Resources - Blog

A selection of great tools, business guides and articles to help make your business a success

Google reviews
IHT thresholds frozen to 2030 and pensions in by 2027

IHT thresholds frozen to 2030 and pensions in by 2027

Inheritance tax is one of the most unpopular taxes in the UK, as many people will pay 40% tax for the first time after they have died. The confirmation in the Budget that the IHT threshold of £325,000 will be frozen until 2030, and that any unused pension that is...

HMRC’s Gifts for the Employer’s Christmas party

HMRC’s Gifts for the Employer’s Christmas party

Each year there are a number of items you can claim for when you’re planning the firm’s Christmas party, and looking at this ahead of the festive season can result in savings for your business. To be exempt, the party must be open to all employees, be an annual event...

National Insurance increases for employers from April 2025

National Insurance increases for employers from April 2025

One of the biggest announcements in the Budget was the increase in employers’ National Insurance Contributions (NICs) from April 2025, which will result in serious cost increases for the majority of employers affected. Employers will pay NICs on an employee’s earnings...

First Labour Budget 2024 – the changes announced

First Labour Budget 2024 – the changes announced

Labour Chancellor Rachel Reeves delivered her first Budget at the end of October.  This was also the first Budget ever delivered by a female Chancellor of the Exchequer, with Britain’s wealthiest people and businesses being asked to pay the most. National Insurance...

New rules on tipping mean staff will get every penny

New rules on tipping mean staff will get every penny

Business owners whose staff are given tips by customers must now ensure every penny given goes to the workers and none of it is kept by the business owner. The rule change, which came into effect on October 1, is expected to add around £200m to the pockets of workers...

Just six months left to top up state pension back to 2006

Just six months left to top up state pension back to 2006

Anyone with an incomplete National Insurance record between 2006 and 2016 has until April 5, 2025, to top up their National Insurance (NI) payments to get the maximum state pension. Ordinarily, voluntary NI top-ups can be made for up to six years to complete an NI...

Tax relief claims on employee expenses changed

Tax relief claims on employee expenses changed

Employees on PAYE who need to make expenses claims can no longer currently make their claims online, and instead will have to use a postal system to deal with HMRC. Anyone who has out-of-pocket expenses for their job is entitled to claim tax relief on these from HMRC....

Rules on fraudulent payments change from October

Rules on fraudulent payments change from October

New protection rules which came in on October 7 mean banks will now refund qualifying Authorised Push Payment (APP) payments where someone has unwittingly paid a fraudster. The rules apply to transactions made between UK accounts using the Faster Payments system –...

Autumn Budget 2024 – Round-Up!

Autumn Budget 2024 – Round-Up!

Today’s Autumn Budget, delivered by Labour’s Chancellor Rachel Reeves, marks the first Labour Budget since 2010 and the first ever by a female Chancellor. The Budget centres on two core goals: Tackling a £40bn deficit in the Whitehall budget through tax adjustments...

Ready to join us?

Whether you’re a contractor, freelancer, or small business, Bright Ideas can help remove the burden of time-consuming and complex finances. We’ll draw on our years of knowledge and experience earned helping sole traders just like you.

When you choose us, you’ll be assigned a dedicated Account Manager who’ll provide one-on-one support that’s customised to your business. Communication is key, so we’ll always answer your questions or requests as soon as we can. In fact, we offer a same-day response guarantee for emails and calls received before 3pm.

Contact us to get started

Give us a call us or send an email today!

Looking to Switch Accountants?

Does your current accountant give 1-to-1 support? Are they fast and thorough?
Slap-dash services hold businesses back, so try our expert accountants instead. We make the transition simple, get in contact with us today and we’ll start the process.

Start the conversation

Let’s make your finances Brighter

Call us Monday to Friday 9am - 5pm

0161 669 4221

Request a call back