Welcome

Welcome to the MAS Associates website.
We are a friendly, family business, giving our clients a caring service. Having established a successful accountancy practice, based on client recommendation, we fully appreciate our clients are not accountants and take time to explain our services in simple, everyday language. 

Never too busy to talk to you, our staff are always only a telephone call away to deal with any queries our clients may have, or to arrange an appointment either at our offices or your premises. All our work is undertaken on a fixed fee basis, so you know exactlly what the cost will be.

For larger clients monthly payment terms are available in order to ease client's cash flows. We hope you enjoy browsing our site and find the information here useful. Please feel free to contact us for a free no obligation consultation to discuss any requirements you may have.

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Important VAT Return filing changes

VAT returns for businesses with a turnover of at least £100,000 will need to be filed electronically for all VAT periods commencing on or after 1st April 2010.Businesses will need to enrol with HMRC for this and will need a computer with internet access. MAS Associates are pleased to provide an electronic filing service at no additional cost to our clients. Further details about the changes can be found on HMRC's website at http://www.hmrc.gov.uk/vat/vat-online/index.htm . For further information about our free electronic filing service call us on 01543 683631.

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VAT Changes

The standard rate of VAT changes to 17.5% on 1st January 2010. The VAT fraction will revert to 7/47. There are also changes to reporting requirements for those businesses dealing with cross border transactions within the EEC. If you require assistance with making these changes please call us on 01543 683631. Further information can be obtained from the HMRC website by following these links: http://www.hmrc.gov.uk/vat/forms-rates/rates/rate-changes.htm for the standard rate change and http://www.hmrc.gov.uk/vat/cross-border-changes-2010.htm for the cross-border VAT changes.

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Financial News


Fortis fined €576,000 by Dutch regulator
Belgian insurance group reveals it was fined €576,000 by the Dutch financial regulator, which ruled that it had misled investors about its financial position in 2008

Myners to toughen bank pay disclosure rules
Tens of thousands of UK investment bankers could be caught by a new government proposal that banks should disclose pay details for anyone earning more than £500,000 a year

 


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