Archive for January, 2012

PAYE Tax Calculations

HM Revenue and Customs

Since July 2011 HM Revenue & Customs (HMRC) has been sending out P800 Tax Calculations for the tax year 2010-11.

HMRC are also making repayments of tax to customers who overpaid tax for the years 2003-04 – 2007-08.


Exit Strategy

When you’re setting up your business it’s essential to think about how you’ll ultimately end your involvement with it.

A well thought-out exit strategy can help you to maximise the value you get from your business, successfully market your business to potential buyers or investors and ensure you end your involvement with as little disruption to the business as possible.

Regardless of whether your exit occurs due to a planned schedule or you are forced to make a move for unexpected reasons, the decisions you make when setting up can affect how easy it is for you to eventually exit your business.

We at REACT Accountancy can help Business Start-ups with strategy, business planning and looking forward to an ultimate exit from the business.

We would be happy to discuss your needs and all first consultations are free.

CIMA in Joint Venture with AICPA to form CGMA


The Chartered Institute of Management Accountants (CIMA) has joined forces with the American Institute of CPAs (AICPA) to form the Chartered Global Management Accountants designation.

This game-changing move represents one of the most significant landmarks in CIMA’s history and the alliance combines the strength of the AICPA in North America with CIMA’s presence in Europe, the Middle East, Africa, Australasia and Asia.

The AICPA is the largest professional accountancy body in the world and CIMA is the largest institute representing management accountants so the joint venture makes perfect sense.

The CGMA designation therefore provides a truly global profile for management accountants.

In the fast paced business environment, management accountants provide the discipline and insight to propel businesses to long term success.