by Gary Woosey | Nov 1, 2022 | Tax
Many UK employers are topping up pay packets of valued employees with a cost-of-living payment when they are unable to offer a pay rise. The Chartered Institute of Personnel and Development (CIPD) summer Labour Market Outlook for 2022 found that 15 per cent of...
by Gary Woosey | Oct 25, 2022 | Uncategorized
With SMEs throughout the country struggling to grow and maximise profits, given the economic headwinds, fraud could be a major problem. According to the Metropolitan Police, fraud can come from anywhere, including: Staff members Customers Suppliers Third parties,...
by Gary Woosey | Oct 18, 2022 | Tax
Recent plans to reintroduce tax-free shopping for international visitors in the UK have been scrapped. Last month, former Chancellor, Kwasi Kwarteng reintroduced tax-free shopping as part of his mini-Budget. However, the new Chancellor, Jeremy Hunt, repealed this...
by Gary Woosey | Oct 11, 2022 | Tax
When running a business, ensuring you get VAT right is vital. So, how can you make things easier? Designed to streamline record-keeping, the VAT Flat Rate Scheme allows you to pay or claim back a simplified fixed rate of VAT to HMRC. This typically allows you to keep...
by Gary Woosey | Oct 4, 2022 | Uncategorized
Acting as a silver lining amidst a storm of uncertainty, the crashing pound is likely to attract more US visitors to the UK, it has been suggested. The pound plunged to a record low against the dollar after the Chancellor, Kwasi Kwarteng revealed a wide range of tax...
