Reduce your company tax bill by doing a good turn
09 August 2023 | Mrge_Acontants
Charitable giving is something many organisations might not be considering in the current climate, especially as everyone is struggling to pay their bills. But if you have money to spare within your business, then...
BoE base rate rises – has your business account kept up?
02 August 2023 | Mrge_Acontants
The Bank of England (BoE) has raised rates 13 times in a row to June this year, with the base rate reaching 5% – a level not seen since 2008 at the height of...
Keep National Insurance numbers in Apple wallets now
26 July 2023 | Mrge_Acontants
Do you struggle to remember – or find – your National Insurance number when you’re asked for it? If so, you’re not alone. So, it will be a relief to many that HMRC has...
P11D and P11D(b) forms must be filed online by July 6
19 July 2023 | Mrge_Acontants
P11D and P11D(b) forms from April 6, 2023, now need to be filed online by July 6 following a rule change from HMRC. If employers need to make amendments to any returns that have...
Self-assessment thresholds change for PAYE workers
12 July 2023 | Mrge_Acontants
The threshold for people taxed through PAYE who are required to file a self-assessment return has increased from £100,000 to £150,000. Those affected should be contacted by HMRC if they need to change anything....
New tax regime for sole traders and partnerships starts
05 July 2023 | Mrge_Acontants
HMRC is changing the way sole traders and partnerships need to calculate profits for their self-assessment returns. The Revenue will require the profits to be declared for the tax year in question, rather than...
How you can benefit from salary sacrifice
28 June 2023 | Mrge_Acontants
Salary sacrifice is something you may have come across before but not fully understood. After all, why would anyone want to voluntarily give up some of their salary? The reality is that, in some...
Deadline to catch up on National Insurance contributions extended
21 June 2023 | Mrge_Acontants
Anyone with an incomplete National Insurance contributions (NICs) record between April 2006 and April 2016 now has until July 31 to add to their NICs to qualify for a full State Pension after HMRC...
Can hybrid working boost your business?
14 June 2023 | Mrge_Acontants
The pandemic brought a lot of changes to our businesses, some good and some bad. One that has continued to be a topic of conversation is the desire for more people to be able...
Base rate rises again – what it means for business
07 June 2023 | Mrge_Acontants
The cost-of-living crisis is taking its toll across all areas of our lives now. While inflation has fallen very slightly this month to 8.7%, food prices remain stubbornly high, and the Bank of England...
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