Are you paying the minimum wage?

Did you know the the National Living Wage (NLW) and National Minimum Wage (NMW) increased from 1 April 2019? From that date, the NLW, payable to workers aged 25 and over, is set at £8.21 per hour.


Will your summer party be tax-free?

In the interests of keeping their staff happy and engaged, some employers organise a summer party. It’s worth considering the statutory exemption which exists and potentially makes it a tax-free benefit.


Tax and using a work’s van

If an employee uses a work’s van for private use, which usually means home-to-work travel, there’s a taxable benefit and a subsequent tax charge.


Tax-free taxis

As an employer do you ever provide your employees with a taxi either to or from work? Possibly for special occasions or related to late night working? Did you know doing so they could trigger a tax liability?


Making Tax Digital – what do you need?

VAT registered businesses with VATable turnover above the VAT registration threshold of £85,000 are required to comply with the requirements of MTD for VAT from the start of their first VAT accounting period beginning on or after 1 April 2019.


Reducing your payments on account

Under the self-assessment system, a taxpayer is required to make payments on account to HMRC – advance payments towards the eventual tax and National Insurance liability for the given year.


Using the cash basis – is it for you?

The cash basis is a simpler way of working out taxable profits compared to the traditional accruals method. The cash basis takes account only of money in and money out – income is recognised when received and expenses are recognised when paid.




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