Small Business Accountancy Blog From RIFT Accounting in Kent

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  • The First RIFT Accounting Filming Day

    Lights Camera Action

    On Thursday 12 Feb we completed our first client filming day in Ashford. Huge thanks to the brave First Four: Dakota Blue Consulting. GMG Network, Host Magazine from G and C Media and Social Marley. You can read more about each of them below, and watch this space for the premiere!

  • Accounts and Accountability

    Small Body Transparency

    Small public bodies like parish councils, fire and rescue authorities and even police services are expected to present full reports of how they're managing their affairs. With the public purse strings tightening and dwindling budgets all over the public sector, small public bodies can expect their accounts to be under ever-closer scrutiny.

  • Ben Towers: The Origin

    Tales From The RIFT: Thrilling Adventures in Accountancy Part 1

    He's got nerves of pure steel... He's got the strategic brilliance of a Chess grand master... We're pretty sure he once punched an evil robot's head right off... He's the unstoppable Ben Towers and we’ll be keeping you up to date with his thrilling adventures every month in Tales From The RIFT!

  • Challenger Banks

    Challenger Banks

    Enter the challenger banks - and unlike their increasingly timid bigger brothers, some of them don't even have doors to slam in your face!


    VAT MOSS: The rules on VAT have changed for tax on digital services within the EU.

    Okay, assuming you can hear us over the screaming and the panicking and the huge chunks of falling sky, it's time we talked about VAT MOSS, and how (or if) it affects you. Since the 1st of January, the rules on VAT have changed so that tax on digital services within the EU is based on where the purchaser is, rather than the seller. It's actually a move designed to stop large businesses from routing all their sales through low-VAT countries to minimise the tax they pay. Unfortunately, it's having a lot of unintended knock-on effects on small businesses.

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