Christmas parties, summer barbecues and other annual staff events may qualify for a £150 per-head tax exemption. Here are the rules you need to follow.
Resources – News & Articles
A selection of business news and articles to help make your business a success
Mortgage Lenders Start a Price War – What This Means for You
Interest rates went up significantly in the last year, to the current Bank of England base rate of 5.25%, but in a change that is welcome for those looking to buy a house or remortgage, some lenders have begun a price war. Halifax and HSBC were two of the first...
Could You be Better Off by Claiming Marriage Allowance?
HMRC is encouraging those who are either married or in a civil partnership to check whether they could be up to £252 a year better off by claiming Marriage Allowance. It has launched a Marriage Allowance Calculator to help those who are unsure double check what they...
Dealing with a debt hangover from Christmas? Do this.
The festivities are over, all the food has been eaten, presents exchanged, and you will probably have already taken your Christmas decorations down. But for many people, the lasting legacy of Christmas isn’t just a few extra pounds around the midriff, but a lot of...
Autumn Statement NICs Changes in Detail
The biggest tax cuts announced by the Chancellor in his Autumn Statement were in NICs, where self-employed people will no longer pay Class 2 NICs at all from April 6, 2024. Class 4 NICs will be reduced from 9% to 8% from the same date. Class 1 employee NICs – which...
Big Plans for Private and State Pensions
Pensions are set to have one of the biggest overhauls in recent memory, as the Chancellor also announced a consultation on plans that would bring significant changes to pensions in the UK. The biggest change would be a Lifetime Pension, more colloquially known as a...
Chancellor Announces Tax Cuts and Business Boosts
Chancellor Jeremy Hunt announced several tax breaks for individuals and businesses in this year’s Autumn Statement ahead of the General Election next year. While they will help to put a little more money back into our pockets, other decisions made over many years, on...
Advance Valuation Rulings On Imported Goods
Importers of goods to the UK from overseas no longer need a business tax account to get an Advance Valuation Ruling for their goods. The rulings, which last for up to three years, mean traders and agents can act with legal certainty on the value of the goods they are...
Tax Advice Error Could Impact Your State Pension
Group income protection policies taken out through employer salary sacrifice schemes have been wrongly treated for tax thanks to incorrect advice given by HMRC to the Association of British Insurers back in October 2019. Even though HMRC corrected this advice in...
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