HMRC Tightens The Noose

HMRC’s drive to reduce tax losses continues apace with the recent announcement that more than £3bn has now been collected from the use Advance Payment Notices (APN’s).   Advance Payment Notices are a relatively new tool at HMRC’s disposal, having … Read More

Buy To Let Investors – Trouble Ahead

From 6 April 2017, many buy-to-let investors will see their tax liabilities rise significantly – please don’t be caught out. In Brief From this date, landlords of residential property will be prevented from claiming their mortgage interest and related finance costs. … Read More

Childcare Costs – Changes Ahead

Long-heralded changes to tax relief for childcare costs are looming on the horizon.  We are often asked if this is a good thing, and as ever the answer is “it depends”! Where Are We Now? At present, the only forms … Read More

Auto-Enrolment – Workplace Pensions

What Is It? Auto enrolment represents the biggest change to workplace pensions in decades. By law all employers will be required to set up a workplace pension scheme, and enrol all eligible jobholders into the scheme.  As the employer you … Read More

Employee Benefits

The deadline for employers to file their benefit in kind forms (6th July) is fast approaching. If you are providing your employees (including directors!) with any form of benefit, then you are almost certain to have file forms P11D with HMRC by … Read More

Starting Your Business

When starting a small business, you have a few choices on how to legally structure it. You can structure your business as a sole trader, limited company, or a partnership. What you decide on will have a significant effect on the amount … Read More

Hiring Staff – 5 Things To Think About

The prospect of taking on your first employee can seem overwhelming.  Here are our top five tips: 1. Employment contracts When taking on your first employee, it is essential to ensure that you properly protect you and your business by … Read More