From our blog

April 18th, 2017

Auto enrollment pensions – how they work

There has been a lot of information recently about the need for an employer to have a new compulsory Auto Enrollment Pension Scheme but not much about how they work. What is an Auto Enrollment

April 18th, 2017

The vat flat rate scheme is not dead

The VAT Flat Rate Scheme as introduced 12 years ago to make life easier for small businesses and the inspectors who had to cope with their bad bookkeeping The Scheme as it was Under the Flat Rat

March 27th, 2017

Spring budget 2015 – highlights

The pre-election, 2015 Spring budget has announced lots of new projects for the future and extended some already announced, here are the highlights. There is a lot on Personal Tax

January 16th, 2015

How long do you need to keep records for?

Insurance companies have now set up a database to retain records of employer’s liability insurance for the requisite 40 years to remove that burden from the employer. They have been

October 20th, 2014

New eu vat rules from 1st january 2015 – the moss scheme

From 1st January 2015 VAT rules are changing for the supply of Digital Services to the public. Digital Services has been defined as covering but not being restricted to Broadcasting

September 9th, 2014

Child benefit clawback

Back in 2012 HMRC decided to introduce a new stealth tax. The target was high earning parents, in particular single income families, from 7th January 2013. Every parent is entitled to child

August 12th, 2014

What to do when a new employee starts

There have been a lot of rule changes recently on what to do when a new employee starts so here is an update on important issues. Data Collection You are now obliged to collect the following

June 23rd, 2014

Surplus cash in your company

HMRC have given us an insight into how they would consider cash surpluses within a company following official responses to articles written on the subject. Inheritance Tax On the death of a

June 13th, 2014

What is a budget? what is a business plan?

A Budget A budget is a fixed limit on spending. You know you can not afford more so you fix yourself a budget. If your income is fixed e.g. when you are on a fixed salary, then budgeting is