Blog
Blog articles
Never stop learning
Our blog will help you to find new and exciting ways to improve your business operation. Whether through articles from our in-house tax experts, a list of top tips for improving your business workflows, or just updates from the world tailored with our opinions, there is something here for everyone.
Tax E-News – June 2023
SHOULD DIRECTOR/SHAREHOLDERS #TAX ADVANTAGE OF THIS LOWER RATE?
The HMRC rate of interest on beneficial loans looks very attractive compared to the Bank of England Base rate of 4.5% and much higher rates charged by banks for unsecured loans.
Will new tips rules affect your business?
Will new tips rules affect your business?
A new Act on tipping has been passed with the aim of ensuring that more of what customers leave as tips go to staff. Does this mean you need to update your payroll processes and are there any changes to how tips are taxed?
Tax E-News – May 2023
Welcome to the May edition of Tax E-News. We...
Artificial Intelligence – Can it work for your business?
With the new wave of artificial intelligence (AI) technology, there’s an opportunity to automate many routine or administrative tasks and improve the overall efficiency of your business.
Do you have to pay employees for overtime?
You don’t have to pay overtime providing you check that you will still be paying the employee at least the hourly national living or minimum wage rate when those extra hours are factored in. To avoid confusion, if employees have to work additional hours to get their job done ensure that their employment contracts specify whether those additional hours are paid and at what rate.
Recruitment tips in a changing environment
The UK employment rate was estimated at 75.8% in December 2022 to February 2023, 0.2 percentage points higher than September to November 2022. The increase in employment over the latest three-month period was driven by part-time employees and self-employed workers.
HMRC Cracking Down on R&D Claims
Companies that undertake research and development (R&D) should be aware that more information will be required when claiming the associated tax relief from 1 August 2023. What’s changing?
Managing inheritance tax
Managing inheritance tax Like many other taxes,...
Pension Arrears Could Mean Tax Bill
A large number of people have been underpaid their state pension. Payment of what’s owing is underway but if you receive such a payment, it may give rise to an income tax bill. What’s the issue?
Contact us