Help to Grow – Digital Scheme (HGDS)
What does the Scheme aim to do? What cost does the discount not cover? What is the eligibility criteria? The person applying for the discount must be: What is the Financial Assistance threshold? What is the De Minimis threshold? What are the approved software types? Who are the approved CRM suppliers? Who are the approved […]
Three alternatives to a pay rise
As inflation rises and the cost of living crisis bites, accountancy firms could consider alternatives to pay rises with share schemes as one option There are three options that could potentially help employers and employees alike: 1. Consider enterprise management incentives (EMI) Employees are granted options to acquire shares at a point in the future […]
The “Coca-Cola” Van Case
The result of the case The Court of Appeal found in favour of HM Revenue & Customs (HMRC) that certain types of modified crew cab vehicles should not be classed as ‘vans’ for income tax and national insurance purposes but as cars instead. Click here for judgement1. What does the tax legislation say a van […]
The New HMRC late payment penalty regime
1. LPP What is the aim? To bring the LPP regime in line for both VAT and income tax. When will the new penalty regime start? For VAT – From 1st January 2023. From an income tax perspective, for those self-employed and property landlords who will be caught by Making Tax Digital for Income Tax […]
The Muddied Termination Waters
When employers make an employee redundant and a ‘redundancy payment’ is made, it is easy to make the wrong decisions on the tax and national insurance (NI) position of such a payment, especially if it is made up of several constituent parts. There has been many a HMRC enquiry further on down the line which […]
Cost of Living Support
The Energy Profits Levy A windfall tax will be charged on the profits of oil and gas companies at a rate of 25%. The levy will raise around £5 billion over the next year. It will be used as part of the package to support people struggling with rising energy costs. There will be a […]
Business tips: Trading in a different country
Are you ready to trade in a new country? Here are the important things to get right before you go international with your operations.
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#businesscoaching #businesssuccess #entrepreneurlife #businessideas #onlinebusiness #businessadvice #entrepreneurmindset #growyourbusiness #smallbusinesssupport #smallbusinessowner #abundancemindset #businessintelligence #business #networking #connections #success #webdesign #help #startup #planning #people #like #productivity #future
Business tips: Have you achieved your goal for the business?
Have you achieved the goal you set out to achieve as a new startup? We’ve posed 5 important questions for you to ask yourself – before you take the next step in your business journey.
#remotework #team #work #leaders #planningforthefuture #businesstips #businessgrowth #businessstrategy #smallbusinessowner #smallbuisness #smallbiz #smallbiztips #growthstrategy #goalachievement #entrepreneurship #successmindset #smartbusinessowner
#businesscoaching #businesssuccess #entrepreneurlife #businessideas #onlinebusiness #businessadvice #entrepreneurmindset #growyourbusiness #smallbusinesssupport #smallbusinessowner #abundancemindset #businessintelligence #business #networking #connections #success #webdesign #help #startup #planning #people #like #productivity #future
Taking out cash for Directors vs Sole Traders
If you’ve just moved from being a sole trader to a director, you may get caught out when withdrawing cash from the business. The rules are different. We’ll help you tick all the right boxes and keep your finances compliant. #directorspay
Have you got a strategy for a financially stress-free holiday period?
Holiday breaks are a time to re-charge for the year ahead. However, for some business owners, holidays can be a stressful time for cash-flow. Have you got the strategies in place to ensure you are in the best financial position this year?
