£56 million overpaid in pension tax
In the second quarter of 2023, overpayments on pension tax in the UK reached £56 million. This was an increase … Continue reading £56 million overpaid in pension tax
The benefits of Employee Ownership Trusts
Introduced in 2014, Employee Ownership Trusts (EOTs) provide an attractive alternative to traditional business succession strategies, offering a series of … Continue reading The benefits of Employee Ownership Trusts
Eight ways your accountant can boost the success of your business
Accountants are often seen as guardians of tax and compliance. However, their expertise extends far beyond these areas. They can … Continue reading Eight ways your accountant can boost the success of your business
What you need to know about the High-Income Child Benefit charge and the upcoming changes
The High-Income Child Benefit Charge (HICBC) is a tax that affects households where at least one person with parental responsibility … Continue reading What you need to know about the High-Income Child Benefit charge and the upcoming changes
Why companies fail to pay the National Minimum Wage and how to avoid the same mistakes
The Government recently named over 200 companies for failing to pay the national minimum wage (NMW). The list includes firms … Continue reading Why companies fail to pay the National Minimum Wage and how to avoid the same mistakes
Management accounts: The importance of having a clear view of your business during uncertain times
In times of economic uncertainty, businesses should have a clear plan to ensure that they can navigate any potential financial … Continue reading Management accounts: The importance of having a clear view of your business during uncertain times
