A Staff Summer Party Can Be A Tax-Free Benefit

A Staff Summer Party Can Be A Tax-Free Benefit

Your organisation may have an annual Christmas party for staff, but the tax rules also allow staff parties at other times of the year which are a tax-free benefit if certain conditions are satisfied. The exemption applies to an annual party (for example, a Christmas...
New VAT Rules for the Construction Sector

New VAT Rules for the Construction Sector

Under new rules due to come in on 1 October 2019 builders, sub- contractors and other trades associated with the construction industry will have start using a new method of accounting for VAT. Under the new rules, supplies of standard or reduced-rated building...

Creating an Employer Brand

The businesses that attract the best talent all have one thing in common – a great employer brand. All businesses have an employer brand – it’s what your employees, customers, suppliers, peers and potential employees say about your business. A strong...

More Complicated Pension Rules

There is a complication for those individuals who have started drawing income from certain money purchase pension schemes. A new £4,000 limit introduced from 6 April 2017 restricts the amount that they can save in their pension and receive tax relief. Our concern is...

Scaling Up Your Business

How do you scale up your business and take it to a new level? A scale-up business is any firm that is looking to grow in terms of market access, revenues, and number of employees, adding value by identifying and realising new opportunities. Scale-up businesses are the...

Managing Employees Who Have a Side Hustle

A recent study suggests that 25% of employees in the UK are running at least one business project alongside their day job. A side hustle is defined as a secondary business or job that brings in, or has potential to bring in, extra income. It is particularly popular...