Have you been thinking of setting up your own business for a while now? You are not alone many entrepreneurs sit on their ideas for months or even years before taking any action. Some people can’t find the time to start a business as they may work 40 ... [Continue Reading]
Temporary staff over Christmas
If you are intending to pay a Christmas bonus, employ temporary staff over Christmas, or your existing staff are working extra hours, be aware that this might cause issues with Workplace Pensions (Auto-Enrolment). Every member of staff, even if ... [Continue Reading]
Christmas gifts and VAT
With the festive season rapidly approaching, you may be hosting parties for staff and possibly clients. For loyal customers and generous suppliers gifts are often given. What is the VAT position, and are there any steps that can be taken to avoid a ... [Continue Reading]
MTD – Making Tax Digital
HMRC is sending letters about MTD (Making Tax Digital) to all businesses in the Loughborough area which are registered for VAT and have a turnover in excess of the VAT threshold of £85,000. The letter is basically saying that MTD is coming and your ... [Continue Reading]
Budget summary 2018
Phillip Hammond has delivered his third budget as Chancellor. What does the budget mean for you? Personal taxation and wages National living wage will be increased by 4.9%. It will go from £7.83 to £8.21 an hour in April ... [Continue Reading]
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