits to the people in our communities. We have never wanted to […]
