This is an update from HMRC: Dear customer, We want to help you get ready to make a claim under the Coronavirus Job Retention Scheme. If you’re eligible for the scheme, there are things that you can do now to be ready when the system is up and running later this month. […]
Coronavirus Job Retention Scheme: a cash grant that is designed to allow employers to retain staff who would otherwise be laid off. Employers may claim a grant of up to 80% of the salaries of employees who have been laid off during this crisis. This is subject to a cap of […]
The outbreak of the coronavirus has been and continues to be a source of concern for everyone. I hope that during this time, you and your family has been save, will and continue to be save. COVID-19 is changing many aspects of our daily lives and is certainly a treat to […]
Attaining financial freedom and security in retirement requires planning. In this day and age when disposable income does not provide sufficient savings margin, taking proactive steps towards financial security and future planning will go a long way in reducing financial stress. Below are some useful tips to planning ahead for financial […]
There are various types of leadership styles – the coaching leader, the authoritative leader, the democratic leader, and so on. In this article, the focus is on the transformational leader and the influence on organisational culture and business success. Leadership in a business is essential in influencing the success of that […]
Taking cash out of your limited company A limited company is a separate entity in the eyes of the law, just like an individual person. This means that you cannot simply take money out of a limited company account like it was your own personal bank account. All finances legally belong to […]
Charities can receive up to £4,000 in extra Gift Aid with the Gift Aid Small Donations Scheme. The Gift Aid Small Donations Scheme (GASDS) allows charities to claim a Gift-Aid style repayment to be received on small cash donations of £20 or less up to a threshold of £8,000 of donated income […]
The chancellor announced some budget changes last autumn and to get you prepared for the 2018/2019 tax year, we highlight a few of the significant changes that will impact most employers and businesses. Increase in national minimum wage and national living wage The government is increasing the National Minimum and National […]
The Autumn Budget 2017 included a few changes to tax and NI limits for the 2018/19 income tax year and here is what you should know: Tax code changes The amount you can earn tax free (the personal allowance threshold) has increased by £350 to £11,850 (£11,500 for 2017/18 tax year). […]