Further changes to National Insurance Contributions (NIC) kick in from July this year and will be a welcome boost for most taxpayers who suffered an increase in April.
Continue readingAccountancy
How can cloud accounting reduce business costs?
Businesses across the UK are feeling the squeeze of increasing energy bills and raw materials, especially as the inflation rate recently hit 9 per cent.
Continue readingPayroll: how to get it right
One of the key things that small and medium sized businesses (SMEs) need to get right is payroll.
Continue readingEight 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 to lose track of the promises you set yourself. However, if there is one goal,…
Continue readingHomes 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 residence nil rate band at £325,000 and £175,000, respectively, until 2026, while the value of…
Continue readingPAYE 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 your workforce. According to HM Revenue & Customs (HMRC), if you get a PSA for these items, you…
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How hospitality can cope with strikes and staff shortages
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New blog 📣 A staff shortage is still blighting the leisure and #hospitality industry’s post-pandemic recovery. So, how can the industry cope with the strikes and #staffshortages? Find out at bit.ly/3OCGg21 pic.twitter.com/WBcufLyOfT
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