The media has been reporting recently on HMRC inquiries into the employment status of BBC personnel. The inquiries will establish whether workers should be taxed as employees or whether they are self employed. HMRC have always been very clear that employment status is never a matter of choice but is dictated by the employment relationship. So how can you, as an employer or an employee, ensure you are not subject to an HMRC inquiry? …
We are always looking for efficient and cost effective ways of helping small local businesses. Whether it’s by completing timely and accurate VAT returns, taking the headache out of your payroll, getting your Auto-Enrolment sorted by your staging date or even just a chat about how the business is going over a cup of tea and a biscuit! We are here to help your business grow, which is why we have partnered with QuickBooks to bring you faster, easier accounts that you can access at your fingertips and won’t cost you the earth. …
There can't be many business owners who haven't heard about or seen the adverts on television about the workplace pension (Auto Enrolment) but how many think it doesn't apply to them? Auto Enrolment duties do not apply when a company or individual meet the following criteria: …
From 1st October 2016 new minimum wage rates will apply to workers up to the age of 24. The National Living Wage rate of £7.20 per hour which was applicable from 1st April 2016 doesn't change. The National Living Wage must be paid to workers aged 25 and over. …
Business owners need to keep accounts in order to determine their profitability (or not) and to satisfy HM Revenue & Customs requirements so there can't be many business owners who aren't using one of the myriad of accounting software to do this. But using accounting software is not a necessity. …