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Get a business health check at the start of the tax year

Get a business health check at the start of the tax year

Using up personal allowances is not the only reason you should see your accountant at the start of the tax year; it is also the best time to get a health and wealth check for your business too. The end of the tax year is the busiest time for your business and your...

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The ‘dos’ and ‘don’ts’ of claiming back input tax

The ‘dos’ and ‘don’ts’ of claiming back input tax

Businesses must overcome several hurdles in order to claim back input tax: it’s not just as simple as having a purchase invoice. Any input tax claimed by a business must relate to a supply that has Actually taken place. Claim what should have been charged You can only...

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National Minimum Wage from April 22

National Minimum Wage from April 22

The rates of pay set by the National Living Wage and National Minimum Wage increased on 1 April 2022. Those employers that flout the National Minimum Wage laws risk more than just being forced to repay underpayments. There are significant fines, and HMRC is now...

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National Minimum & National Living Wage

National Minimum & National Living Wage

Around 2.5 million UK workers will receive a pay rise as the National Minimum Wage and National Living Wage increase on 1 April. £1,000 a year pay rise for full-time workers following the largest ever uplift to the National Living Wage for workers aged 23 and over The...

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