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Tax and finance insights

Our take on the accounting issues that matter to you, including guidance on what tax rules mean in the real world and practical tips on running your business.

National minimum wage: what’s changing in April?

In April 2020, the national living wage is set to increase by 6.2%, meaning any employers with staff on this rate will need to adjust their payroll systems accordingly and prepare to manage the extra cost. According to research from the Federation of Small Businesses, small business owners’ most...

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Starting a business from home

Working from home is often a convenient and easy option for new business owners looking to get started. There’s no worrying about additional rent, finding the right location, or even getting to the premises on time each day. With little more than an idea and an internet connection, you can start a...

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P11D forms: a guide for employers

Employee benefits are an important consideration when it comes to attracting new staff, and reporting them accurately is equally if not more important for employers.  If you provide benefits to your staff, you may need to fill in a tax form called P11D. What is a P11D form? The P11D form is used...

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Understanding automatic re-enrolment

Since being introduced in October 2012, auto-enrolment has transformed the way most employees save for retirement. It’s brought workplace pension participation levels to record highs, passing the 10 million milestone in February 2019. If you employ staff who qualify for auto-enrolment, you’ll...

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How to improve your cashflow

Most small business owners know that maintaining a healthy cashflow is important to stay afloat, but it’s not always easy to spot the problems before they turn into something bigger.  Failure to spot these issues makes them harder to manage and more dangerous to your business. That’s the case even...

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