Wages for Small Employers

Getting your small business payroll right!

It’s not easy for small business owners to keep up with all the legislation of payroll and workplace pensions. The costs have gone up and up with minimum wage and living wage increases, plus the costs of the workplace pension – employers can certainly do without receiving penalties for getting their payroll submissions wrong. However,
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Workplace Pension Postponement Pay Spikes

Postponement is not just for Christmas – Workplace Pensions

When an Employer gives an employee an additional payment to their normal wage or salary, such as a Christmas bonus or overtime payment for additional hours to cover a busy period, this may trigger the requirement to auto enrol them into the workplace pension scheme. However, postponement may be an option in this situation. Eligibility:
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Do I need both an Accountant and Bookkeeper

Do I need a Bookkeeper or an Accountant?

Many small business owners don’t understand the difference between a Bookkeeper and an Accountant which is understandable, as the roles are very close. The ideal solution is to have both. What a Bookkeeper does……….. A Bookkeeper will record all past income and expense that a business has generated, often on a weekly, monthly or quarterly
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Ask your bookkeeper about making tax digital

How to Prepare for Making Tax Digital

If your business is VAT registered, with a rolling 12 months turnover above £85,000, did you know that from April 2019 it will be mandatory for you to keep digital records in relation to your VAT compliance? HMRC is introducing Making Tax Digital for VAT from April 2019. No longer will you be able to
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