Our Spring 2019 Tax Briefing is now available for you to download. In this edition we look at key tax topics as we approach the new tax year and crucial dates around the Brexit process and introduction of Making Tax Digital for VAT. Employee Benefits Vat: Brexit Realities MTD Facts and Fiction Pension Health Check […]
As he delivered the Budget 2018, Philip Hammond joked that he had avoided giving his speech on Halloween night itself because it would have been simply too tempting for the caption writers, and had avoided Christmas because he did not want to appear in cartoons disguised as Santa Claus. Even so, he was determined to […]
The decision by the Supreme Court, to uphold the earlier findings of other courts, against Pimlico Plumbers, in the case brought by a former contractor, could have far reaching implications for the wider contractor market. For those of you that have not followed this case, which has rumbled on for several years now, or if […]
Having identified that they are responsible for almost 50% of the £34billion of uncollected tax in 2015-16, HMRC has confirmed that it is focusing its efforts on around half-a-million small businesses at any time. There are some 5 million small businesses in the UK and the move by the tax man has been criticised by […]
The start of April marked increases for the compulsory payments applicable to employees with the national minimum wage, the national living wage and the minimum contributions for auto enrolment all changing. But there was a curveball to be aware of… Auto Enrolment Minimum Contributions Increased on 6th April With the final staging date for auto […]
The Taylor review, set up by the Government to investigate working practices and the ‘gig economy’, has now reported back to business secretary Greg Clark, with the promise that many of the recommendations will be taken forward and some expanded upon. The review was set up following significant employment cases involving major employers in the […]
It is very hard to ignore the rise and rise of AI (artificial intelligence) but is 2018 likely to be the year that AI becomes truly mainstream? Whether you start your day talking to Siri, Alexa or Google or you work in a factory surrounded by robots, the fact is AI is all around us […]
With the news full of questions about how Carillion continued to be awarded huge contracts despite multiple warning signs of financial failure, we look at what it takes to win the tendering game. In times of uncertainty in the wider economy the public sector can look like an attractive source of stable income and successive […]
Hot on the heels of our award-winning client news last month we are pleased to have been contacted by another client, Claire Featherstone of Chemo Headwear (www.chemoheadwear.co.uk) with news of more awards success. Claire, whose primary business is creating one off dresses for her clients, has now won an award for her work creating hats […]
In case you missed it, interest rates doubled earlier this month to their second lowest ever level… what a sentence. Expected for some time, this is the first of several ‘baby steps’ Governor Carney has been preparing us for, as The Bank of England seeks to balance spending, inflation and GDP growth. Commentators do not […]
Last month we wrote about the lost decade – the ten years since the financial crash of 2008 – and having discussed this theory in meetings with a range of SMEs it feels like the side effect of the lost decade is a numbness to economic uncertainty. That is not to say that businesses are […]