skip to Main Content
Merry Christmas! Our offices will be closed from 1pm on Christmas Eve, reopening on Tuesday 4 January.

Latest News

Insights from our payroll experts

What do the temporary changes to statutory sick pay rules mean for your business?

The Government has reintroduced the Statutory Sick Pay Rebate Scheme and made some temporary changes to the sickness absence reporting regulations, which may affect your payroll processes. Introduced to support businesses facing higher than expected absences due to the new…

Read More

The National Minimum Wage – Don’t get caught out by April’s changes

More than 200 employers were named and shamed by the Government at the end of 2021 for failing to meet the National Minimum Wage (NMW). The employers that underpaid workers did so in the following ways: 37 per cent –…

Read More

Income tax basis periods – What unincorporated businesses need to know

All unincorporated businesses, including sole traders, the self-employed and trading partnerships, will be taxed on profits generated in the 12 months to 5 April (or 31 March) each year from 2024-25. Here is what you need to know: The Government…

Read More

How the penalty system for late tax submissions is changing

Under new rules set by the Government, the system of penalties for VAT and Income Tax Self-Assessment (ITSA) are changing. The new system of fines is aimed at tackling non-compliance by taxpayers who repeatedly fail to meet their obligations to…

Read More

Accountants critical to the success of SMEs

Small and medium-sized enterprises (SMEs) are the lifeblood of the country, accounting for 99.9 per cent of all businesses across the UK. At the start of 2021, there were estimated to be 5.6 million UK private sector businesses. But they…

Read More

Be prepared for changes to Corporation Tax in 2023

The 2023-24 tax year may seem a long way off, but it is important that companies are prepared for changes to the system a little more than year down the line. The main rate of Corporation Tax (CT) will rise to 25…

Read More

Cash no longer king as card payments surge in lockdown

Whether it is down to the spread of the Coronavirus or just a general trend to a more cashless society, card payments have boomed in the last couple of years. While restrictions were in place, hardly anyone accepted cash and…

Read More

Give yourself Time to Pay

Taxpayers who are unable to pay their Self-Assessment (SA) bill can use the option of paying by instalments with a Time to Pay arrangement with HM Revenue & Customs (HMRC). If you cannot pay a Self-Assessment tax bill you can make…

Read More

Plan B – What does it mean for you and your business?

As infection rates of the Omicron COVID-19 variant rise across the UK, the Government has decided to implement its Plan B measures to restrict the spread of the virus. Although this announcement was expected, and details of it widely publicised…

Read More

Should payments made by an employee for vehicle and uniform rental be treated as reductions when calculating the National Minimum Wage (NMW)?

Well according to a recent Employment Appeals Tribunal (EAT), yes, they should. In this latest case, a taxi driver in Watford was employed by a firm, which dictated that as part of his conditions of employment he was required to…

Read More
Back To Top