Making Tax Digital for Business, now known as MTDfB, will begin in April 2019 but that doesn’t mean you can forget it until then.  Now is the time to start thinking about what you need to do in your business to meet the new reporting requirements. MTDfB starts with businesses which are VAT registered and […]

The recent demise of Carillion and the possibility of Toys R Us going in to administration because they can’t pay their £15m VAT bill highlights how large as well as small companies struggle with cash flow.  All businesses rely on their customers to pay them for the work they have done so that they can […]

I have been asked several times recently how much to pay someone both in terms of a new employee and as a pay rise.  There are really 3 things to consider when you are deciding what to pay: 1. What is the going rate of the pay for the type of position in your area? […]

Our recent seminar, New Year, New Business – A Guide for Startups, was very successful despite the unplanned power cut across our area that morning!  The presentation without electricity became a very relaxed informal discussion around the table.  Candles would have been good but the emergency light and a small window gave everyone just about […]

Employers should be planning ahead for the national minimum wage and pension contribution increases which will take effect from April 2018. The new rates will be: Age 25 and over £7.83 per hour, increased from £7.50 per hour Age 21 to 24 £7.38 per hour, increased from £7.05 per hour Aged 18 to 20 £5.90 […]

Owning a business means staying on top of the details, not the least of which are all the different tax deadlines throughout the year. Avoid paying interest and penalties — know when and what you’re required to file. Check out our 2018 tax calendar for the most common business taxes due each month to help […]

February 2018 sees the last group of employers reaching their Staging Date and auto enrolling eligible employees into a Pension Scheme. But what happens to those employers who haven’t put a pension scheme in place by their Staging Date?   The Pension Regulator has a very good website which will help you to understand your legal responsibilities […]

We are already one week into 2018 but what did 2017 bring us that we can celebrate and learn from? Personally I can celebrate the commitment my team have to our clients and their professional and friendly approach to the work they do.  I have a team of people who are good at what they […]

Having some time off over Christmas and New Year allows time to think and plan.  New ideas are born and business plans developed.  Its an exciting time for new businesses.  The early stages of development and the prospect of doing something for yourself is motivating. But it can be daunting too and whilst there is […]

Back in the summer we began discussing what we might do for our team building event this year.  For the past two years we have been to the Escape Rooms in Salisbury after our annual training and development day which has been really good fun.  But this year we wondered what we could do that […]