by katy | Feb 26, 2024 | HMRC, News, Uncategorised, Uncategorized
The Economic Crime and Corporate Transparency Act became law in October 2023. Since then, Companies House have been getting ready to introduce the measures brought in by the act. Companies House have introduced the first set of changes to take effect from 4 March...
by katy | Nov 23, 2023 | News, Tax, Uncategorised
Personal & employment taxes As predicted, the Chancellor announced some cuts in relation to the taxes facing individuals: National InsuranceClass 1 employees’ National Insurance contributions (NICs) to be cut by 2% from 6 January 2024 (down to 10%), meaning those...
by katy | Aug 14, 2023 | Companies House, HMRC, News
CICs (Community Interest Companies) and charities are both legal structures that can be used if you wish to set up a social enterprise. The choice between the two is dependent on a number of factors – In this article, we’ve highlighted the key...
by katy | May 18, 2023 | HMRC, News, Payroll, Tax
For some time, it has generally been the case that dividends have offered company owners and directors a cost effective and flexible remuneration option compared to a bonus or salary. The gap between the two has narrowed in the past few years, and with the recent...
by scott | May 9, 2023 | Accounts, Bookkeeping, HMRC, News, Tax
Incurring expenses it’s unavoidable when running a business. There are ways to reduce the impact of these expenses by offsetting allowable costs against your tax bill. Here are some common expenses that are tax deductible: Expenses for staff parties...
by katy | Apr 18, 2023 | HMRC, News, Tax