top of page
Search


Changes to claiming Subcontractor Construction Industry (CIS) deductions
HMRC have issued recent guidance on changes to claiming subcontractor Construction Industry Scheme (CIS) deductions as part of their...
Jan 19, 2022


What limited company expenses can I claim?
Limited company expenses are allowable expenses that your business can claim, helping you reduce your corporation tax bill. You subtract...
Jan 5, 2022


April 2022 Statutory Maternity, Paternity and Sick Pay rates published
The government has published the proposed statutory rates for maternity pay, paternity pay, shared parental pay, adoption pay, parental...
Dec 21, 2021


Government confirms state pension rate for 2022 to 2023
The Department for Work and Pensions (DWP) has confirmed that the state pension will rise by 3.1% next April, in line with the consumer...
Dec 6, 2021


Mileage and Fuel Allowance
If you're looking at mileage allowances for business use of employees own vehicles, and reviewing or planning your finances, please feel...
Dec 2, 2021


The rising wages impact on small business
Last month, it was announced that next April (1 April 2022) the National Living Wage and the National Minimum Wage are set to increase....
Nov 29, 2021


Student loan repayment guidance for employers
HMRC has updated its guidance for employers on what deductions to make for employees who have more than one student loan plan. If your...
Nov 19, 2021


Pension age protection window closed
Changes to the normal minimum pension age (NMPA) are set to come into effect from 2028. The Treasury has closed the opportunity for...
Nov 16, 2021


Payroll RTI Reporting: Exception to the rules
HMRC have issued a reminder to employers that in respect of PAYE Real Time Information (RTI) filing, the contractual payment date should...
Nov 12, 2021


HMRC publishes new guidance for businesses using temporary workers
Many businesses use recruitment agencies to source temporary workers. These agencies may choose to outsource the administrative burdens...
Nov 9, 2021


Autumn Budget and Spending Review
Rishi Sunak delivered his third budget as chancellor to the Commons on Wednesday 27 October 2021 where he announced a series of measures...
Oct 28, 2021


Autumn Budget 2021 - Early indications, announcements and more.
Rishi Sunak will deliver his budget and spending review to the Commons this Wednesday and the Chancellor has already announced a series...
Oct 25, 2021


Budget 2021 predictions
The Chancellor, Rishi Sunak, will reveal his Budget and Autumn spending review to the Commons on 27 October 2021, The government spending...
Oct 20, 2021


Salary sacrifice 'may mitigate the NICs rise'
Salary sacrifice arrangements could help lessen employees’ additional tax bills from the rise in National Insurance contributions (NICs)...
Oct 11, 2021


What will be in the upcoming Autumn budget for small businesses?
The second Budget in 2021 will be announced alongside a spending review on 27 October 2021. With the UK still recovering, what could be...
Oct 5, 2021


Chancellor announces extension of Kickstart Scheme
Businesses have been given an extra three months to take on young employees through the government funded Kickstart Scheme after Rishi...
Oct 1, 2021


NIC increase: What it means for small businesses
If you're an employer, the rate changes could make the process of hiring staff more expensive. Looking ahead, you will likely need to cut...
Sep 22, 2021


COVID Sick pay rebate scheme set to close.
The government scheme enabling small businesses to recoup statutory sick pay costs due to coronavirus were closed at the end of the...
Sep 20, 2021


PM announces 1.25% National Insurance hike
National Insurance contributions will rise by 1.25% to pay for the social care system in England, with the levy expected to raise about...
Sep 8, 2021


Government considering a National Insurance rise to fund social care
The Government could increase National Insurance contributions (NICs) by 1% for both employers and employees, a report has claimed. The...
Aug 26, 2021
bottom of page