Sep 5, 2022 | Business Start Ups, Expenses, Information, News, PAYE, Vault
Dealing with PAYE is one of the main roles of any accounts department, and HMRC has been busy in this area over the past month, meaning there is plenty for businesses to know for the months ahead. One of the most pressing issues is that PAYE Settlement Agreements are...
Aug 29, 2022 | Business Start Ups, FAQ, Grants, Information, Vault
Many businesses benefited from grants during the pandemic, but how many realise there are other grants they may be able to access at any time to help their business grow and thrive? In fact, there are a large number of grants available across the UK to help businesses...
Aug 22, 2022 | Business Start Ups, Expenses, FAQ, Information, News, Vault
Inflation is a word on many of our lips at the moment as the cost-of-living crisis continues unabated. While the headline rate of inflation – which hit 9.4% in June this year – relates to the average inflation rate suffered by individuals living in the UK, the actual...
Aug 1, 2022 | Information, News, QuickBooks, Tax, Vault
Companies and sole traders who have not yet finalised their plans to comply with Making Tax Digital are in the last chance saloon this month, and the very latest date you have to comply with MTD for paying VAT is August 7. That is the latest date on which you will...
Jul 25, 2022 | Business Start Ups, Expenses, FAQ, Information, Vault
If your business has spent money on plant and machinery and it is subject to corporation tax, then it may qualify for a super deduction which is a temporary allowance you do not want to miss. Qualifying purchases will need to have been made between April 1, 2021, and...
Jul 14, 2022 | Information, National Insurance, News, PAYE, Vault
A change in National Insurance contribution (NICs) levels comes into force at the beginning of July, which should save around 30m people £330 each, according to the Government. From July 6, the amount you can earn before you start paying NICs will increase, which...