by Gary Woosey | Nov 26, 2024 | Blog
HM Revenue & Customs (HMRC) is introducing real-time reporting for benefits in kind (BiKs) starting in April 2026, meaning businesses must prepare for changes in how they manage payroll. These updates aim to streamline tax reporting but bring new challenges and...
by Gary Woosey | Nov 18, 2024 | Blog
The Bank of England’s decision to reduce the base rate to 4.75 per cent has triggered changes to HM Revenue & Customs’ (HMRC’s) interest rates, with late payment and repayment rates due to adjust on 18 and 26 November 2024. For quarterly instalment payments: ...
by Gary Woosey | Nov 11, 2024 | Blog
This month is Career Development Month, a perfect opportunity to focus on upskilling your team. The good news? Building your team’s skills does not need a big budget. Many of the best ways to support career growth are affordable, effective, and easy to put into...
by Gary Woosey | Nov 5, 2024 | Blog
From higher employer National Insurance (NI) contributions to increases in Capital Gains Tax (CGT) rates, the changes announced in last week’s Budget have obvious implications for owners of small and medium-sized enterprises (SMEs). These changes call for a careful...
by Gary Woosey | Oct 28, 2024 | Blog
Expanding a business is something many entrepreneurs dream of, but it is much easier said than done. Scaling up requires careful financial planning to avoid placing unnecessary strain on your business, as without a strategic approach, growth can lead to cash flow...
by Gary Woosey | Oct 21, 2024 | Blog
As we approach the Budget, due to be announced on 30 October, one of the key concerns is the potential impact on inflation. With recent data showing a sharp drop in the UK’s inflation rate, Chancellor Rachel Reeves faces a challenging balancing act as she prepares...
