The Pensions Regulator has released the latest quarterly bulletin covering compliance and non-compliance with auto enrolment.  An increasing number of small and micro employers are reaching their Staging Date and many are leaving it very late to set up a workplace pension.   During the period July to September 2016 The Pensions Regulator issued £3,728 […]

So many business owners think keeping their accounts or “doing the bookkeeping” is just entering data and therefore anyone can do it.  But is it just data entry or is there more to it than meets the eye? Having been a bookkeeper for many years I know there are numerous business owners who think keeping their accounts is data […]

Why is training so valuable?  We learn all the time while we go about our daily work and for us in particular we are constantly working with clients who have different types of business and different needs.  Our responsibility to our clients is to know, as far as we can, the HMRC rules which could affect […]

Why is training so valuable?  We learn all the time while we go about our daily work and for us in particular we are constantly working with clients who have different types of business and different needs.  Our responsibility to our clients is to know, as far as we can, the HMRC rules which could affect […]

The media has been reporting recently on HMRC inquiries into the employment status of BBC personnel.  The inquiries will establish whether workers should be taxed as employees or whether they are self employed. HMRC have always been very clear that employment status is never a matter of choice but is dictated by the employment relationship. […]

We are always looking for efficient and cost effective ways of helping small local businesses.  Whether it’s by completing timely and accurate VAT returns, taking the headache out of your payroll, getting your Auto-Enrolment sorted by your staging date or even just a chat about how the business is going over a cup of tea […]

There can’t be many business owners who haven’t heard about or seen the adverts on television about the workplace pension (Auto Enrolment) but how many think it doesn’t apply to them?   Auto Enrolment duties do not apply when a company or individual meet the following criteria: You are a sole director company with no […]

From 1st October 2016 new minimum wage rates will apply to workers up to the age of 24.  The National Living Wage rate of £7.20 per hour which was applicable from 1st April 2016 doesn’t change.  The National Living Wage must be paid to workers aged 25 and over. Workers aged 21-24 will see their […]

Business owners need to keep accounts in order to determine their profitability (or not) and to satisfy HM Revenue & Customs requirements so there can’t be many business owners who aren’t using one of the myriad of accounting software to do this.  But using accounting software is not a necessity.  If you only have a […]

As a self-employed person do you ever wonder what expenses you are allowed to deduct from the income you earn?  Do you worry that you are not claiming everything you could?  Or perhaps worry that you are claiming things that you shouldn’t? So what sort of things could you claim against your income?  HM Revenue […]