by Gary Woosey | Jan 16, 2024 | Blog, Payroll, Tax
If you employ one or more people for paid work, it’s essential that you have a properly managed payroll. Representing a significant cost to businesses and of high importance to employees, labour costs must be managed correctly – which includes paying the right amount...
by Gary Woosey | Jan 9, 2024 | Blog, SME, VAT
Businesses must remain compliant with the requirements for reporting and paying VAT, especially with the regular quarterly for VAT under Making Tax Digital. HMRC’s efforts to maximise tax revenues have intensified, with over 3,000 staff added to its customer...
by Gary Woosey | Jan 2, 2024 | Blog, SME
Now that we have entered 2024, our accounting team has been making their predictions and discussing how best to advise our clients on preparing for upcoming challenges. Before we make predictions on SME prospects for 2024, however, let’s look back on last year to...
by Gary Woosey | Dec 19, 2023 | Blog, SME, Tax
Hybrid vehicles are becoming an increasingly attractive option for businesses. With changes in company car tax bands and the environmental benefits they offer, hybrids are a step towards sustainability and a smart financial decision. Understanding company car tax ...
by Gary Woosey | Dec 12, 2023 | Blog, Finance, Hospitality, VAT
HM Revenue & Customs (HMRC) has recently issued letters to restaurant and takeaway businesses across the country, emphasising the importance of correctly applying VAT on hot food. This move comes amidst potential confusion amongst business owners regarding the...
