HM Revenue and Customs (HMRC) is introducing penalties for employers who report their information late from:
6th October 2014 for employers with 50 or more employees
6th March 2015 for employers with fewer than 50 employees
When Penalties are charged
You can get a penalty if:
Your full payment submission (FPS) was late
You didn’t send the expected number of FPSs
You didn’t send an Employer Payment […]
A key aspect of improving your business is getting reliable financial data that you can understand.
If you are confident in your accounting system you can use the information to make the right financial decisions for your business.
This could help you identify profitable areas of the business to grow and highlight loss making activities where a change in approach, pricing or […]
SAVE TAX by following our Year End Strategies. Download today!
Sensible strategies keep your liabilities to a legal minimum. Contact us for expert tax advice tailored to your personal and business circumstances. […]
Your pension can be the next biggest asset in a divorce after the family home, so it is important that it’s not overlooked. It can be split in various ways and it’s worth understanding the different options.
Beginning again following a divorce can be a daunting time, not to mention a busy one, but it’s crucial that newly single people review […]
What singles you out from the crowd, and makes customers choose you over the competition? We all know we should take the time out to consider our Unique Selling Propositions (USPs), but too often we get bogged down in everyday processes. Here are some tips to help you refocus…
Your USP defines the core of your business, allowing employees and customers […]
Since 30 June 2014 all employees have been able to request flexible working hours, and according to the Department for Business, Innovation and Skills, some 20 million people now have the right to ask to work flexibly.
The new rules extend to all employees the same rights previously reserved for carers and those looking after children. Here are the key points:
Making […]
International trading is often perceived to be confined to the realms of large businesses, but there can be generous benefits for small and medium sized enterprises too. International business can create avenues of opportunity previously unattainable in domestic markets.
Before starting out
To ensure that your objectives are realistic, in-depth market research is essential. You should consider the following key areas:
levels of […]
Wealth Preservation is a complex area and requires professional financial advice. The structures into which you transfer your assets can have lasting consequences for you and your family. We can help you choose structures and trusts designed to protect your assets and give your family lasting benefits.
Although we have tried to simplify the principles in this guide by looking at […]
After taking the appropriate steps to put in place an Inheritance Tax planning strategy, if there is still the potential likelihood of a liability on your estate or if you have made gifts which have created a potential liability for the recipients if you die within seven years, we can help you review how you could fund this liability in […]
Cashflow is critical to the life of a small business. Wouldn’t you love to get paid faster? We have great news for you!
Get rid of the paper. Stop using PDFs. Now, with Xero, you can simply email customers a link to their invoice.
Learn more. Watch the video below to see some of the awesome features and options! And contact us […]