Blog Archives

Advisory Fuel rates

Advisory fuel rates are HMRC recommended amounts that company car drivers can use to reclaim business mileage. The rate is based on fuel prices every quarter and are revised if required in late February, May, August and November each year.

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Credit card payments for Self Assessment to end

From 13 January 2018 an EU directive which bans surcharges on Visa and Mastercard payments will soon have an effect in the UK, and will force the government into introducing a ban on credit and debit surcharges in the UK.

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HMRC payments at Post office to cease

Santander has withdrawn its Transcash service and as a result, from 15 December 2017 payments to HMRC will no longer be accepted at the Post Office.

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Can we reduce our payroll compliance obligations?

Basically yes you can now. At present employers that provide a Benefit In Kind (BIK) like healthcare or a company car have to complete a P11D at the end of each tax year. In the case of company cars a

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Business rates relief

The Small Business Rate Relief scheme which was to end on 31st March 2016 has been extended until 31st March 2017 according to an announcement from the Government. You can get small business rate relief if you only use one

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Have you paid that invoice twice?

Invoice fraud is costing business millions of pounds every year, and although it’s not a new problem, the situation is getting worse. The fraudsters are targeting businesses because they realise they can get more money from a business than a

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Termination payments – possible changes on the horizon

Many business owners will be aware of the current opportunity to make tax free termination payments to employees on the first £30,000 of income, and not have to pay the employers National Insurance of 13.8 % as well. Not only

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National Minimum Wage (NMW) changes

The National Minimum Wage rate per hour depends on your age and whether you’re an apprentice – you must be at least school leaving age to get it. 21 and over   18 to 20       Under 18       Apprentice* £6.70                £5.30           £3.87             

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SMEs still owed billions in uncollected debt

On the back on the longest and deepest economic downturn in living memory, you might expect companies to have collected every penny of outstanding debt on their books, but that is not the case. Often business owners are reluctant to

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Employment Law update

The legal landscape changes on a regular basis with new cases going through the courts and Government updates being published on a regular basis. Here we bring you an Employment Law update from Gotelee solicitors. https://gallery.mailchimp.com/2e3e7c97f84bebcdc52d13b80/files/Employment_newsletter_July_2015_01.pdf  

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