Xerocon 2019 was a great experience! Xerocon is an annual conference hosted by Xero, which is the fastest growing accounting software. This year was their biggest event so far, with thousands in attendance and a record 70 app providers hosting stands. A month on from the event, we have reflected on the theme of Xerocon […]

Currently you can personally receive up to £1,000 tax-free interest each tax year. This limit is reduced to £500 for a higher rate taxpayer and nil for an additional rate taxpayer. This means that any interest you receive, such as bank interest, may not be taxable if it is within the above thresholds each tax […]

An introduction to mental health issues in the work place. Presented by Phil Croney & Matthew Hoddinott. We are extremely pleased to host Matthew and Phil on Thursday 23rd January. Running a small businesses can be challenging. It can often be a lonely experience and there isn’t much in the way of training for dealing with or recognising […]

Your friend is correct, your Limited company can pay into your pension scheme as an employer contribution. How much should I pay? Unlike personal pension contributions, employer pension contributions are unrestricted, however there are limitations for the tax relief. Corporation Tax relief: The contributions from your Limited company can be a tax-deductible expense so you […]

You’re an expert in your chosen area of work and your efforts are devoted to making your business work! This may mean that you do not have spare time to research and understand the many accounting/tax terms which are commonly used by accountants and other import elements of running a business. It’s almost like learning […]

You work hard for your company and feel like you deserve to buy yourself a treat. The good news is, yes you can! The bad news is, there are rules and limits. Trivial benefits Under the Trivial benefit rules, an employer can provide gifts such as a bunch of flowers, box of chocolates, meal out […]

HMRC have recently released an R&D statistics report, outlining the recent figures for claims. R&D has become a real asset to eligible companies since its introduction in 2001. Over 300,000 claims have been made with a value of around £30bn in total. The figures for this year are not yet fully complete however the figures […]

We are very excited to be sharing our recent press release which will be in local media in the coming month. This follows our recent office move, success at the British Accountancy Awards and acquisition of Taylor Roberts: From winning national awards, to doubling their office capacity, to their recent acquisition, it would be fair […]

…as I can use their meeting rooms for my business meetings”       Be mindful when choosing a club to hold your meetings. Think how likely it is that HMRC will believe that your membership is for business purposes only. They assess the likelihood that you chose the club for your own personal benefit. […]

The government has stated that the UK will be leaving the EU on the 31st October regardless of whether a deal is agreed or not. Changes to how UK businesses trade with the EU will automatically come into effect, which could impact your business. The changes to UK business processes are as follows:  Like other […]