Automatic enrolment: are you ready?

January 13, 2016

More employers are failing to meet their obligations. The latest report on ‘compliance and enforcement’ from the Pensions Regulator shows […]


The latest pension tax relief rumours

January 8, 2016

There have been more press reports that the Chancellor will reform tax relief for pension contributions in his March Budget. […]


No more wear and tear

December 18, 2015

Landlords of residential property may justifiably be feeling somewhat hard done by right now. If the restriction to tax relief […]


A different type of campaign

December 1, 2015

The latest campaign from HMRC has a different focus to its predecessors. It is aimed at employers who have not […]


Capital vs revenue expenditure

October 21, 2015

Knowing whether business expenditure is revenue or capital is essential to the preparation of accounts, do you know which is which? HMRC has recently updated its guidance on the most common errors.


National minimum wage (NMW) rises

October 16, 2015

The government has announced some of the biggest real-term rises to NMW rates in recent years. From 1 October 2015, the hourly rates for workers aged 18 or over will go up by 3%, with a 2% increase for 16 and 17 year olds.


Pensions freedom

October 2, 2015

The pensions freedom rules are very useful for people in retirement – providing lots more flexibility – but there are dangers if you draw funds without thinking through the possible tax consequences.


HMRC time to pay arrangements – introducing mandatory direct debit

September 29, 2015

Direct debit has always been HMRC’s preferred method of payment for any regular time to pay arrangement. However from 3 August 2015 payment by direct debit is mandatory.


Employers liability insurance: compulsory not voluntary

September 18, 2015

Have you got employers liability insurance? It’s compulsory. If you don’t have this insurance in place, then you can expect to be fined up to £2,500 for every day you are not properly insured.


£40 billion extra tax bill for banks will harm lending

September 14, 2015

Britain’s banks will have been hit by an extra £40 billion tax bill by 2020, in response to the financial crisis of 2007-2009. This may harm their ability to lend to businesses and create new jobs – could this affect you?