Digital fraud: What do you need to know?
14 Mar 2023
Digital fraud, also known as cyber fraud or online fraud, refers to any type of fraudulent activity that takes place in the digital space.
Avoid stress and prepare for payroll year-end
10 Mar 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.
Make voluntary National Insurance contributions to ensure pension entitlement
10 Mar 2023
People planning to claim the UK state pension have been advised to check their National Insurance (NI) record to identify any shortfalls in their payment history. NI contributions, or lack of them, can affect a person’s entitlement to the state pension in
R&D tax reliefs are changing in April – Are you ready?
10 Mar 2023
Chancellor Jeremy Hunt announced many R&D tax changes in his Autumn Budget, including how the funding is allocated, which will be implemented in April. He announced changes to the rates paid by the Research and Development Expenditure Credit (RDEC) for
Businesses must be prepared for imminent changes to Corporation Tax
10 Mar 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
Employers brace for uplift to the National Minimum Wage
10 Mar 2023
Workers across the UK will get a pay rise from April as higher National Minimum Wage (NMW) rates are introduced. According to the Government, around two million of the UK’s lowest-paid workers will benefit from the rise in the National
Fuel rate boost for electric car drivers, but other advisory fuel rates cut
10 Mar 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 the advisory electricity rate (AER) is calculated has been
Have you made your voluntary National Insurance (NI) contributions?
10 Mar 2023
You will now have more time to make any voluntary National Insurance (NI) contributions, as the deadline has been extended. A Written Ministerial Statement on 7 March 2023 announced that the original deadline of 5 April 2023 has been pushed
Travel expenses: What do you need to know?
7 Mar 2023
Travel expenses are costs incurred by an employee whilst travelling on behalf of their company, which is away from their usual place of work.
Are you handling your records effectively?
2 Mar 2023
Effective financial record keeping is crucial for any business owner to maintain compliance with tax regulations and gain a clear understanding of their financial status.
