Supporting Small Business at Christmas

Supporting Small Business at Christmas

It feels good at any time of the year but there’s something special about supporting small business at Christmas Behind all small businesses are real actual people And knowing you’re putting smiles on their faces always results in a warm fuzzy feeling It’s important too Why is Supporting Small Business at Christmas important? They employ […]

2022 Autumn Statement

2022 Autumn Statement

Today (17th November 2022) the Chancellor delivered his 2022 Autumn Statement.  In it, he announced significant changes to taxes and allowances.  Let’s take a look at some of the main points. 2022 Autumn Statement for Individuals The chancellor announced a range of tax threshold freezes, including for income tax and inheritance tax for a further […]

Tax reliefs on electric cars

Tax reliefs on electric cars

First year tax reliefs on electric cars currently provide an incentive for businesses to replace existing vehicles with electric versions.   For around the past 20 years, first year allowances have been available for low emission cars purchased for business use. The current rules enable tax relief to be claimed for 100% of the vehicle’s […]

UK Mini-Budget 2022

UK Mini-Budget 2022

The Chancellor announced significant changes to tax rates in his ‘UK mini-budget 2022’.  Let’s take a look at some of the main points. UK Mini-Budget 2022 for Employees and the Self Employed For employees and the self-employed, last year’s increase in national insurance contribution rates was reversed and there are cuts to income tax rates […]

Employer PAYE new recurring Direct Debit functionality

Employer PAYE new recurring Direct Debit functionality

HMRC will shortly introduce an Employer PAYE new recurring Direct Debit functionality in line with its Payments Strategy. This ensures that a consistent set of payment options are available to all customers. Currently employers can set up a Direct Debit to collect a single payment, but not a recurring Direct Debit. There have been some […]