| 28-03-2023
Experts at the Government Actuaryās Department (GAD) have focused on pensions taxation, pension fund investment and retirement planning in their analysis of theĀ Spring Budget.
| 28-03-2023
As an employer running payroll, you need to report to HM Revenue and Customs (HMRC) on the previous tax year (which ends on 5 April 2023), give your employees a P60, and prepare for the new tax year, which starts on 6 April.
| 21-03-2023
Following the collapse of Silicon Valley and Signature banks, bank shares in Asia and Europe have slumped, despite the reassurances from Joe Biden. The volatility has led to speculation that the Federal Reserve will pause plans to raise interest rates, designed to halt inflation.
| 21-03-2023
New data laws to cut down paperwork for businesses and reduce cookie pops-up have been introduced by the UK government. The Data Protection and Digital Information Bill was first introduced last Summer and paused in September 2022 so ministers could engage in a co-design process with business leaders and data
| 14-03-2023
The British Standards Institution (BSI) has produced a straightforward āhow toā guide to help you start your business sustainability journey: āThe Little Book of Net Zeroā.
| 14-03-2023
The new tax year starts 6 April 2023, so you have limited time to consider your options and once we pass this date, the majority of the tax planning options for Income Tax and Capital Gains Tax purposes will cease unless actioned this month.
| 14-03-2023
It is that stressful time of year again with the payroll year-end fast approaching. Payroll year-end ties in with the tax year-end, which is 5 April. The deadline for submitting details to HM Revenue & Customs (HMRC) is 31 May.
| 14-03-2023
Businesses should be planning for the rise in Corporation Tax (CT), which comes into force from 1 April 2023, and sees the top rate of tax rising from 19 per cent to 25 per cent. The tax applies to all profitable limited companies ā both from trading income and from
| 14-03-2023
Company car drivers will see changes to the amount they can claim back for fuel costs from their employer from 1 March. HM Revenue & Customs (HMRC) has also confirmed that the way theĀ advisory electricity rate (AER)Ā is calculated has been changed to better reflect energy prices, particularly with soaring electricity
| 07-03-2023
The gender pay gap is the difference between the average (mean or median) earnings of men and women across a workforce. From 2017, if you are an employer who has a headcount of 250 or more on your āsnapshot dateā you must comply with regulations on gender pay gap reporting.
| 07-03-2023
If you are due to file accounts with Companies House, use the online services where possible and allow plenty of time before your deadline. File online before your deadline. Companies House will send you an email to confirm that they have received your accounts. They will send you another email
| 07-03-2023
From 2025, ISDN (integrated services digital network) and PSTN (public switched telephone network) telephone lines will be permanently turned off. This applies to business and home customers.
| 07-03-2023
The new penalties will impact businesses who submit theirĀ VATĀ returns or pay theirĀ VATĀ late. The first monthly returns and payments affected by the penalties are due by 7 March 2023.
| 01-03-2023
HMRC publishes the Employer Bulletin 6 times a year, giving employers and agents the latest information on topics and issues that may affect them.
| 01-03-2023
Fairtrade Fortnight 2023 has begun today, 27 February and lasts until 12 March and the theme this year is food. This means you could focus on any aspect of Fairtrade and food to celebrate Fairtrade Fortnight 2023. This could be, climate change and food production, Fairtrade procurement, or food security
| 01-03-2023
For limited companies, when it comes to making decisions, Company Law states shareholders who own more than 50% can pass a motion at a company meeting regardless of the views of other shareholders and if a shareholder(s) owns 75% or more of the shares they control the company outright and
| 01-03-2023
HMRC state that they have seen an increase in fraudulent claims for Research & Development (R&D) tax relief. They believe companies in certain sectors are being deliberately targeted by third parties to make inaccurate R&D claims as an amendment to their Company Tax Returns. As a result of this, they
| 01-03-2023
The Age-Friendly Employer Pledge is an initiative run by the Centre for Ageing Better to help promote age-inclusive working practices. The programme encourages employers to commit to improving work for people in their 50s and 60s and helps them take the necessary action to help older workers flourish in a