If you are looking at extending property , you need to take note…… Once the Christmas period is over, thoughts can move to thinking about how to make improvements to the home or, perhaps, looking at an extension to an existing dwelling. However, what many homeowners don’t realise is that, depending on the work being…

Date posted: December 14, 2018 | Author: | No Comments »

Categories: Insurance Tips Payroll and Accounting Tips

Could being prepared for the Minimum Wage Increase April 2019 help you maintain a good Gross Profit Margin? With the festive season upon us it is hard to think about what we need to address in April, but by looking at the new Minimum wage now you could make sure your Gross Profit doesn’t take…

Date posted: November 30, 2018 | Author: | No Comments »

Categories: Payroll and Accounting Tips

Tax Relief brings some Christmas Cheer! As the Christmas season is rapidly approaching here’s a quick reminder of what is tax deductible and what isn’t! Christmas Parties The rules on Christmas parties depend on who is invited… Staff – the main tax implication of staff Christmas parties is whether you need to report the cost…

Date posted: November 23, 2018 | Author: | No Comments »

Categories: Accountancy Tips Payroll and Accounting Tips

GAP insurance can protect against a financial shortfall in the event a vehicle is written off. It’s not just the dealerships who provide GAP insurance…… GAP insurance can be offered to new and used vehicles and can protect against a financial shortfall in the event a vehicle is written off. The motor insurer’s total loss settlement figure…

Date posted: November 16, 2018 | Author: | No Comments »

Categories: Payroll and Accounting Tips

Are you an Employer paying employee’s a fixed salary? There’s only 5 months to go until the new legislation comes in that requires all employees to be provided with itemised payslips. On the 8 February 2018, a new statute was laid before Parliament: The Employment Rights Act 1996 (Itemised Pay Statement) (Amendment) Order 2018. Currently,…

Date posted: November 8, 2018 | Author: | No Comments »

Categories: Payroll and Accounting Tips Payroll Tips

Allowances Personal Allowance – the personal tax-free allowance for UK residents will increase to £12,500 from 6th April 2019. Higher Rate Threshold – the higher rate tax threshold for UK residents will increase to £37,500 (£50,000 including personal allowance). Income Tax rates and thresholds on non-savings, non-dividend income for Scottish taxpayers are set by the…

Date posted: October 30, 2018 | Author: | No Comments »

Categories: Payroll and Accounting Tips