Our accountancy blog is updated monthly with our opinions on a variety of issues affecting our clients and the industry sectors we cover.
With the new tax year still in its infancy, it is worthwhile making sure you are up to date with all the new rates and regulations in relation to payroll requirements. National Living Wage & Minimum Wage On 1 April 2019 the national minimum wage and national living wage rates were increased across all bands. […]
With the 5 April tax year end approaching now is a good time to review your personal ﬁnances and how to minimise your tax liabilities. It may seem like a recurring theme but there are usually opportunities, large or small, which can make a diﬀerence. Business Structure Ensuring you have the correct business structure can […]
From 1 April 2019 all VAT registered businesses with taxable turnover over the VAT threshold, currently £85,000, must provide their VAT return data to HMRC digitally. Our recent seminars, held in conjunction with two of the leading software providers Xero and Farmplan, provided advice on how to make the switch from manual accounting records. At […]
When couples have a child, many are unaware that equal time oﬀ is a legal right. Michael Beveridge and Natalie Weir, who both work at our Berwick oﬃce, became the proud parents of Poppy Ann in April 2018. Both were happy to share their experience and hopefully encourage more couples to consider the option. From […]
Giving up part of your monthly pay might sound a little odd, but it can make ﬁnancial sense. And likewise, for those businesses who look to improve beneﬁts for their employees, salary sacriﬁce schemes are an option worth considering. What is salary sacriﬁce? Salary sacriﬁce schemes allow employers to oﬀer non-cash beneﬁts to employees who […]