LEADER funding is available to support projects that create jobs, help businesses grow and benefit rural economies. The source of the funds is the European Union, but the utilisation of the funds and setting of priorities is dealt with at a local level through Local Action Groups (“LAGs”). The LAGs are also responsible for determining which projects will be funded, and which won’t. There are five LAGs covering Devon, and four for Somerset.
It’s often said by professional in all walks of life – from accountants & solicitors to doctors and even plumbers & electricians – that a little knowledge can be a dangerous thing. This phrase was never more apparent than with a recent case which came across my desk.
After a number of weeks of uncertainty about the future of Government funding for Farmers and a halt being called on all funding applications in progress until clear guidance was received from the Government, it was with great relief that Philip Hammond (Chancellor of the Exchequer) stated on the 16th August 2016 that structural and investment fund projects signed before the Autumn Statement would be guaranteed by the Treasury after we leave Europe. He then went on to say that the Government would match the current level of agricultural funding until 2020, providing certainty to the agricultural community which plays a vital role in our country.
Most of us use technology much more now than we ever have done before and with it becoming so much a part of our lives there is a real possibility that we may become complacent about guarding against the potential risks from internet or mobile phone based fraud.
Here are 5 things that you should bear in mind to try and stay as safe as possible when using on-line facilities.
Right now business confidence in the South West is at an all-time low as company owners and executives absorb the ramifications of Brexit and its potential impact on their operations.
There are, however, a whole raft of compliance rules and regulations on the horizon which business owners must meet head-on in order to minimise any potential negative impacts to their livelihoods.
Below are some key financial dates and deadlines for September.
All small companies with accounting periods commencing on or after 1 January 2016 which have not adopted micro entity accounts will have to implement Financial Reporting Standard 102 (FRS 102). FRS 102 supersedes all previous accounting standards.
The top 5 changes are considered below and in all cases the changes will need to be examined in relation to the current year and associated restatement of the comparative figures. This will typically mean considering these changes as at the yearend, the prior year end and also the year end prior to this to ensure the figures are shown on a like for like basis.
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