by Gary Woosey | Apr 25, 2023 | Tax
Do not be stung when rewarding employees. Avoid penalties on employee benefits by correctly submitting P11D forms. ‘Benefits in kind’ are great perks for employees and a great way for employers to show their appreciation for hard work and valuable contributions. But...
by Gary Woosey | Apr 18, 2023 | Tax
As a small business owner, you will be in charge of many things and must juggle many responsibilities. From managing employees to targeting new customers, there are countless tasks that require your attention. One aspect of running a successful business that cannot be...
by Gary Woosey | Apr 11, 2023 | Tax
If you run a business in a tourist hotspot, you need to get prepared for the summer. As the days get warmer, your business is likely to see a surge in demand. But what can you do to get ready? Recognise the trends The first step in managing seasonal changes is...
by Gary Woosey | Mar 15, 2023 | Tax
Just a few days short of the third anniversary of the first Covid lockdown, Chancellor Jeremy Hunt rose to the Despatch Box to deliver the first full Budget to have taken place in 504 days and the first unaffected by the immediate impact of the pandemic since October...
by Gary Woosey | Feb 21, 2023 | Tax
Having general accounting knowledge is crucial for any business owner, especially during tax season. Understanding common accounting terms is highly beneficial, as you will identify how they relate to your business and how it is performing. To help, we have compiled a...
by Gary Woosey | Feb 14, 2023 | Tax
Are you planning on claiming the UK state pension? You must check your National Insurance (NI) record before 5 April 2023. Are you eligible for the UK state pension? To be eligible for the maximum ‘new state pension’, you must have 35 qualifying years of NI...