Engaging your employees is very important if you want to keep them on board. The traditional reward for good performance is a pay rise and while most employees would welcome this, managers need to give that little bit extra to particularly strong employees. Pay rises might boost performance for a period of time, but they […]
24
Dec
Dec
Hashtags were first created by an early Twitter user as a way to keep up with new abbreviations and trending phrases. While they were originally implemented into the Twitter platform, hashtags can now be used across a wide variety of social media sites. The proliferation of hashtags is truly incredible. What began on Twitter has […]
Business Taxes, PAYE
Payrolling of Benefits In Kind & Collection of unpaid Tax through your Tax Code!
21
Dec
Dec
Payrolling Benefits In Kind Legislation to require employers to report Benefits in Kind in real time as opposed to the end of year form P11D was included in the first Finance Act of 2015. However, there are concerns amongst accountants that this should not be mandatory until 2017/18 at the earliest, as many employers are […]
21
Dec
Dec
The Government is concerned that many small businesses are not taking advantage of the generous tax breaks for undertaking R&D. For this reason they have introduced a new “Advance Assurance” process to check whether the company’s activities qualify for relief. Feel free to contact us if you wish to discuss this further.
16
Dec
Dec
The new Blackberry Priv is BlackBerry’s first Android phone. That means you get BlackBerry’s best productivity features, like BlackBerry Hub and Blend, and supreme security, plus access to around 1.5 million Android apps. Not only do you get more apps than ever, Android also gives you the flexibility to personalise everything about your device. The […]
14
Dec
Dec
The Enterprise Investment Scheme allows unconnected investors to obtain a 30% set off against their income tax liability up to £1,000,000 investment each tax year. So a £10,000 investment reduces the investor’s income tax liability by £3,000. I n addition, provided those shares are held for at least 3 years, the gain on disposal of […]
09
Dec
Dec
Regardless of the type of firm that you run, business risk is inherent. It is unavoidable and it must be identified and managed correctly. As they say, if it can go wrong, it will go wrong! The best business managers see the risks and take precautions, but they also consider the relationship between risk and […]
07
Dec
Dec
HMRC have recently announced that they have wound down their business record checks and will no longer initiate new checks using this process. HMRC say that they “remain committed to helping businesses to keep better records”. At the same time HMRC have updated their factsheet on compliance checks. ….But they can still visit Business Premises […]
30
Nov
Nov
Where a company makes a trading loss that cannot be relieved against other profits that year, or the previous year, the unrelieved loss can be carried forward against future profits from the same trade that incurred the losses. This carry forward also applies where the trade is transferred to another company under common control (basically […]