It is Tuesday 22nd March; I don’t usually work on a Tuesday but I am today! When I come in, the first thing I do like most people is open up my computer, the emails are always the first thing to load, my first email was from Hollie telling me I had been picked out… Continue reading My day is never boring.
The following Tax Events are due April 2016: Business Tax Events PAYE quarterly payments are due for small employers for the pay periods 6th January 2016 to 5th April 2016 What this means for you? This deadline is relevant to small employers and contractors only. As a small employer with income tax, national insurance and… Continue reading Tax Events due April 2016.
Staying on top of the book-keeping is often an overlooked part of business, with a mad rush around deadline time to get everything up to date. However, in order to better understand your business and ensure you are maintaining a healthy profit margin, keeping on top of your records is key. We recommend you therefore… Continue reading ‘Spring’ your business forward with a fresh look at book-keeping
On Wednesday 16 March 2016, George Osborne delivered his eighth Budget. I will be the first to admit that I was expecting this to be a spending- rather than tax-focussed budget. In fact, I was wondering how much there would be for me to write a blog about, particularly as we have the “tax lock”… Continue reading Budget 2016: Move over Ranieri, there’s a new “Tinker Man” in town!
From 6 April 2016, HMRC have introduced a new relief which is designed to save Employers money if they employ Apprentices. If you employ an apprentice you will not need to pay employer Class 1 national insurance contributions (NICs) on their earnings up to £827 a week (£43,000 per annum) which will obviously save you… Continue reading National Insurance & Apprentices.
Most people don’t realise how important it is to keep submitted documentation up to date at Companies House. There have been recent subtle changes too which makes it easier for Companies House to strike a company or LLP from the register. What happens if the company record is not kept up to date? If the… Continue reading THE IMPORTANCE OF SUBMITTING FORMS ON TIME TO COMPANIES HOUSE
As HMRC seem to have a vendetta against cars, it is often not tax efficient for a business to own a car and pay for all of the running costs, when it is made available for private use, unless you want a low emissions car (below 95 g/km), and who wants one of those? It… Continue reading The Ins and Outs of Mileage Rates