When should you transfer your business from trading as a sole trader to incorporating the company?

Friday, June 7th, 2019

There are long-standing assumptions around when it will be more tax efficient to incorporate and we explore them hear.  By the virtue that even profits of £25,000 would be better off as an incorporated business as there is no requirement to pay Class 4 NI on dividends but you must weigh this up with the […]

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Top 10 Tax-Free Employee Benefits

Monday, March 18th, 2019

Providing a simple way of remunerating your employees and to reward them for loyalty can create an administrative headache.  Finding the most efficient way that does not result in a PAYE tax or National Insurance liability for you or them can take up your valuable time. Q: What can I provide without creating a liability? […]

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Should I outsource my payroll?

Tuesday, March 12th, 2019

How many hours a pay period does it take you to complete your payroll? With April 2019 bringing in many legislative changes in your business is payroll one thing you can clear off your desk and outsource it to a reliable service provider? Q: What changes are coming in April 2019? National Minimum Wages rates […]

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The best bookkeeping tips you’ll ever need

Monday, February 4th, 2019

Running your business and doing what you do I easy right? Well actually yes, it is, if you’re good at making candles and selling them and you love doing it there’s nothing else to worry about it there? Keeping your books and records up to date isn’t important is it? Erm, it’s probably the MOST […]

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Why a shareholders’ agreement is the best way to protect your business

Wednesday, December 12th, 2018

A good friend and colleague once told me these three valuable words – DEATH – DIVORCE – DISPUTE – and nothing can be truer in business.  Let’s look at the 10 reasons you as a shareholder should have an agreement drawn up between you and the other shareholders in your business. A shareholder agreement isn’t […]

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Tomorrow’s accountants

Wednesday, October 3rd, 2018

  Having recently read the published “The accountant of tomorrow – Accountancy in 2028 Survey” results, a survey conducted by Thomson Reuters, it has reinforced what is needed to make any accountancy practice sustainable for the future – progression. Technology is changing, HMRC are changing the way they deal with data, which in turn means […]

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Making Tax Digital

Thursday, September 13th, 2018

  Making Tax Digital Summer is over, kids are back to school and there are 200 days until the Governments Making Tax Digital (MTD) plans come into force. What does MTD mean for you as a business and what do you need to do as a business owner to make sure you comply? It was […]

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Data subject rights requests

Friday, July 13th, 2018

As accountants who run payroll for many clients we could be receiving a lot of Data Subjects Access Requests (DSAR) from current or ex-employees.  What does this mean for us as data controllers? Well under GDPR we must provide the information requested and have a process for doing so.  We don’t have the same exemptions […]

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Our commitment to your privacy

Friday, May 25th, 2018

In line with the requirements of the General Data Protection Regulations (GDPR) we wanted to reassure you about how we use and store personal data. The data we collect, process and store is related to your engagement with us as a client.  The information we collect is to meet legal requirements and for our legitimate […]

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Wednesday, April 11th, 2018

Fascinating blog post from our client – Mark Jennings FIRST TIME BUYERS & THE PROBLEM WITH MORTGAGES  Looking to get on the property ladder but it just seems a distant dream? Well, you are certainly not alone and with increasing deposits and stricter mortgage rules, it seems that generation rent could be here to stay […]

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