Get your tax in order as National Insurance rises
28 Apr 2022
With the arrival of April’s payslips in people’s pockets, the recent rise in National Insurance will be clear to see. As of this month, individuals and businesses will pay an extra 1.25p in the pound. The Government says the increase
Hospitality business owners: how should you distribute tips between staff members?
22 Apr 2022
When starting up a hospitality business, it is important to factor in that some customers may choose to tip members of staff.
Discovery assessments: Catch up with the latest changes
20 Apr 2022
Discovery assessments look set to be applied to the High-Income Benefit Charge under new legislation set out by the Government.
Corporation Tax: could you be missing out on tax reliefs?
14 Apr 2022
Knowing which taxes your business is liable for can feel a bit overwhelming, which can result in you not recognising opportunities to save on tax.
Generous tax incentives for investing in higher risk enterprises
13 Apr 2022
With the cost of living rising steeply and taxation at its highest level for decades, tax breaks are welcome, particularly for those looking to invest their money in business.
HMRC to launch new mandatory P87 expenses form
8 Apr 2022
HM Revenue & Customs (HMRC) is to launch a new mandatory P87 form from 7 May to create a consistent standard for the P87s it receives. What is a P87 form? Workers and their agents can use a P87 form
R&D Tax Credits – What is changing next year
8 Apr 2022
Several important changes are happening to research and development (R&D) tax reliefs in April 2023, which could affect what income qualifies for R&D tax relief that businesses need to account for in their plans. These new measures are still being
Looking to start a new business? You aren’t alone
8 Apr 2022
The majority of adults will have flirted with the idea of starting a business and becoming the next Branson or Musk. That idea would have been firmly buried for many during the pandemic, but new figures show that nearly 13
Getting to grips with the new National Insurance and Dividend Tax Rates
8 Apr 2022
National Insurance and Dividend Tax rates have increased by 1.25 percentage points as of 6 April, as part of the new Health and Social Care levy. These changes have brought additional complications to the payments of National Insurance Contributions (NICs)
How can you finance a new business?
8 Apr 2022
Financing a new venture is a challenge, even harder in the current climate of high inflation, global uncertainty and the backdrop of war in Europe. Difficult, but not impossible. With planning, careful research and the right advice, you should be
