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...
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- Jan 5
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...
- Dec 21, 2021
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...
- Nov 29, 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 19, 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 16, 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 12, 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 9, 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...
- Oct 28, 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 19, 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 10, 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 5, 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...
- Sep 30, 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...
- Sep 21, 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 19, 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 8, 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...
- Aug 26, 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...
- Jul 5, 2021
Calls to extend support for small businesses
The Federation for Small Businesses is calling on the government to extend its support for small firms after the lifting of lockdown...
- May 23, 2021
Pension statements to simplify in Government overhaul
The Government is to introduce simpler, two-page pension statements to make it easier for savers to understand how their saving for...
- May 13, 2021
Flexibility over right to work checks end on 20 June 2021
The government has confirmed that the temporary COVID-19 adjusted right to work check process will come to an end on 20 June 2021. During...