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Insights from our payroll experts

Self-Assessment taxpayers warned over fraudsters trying to steal information

Self-Assessment taxpayers have been warned to be on their guard against fraudsters trying to steal their information. Over the last year, HM Revenue & Customs (HMRC) received nearly 900,000 reports from the public about suspicious HMRC contact, which included phone…

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PAYE Settlement Agreement can save time and costs

For busy small businesses, a PAYE Settlement Agreement (PSA) offers a simpler alternative to pay your employees. It allows you to make one annual payment to cover all the tax and National Insurance due on minor, irregular or impracticable expenses or benefits for…

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Homes price boom sparks a big rise in Inheritance Tax receipts – What can you do to save tax?

Campaigners are angry over the fact that more and more people will be drawn into paying Inheritance Tax (IHT), after a big rise in receipts. They are angry that Chancellor Rishi Sunak has frozen the IHT nil rate band and…

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Eight New Year’s resolutions that businesses should follow

Every year many of us decide to set a New Year’s resolution. Perhaps it is losing weight, going vegetarian or putting extra money away in your savings. Of course, inevitably, life can get in the way and it is easy…

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Prepare now for the final stage of MTD for VAT

The final stage of Making Tax Digital (MTD) for VAT is just a few short months away. From 1 April 2022, even the smallest VAT registered business will need to comply with the quarterly digital recording and reporting of VAT…

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Take advantage of the extension to the Recovery Loan Scheme

Find out how your businesses can benefit from this Government-backed funding. Although much of the COVID-19 financial support has been withdrawn, the Government still wants businesses to access funding to aid their recovery. That is why the Chancellor, Rishi Sunak,…

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Autumn Budget 2021

With the Speaker of the House of Commons by tradition not presiding over the Budget, the Chancellor might have hoped he would escape a rebuke over the number of important announcements disclosed to the media in advance.
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Worried COVID Plan B may affect you or your business?

The pandemic and its restrictions have placed a strain on all of us. It is not surprising that many fear the return of more measures that restrict our lives and businesses. There is growing concern that we are heading towards…

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Kickstart Scheme and apprenticeship incentives extended

Speaking at the Conservative Party Conference in Manchester, the Chancellor, Rishi Sunak announced extensions to both the Kickstart Scheme and incentives to employers to take on apprentices. The Kickstart Scheme Government support for the Kickstart Scheme, which helps employers offer…

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Managing business costs – what the energy and supply crisis may mean for your company

The last month has highlighted the challenges that many businesses face when it comes to supplies and costs. Visions of people filling up plastic bottles with petrol or pulling trolleys of toilet rolls to their car may seem bizarre but…

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