Small Business owners need just as much help and support from their accountants as the likes of Tesco, in fact in many cases, more so. So many small business owners don’t use their accountant enough, often this is through fear of the cost. It’s true that nothing in life comes for free, but imagine if […]
So you have had enough of employment, maybe you have lost your job and struggling to find another or maybe you have decided it is time to start your own business, which ever reason it is you are going to need all the help you can get. In the UK there are current 5.4 million […]
Did you know that Small and Medium Sized UK businesses have claimed nearly £1 billion in R&D Tax Credits, wow, now speaking as someone who runs a family run business that’s one hell of a lot of money, so have you had your slice, our clients have! Oddly enough, with all this money on offer […]
According to the Department for Business the UK private business sector is at record levels with 5.5 million of us, yes, we are just like you a UK small business, actually I really hate that description, ‘small’, we are, like many of you a family owned business!! In the last six years privately owned business […]
With effect from 1 October 2016 the following national minimum wage and national living wage hourly rates take effect: Age From 1 October 2016 Previous Rate National Living Wage £7.20 £7.20 Main rate for workers aged 21-24 £6.95 £6.70 Rate for 18-21 year olds £5.55 £5.30 Rate for 16-17 year olds £4.00 £3.87 Apprentice rates […]
HMRC has issued its new Advisory Fuel Rates that take effect from 1 September 2016. As fuel prices rise HMRC has now revised some of the rates upwards. For the latest HMRC Advisory Fuel Rates please click here.
There is currently a telephone scam where a recorded message is left, allegedly from HMRC, stating that HMRC are bringing a lawsuit against the individual and is going to sue them. The recipient is asked to phone 0161 8508494 and press “1” to speak to the officer dealing with the case. This scam is becoming […]
From 6 April 2016 Dividends just got a whole lot more complicated… Historically dividends have been paid out with a tax credit attached, which meant, as long as you stayed within the basic rate of tax you had no further personal tax bills, well I guess this current government thought the family run business owners […]