Outsourcing our bookkeeping and accounting was a good decision, but even better was outsourcing it to EJBC. They have been efficient, cost effective and flexible from day one, and we are very happy with the service that we receive.

Simon Nutbrown

I was introduced to EJBC by recommendation from a friend and have been with them two years now. I have always found them thorough, helpful and easy to deal with. They always respond quickly when I have a question, and the detail and clarity of the paperwork they have produced for me is a refreshing... Read More

Jeremy Porter

Starting a new business can feel a bit daunting but working with EJBC has been pain free from the beginning, enabling us to get on with building our business and delivering the work. In the beginning, as we got to grips with the practicalities of running the business we regularly rang Emma for... Read More

Angela Greenfield

Potential tax demand scam

30/06/2022 – The Office of Tax Simplification (OTS) is a well-known organisation that provides independent advice to the government … More...

Concerns about tax repayment agents

30/06/2022 – HMRC has launched a new consultation seeking views on proposed measures to address consumer protection issues for people … More...

Claiming Child Trust Fund cash

30/06/2022 – HMRC has published their latest statistics on Child Trust Funds which reveal that whilst 320,000 accounts have now … More...


Reform of Consumer Credit Act
23/06/2022

The government has announced new plans to modernise consumer credit laws to cut costs for businesses and simplify rules for consumers. This will see major reforms to the Consumer Credit Act that regulates credit card purchases and personal loans. A consultation on the direction of reform is expected to be published by the end of the year.

As part of the reform measures, the government intends to move much of the Act from statute to sit under the Financial Conduct Authority – enabling the regulator to quickly respond to emerging developments in the consumer credit market, rather than having to amend existing legislation. 

The reforms will be designed to allow lenders to provide a wider range of finance. For example, by ensuring that lenders are able to provide credit more easily for emerging and new technologies such as electric cars. At the same time measures will be put in place to maintain high levels of consumer protection. 

The reforms will build on the recommendations of the Financial Conduct Authority’s retained provisions report (published in March 2019) and the Woolard Review (published in February 2021) – which both made recommendations for a reformed regime. Leaving the EU has also created new opportunities for regulatory reform and may see some parts of EU retained legislation being repealed or replaced.

Commenting on the reforms, the Economic Secretary to the Treasury said:

'The Consumer Credit Act has been in place for almost 50 years - and it needs to be reformed to keep pace with the modern world. We want to create a regulatory regime that fosters innovation but also maintains high levels of consumer protection. That’s why I have committed to undertake this ambitious long-term reform - and it’s exactly what I’ll deliver.'


Accounts

We specialise in preparing end of year statutory accounts for your business, in line with HM Revenue & Customs legislation:

Sole Traders & Partnerships
Limited Companies
Limited Liability Partnerships
Property Management Companies
Property rental income accounts

Read More

Bookkeeping

We can adivise on the best bookkeeping options for your needs and budget, if you would prefer to do the bookkeeping yourself.

There are a number of excellent options including Sage desktop software and market leading online solutions, such as Kashflow & Xero.

Read More

Payroll

ejbc payroll

We can set-up and run your payroll scheme or advise on:

Setting up a new payroll system
Day to day payroll processing
Dealing with PAYE and NI deductions
Completing your end of year returns
Holiday & Statutory pay
Stakeholder pensions

Read More

Start Ups

Starting a Business is an exciting opportunity but at the same time can be daunting.

Why not let us take some of the stress away. We are on hand from the outset to help you through many of the challenges of getting your business up and running successfully.

Read More

   

  

Search

Contact Us

The Rectory
1 Toomers Wharf
Canal Walk
Newbury
Berkshire
RG14 1DY

Phone: 01635 46174

Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

w3w:///puppy.ridge.priced

Newsletter

With our newsletter, you automatically receive our latest news by e-mail and get access to the archive including advanced search options!

» Sign up for the newsletter
» Login