If you choose to offer certain benefits to your employees, then you may incur additional Class 1 National Insurance (NI) liabilities which must be reported to HM Revenue & Customs (HMRC).
Read More »Ahead of the 6 July deadline, remember that P11D rules are changing
Many believe that business plans are only necessary for start-ups and new enterprises.
In a new initiative designed to reduce paper use and unnecessary confusion, HM Revenue & Customs (HMRC) has announced a significant change to the way that taxpayers are notified of a repayment.
April marks both the start of the 2024/25 tax year and Stress Awareness Month – a coincidence not lost on those of you who are turning your attention to tax planning for the coming year.
Read More »Plan a little, achieve a lot – Destress with effective tax planning
Tax efficiency is one of the major deciding factors between different types of companies, particularly for growing businesses which need to minimise costs.
Writing a business plan should be one of your first steps when starting your business. If you have a business without a plan, it’s not too late to make one!
Funding for businesses can come in a range of forms depending on your needs, creditworthiness and projected ability to make repayments. While many business owners… Read More »Funding for growing businesses – Obtaining and managing private investment
With 5 April fast approaching, the pressure is on to make sure that you’ve used all capital allowances available to you in this tax year to reduce your tax bill.Read More »Have you used your capital allowances this financial year?
We have come across this common misconception time and time again from business owners who want to embrace the power of cloud accounting but don’t think it’s right for their business.
Read More »Cloud accounting isn’t right for my business! We disagree.
Are you ready for the end of the 2023/24 tax year?
Read More »Making the most of pension contributions for tax purposes
