Inspira UK is a professional services consultancy focusing on bookkeeping and management accounting for growing businesses...with 95% client retention rate and over 65 years of experience.

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February 27, 2014

HMRC urges small businesses to use simpler accounting such as Cash basis and Simplified expenses

HM Revenue and Customs (HMRC) introduced two new income tax schemes: Cash basis and Simplified expenses from 2013-2014 tax year onwards. The aim of the Cash basis and Simplified expenses schemes is to save small business owners time and money, particularly those providing services, such as hairdressers, window cleaners, taxi drivers, gardeners, painters and decorators, […]

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February 25, 2014

CIMA has introduced a new syllabus for its professional qualification

The Chartered Institute of Management Accounts (CIMA) has updated its syllabus for its professional qualification as well as to introduce new assessment methods. One of the main arguments for the introduction of the CIMA new syllabus, which will take effect in January 2015, is to bridge the skill gap of newly qualified management accountants, meeting the […]

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February 24, 2014

HMRC helpline for those affected by the floods

On Christmas Eve 2013 the South West of England was battered by fierce storms.  The high winds and heavy rain caused power outages, road closures and travel disruption.  Many families had their Christmas dinner by candlelight. As January got underway there was no let up in the extreme weather,  water levels kept rising and more rivers burst […]

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