Category Archives: Uncategorized

Dynamic PAYE Tax Coding

Dynamic PAYE Tax Coding

Under the PAYE ‘Real-Time Information’ scheme employers report to HMRC electronically before making any salary or wage payments. To ensure that the right amount of tax is deducted the employer uses the Code issued by HMRC. However, every PAYE Code Number is an estimate, since HMRC cannot guarantee the allowances or deductions included in the […]

Pension And Minimum Age

pension and minimum age

Increasing the normal minimum pension age The normal minimum pension age (NMPA) is the age at which most pension savers can access their pensions without incurring an unauthorised pension charge (unless they take their pension earlier due to ill-health). A registered pension scheme cannot normally pay any benefits to members until they reach the NMPA […]

Understanding IR35

understanding IR35

Are you sure you are not affected by IR 35 Legislation? 01 April 2021 IR35 is much ignored and confused legislation and will impact many businesses on 01 April 2021.  Those businesses that provide services to a client through intermediaries must understand this.  Even if you provide services directly to the client, this may impact […]

The Importance of Having a Good Accountant For Restaurants

The Importance of Having a Good Accountant For Restaurants

Restaurants face a unique range of cashflow and operational challenges. Keeping a restaurant running at its best can be difficult at the best of times, and that’s without the pressure of accounting and taxation eating away. If your restaurant is facing cashflow problems or accounting issues, such as a difficulty predicting tax, calculating VAT and […]

Basics of Real Estate Investment In The United Kingdom

Basics of Real Estate Investment In The United Kingdom

International investors in the UK property must consider all options when making a decision to acquire assets in real estate. They need to understand and consider several points: The decision to purchase or buy the freehold or to leasing a commercial property Be aware of, and comfortable with, the associated risks and liabilities Be aware […]

What to Look for in an Accountant for Manufacturers?

What to Look for in an Accountant for Manufacturers?

Manufacturers are deeply involved in their frontline operations, and many will have a dedicated finance department looking after cashflow. However, as demand ramps up and pricing pressures take hold, resources can become stretched. It is therefore not uncommon for manufacturers to enlist an accountant to help bring finances and taxation back under control. It’s also […]