Is your partnership tax-efficient?
Tax efficiency is one of the major deciding factors between different types of companies, particularly for growing businesses which need to minimise costs.
Redundancy changes for new parents
The law surrounding redundancy for new parents is set to change from 6 April.
The seven steps to a successful business plan
Writing a business plan should be one of your first steps when starting your business. If you have a business without a plan, it’s not too late to make one!
Have you used your capital allowances this financial year?
With 5 April fast approaching, the pressure is on to make sure that you’ve used all capital allowances available to you in this tax year to reduce your tax bill.
International Day of Mathematics – Do you need to be good at maths to be an accountant?
A very common question you hear is, “Do you need to be good at maths to be an accountant?”
What are the implications of MTD for ITSA for SMEs?
The introduction of Making Tax Digital for Income Tax Self-Assessment (MTD for ITSA) is going to create some upheaval within the SME sector. No doubt, some of you are already using MTD-compliant software to file your taxes or your accountant
The Employment (Allocation of Tips) Act 2023 – Understanding the impact on pay in the hospitality sector
In a significant development for the hospitality industry, the Employment (Allocation of Tips) Act 2023 (the Act), which received Royal Assent on May 2, 2023, is set to revolutionize tipping payment practices across the UK. Due to come into force
Economic Crime and Corporate Transparency Act 2023 – Companies House changes now in effect
The initial provisions of the Economic Crime and Corporate Transparency Act 2023 came into effect on 4 March 2024. These updates mandate that from 5 March 2024, every company must, when submitting their next Confirmation Statement (form CS01): Provide a
Run your business from home? Get to know your VAT entitlement
If you are a business owner and work or run your business from home, then you may be entitled to reclaim VAT on certain costs. In practice, this means that you can reduce the amount of VAT you have to
Holiday accrual to come in for zero-hours workers
Following changes to the Working Time Regulations 1998 in January 2024, further amendments are set to come into force on 1 April 2024 relating to leave entitlement for workers on irregular hours. Upcoming changes will apply to workers on zero-hours
