Category Archives: Employers

October 2018 Budget Summary

mm

Steph

Steph is a Chartered Accountant with many years’ experience working in audit compliance and general accountancy. She is a Fellow of the ICAEW and has extensive knowledge of accountancy and tax for the self employed.
mm

Cabinet Office Blog ImageOn 29th October 2018, the Chancellor, Philip Hammond delivered the Autumn Budget.

Whilst this budget was overshadowed for the most part by the UK’s upcoming departure from the European Union, there were a number of announcements that will impact both individuals and businesses in the UK.

Find out more about the key announcements and how they may affect you.

Continue reading

Income Tax in Wales Is Changing – What You Need to Know

Megan

Megan

As well as having Payroll experience, Meg is our main point of contact for auto-enrolment setup. Now a qualified member of AAT, Meg is building her portfolio of accounting clients in a variety of sectors.
Megan

Welsh Flag and blue sky imageFrom April 2019, people living in Wales will begin paying some of their income tax directly to the Welsh Government. Under the current system, 100% of the funds collected go to the UK Government.

The change, which is similar to how the Scottish rate of income tax (SRIT) works, will allow the Welsh Government to play a role in the collection of tax, as well as enabling them to vary the rate of Income Tax paid by Welsh taxpayers to fund various public services.

Find out more about what’s changing, how it will impact Welsh taxpayers and employers, and what the current rates of Income Tax in the UK are in our latest blog post.

Continue reading

Landmark Gig Economy Case – Pimlico Plumbers

Megan

Megan

As well as having Payroll experience, Meg is our main point of contact for auto-enrolment setup. Now a qualified member of AAT, Meg is building her portfolio of accounting clients in a variety of sectors.
Megan

Gig economy ruling for plumbersIn another landmark case for those working in the so called ‘Gig Economy’, the Supreme Court has ruled in favour of a plumbing and heating engineer being a worker as opposed to being self-employed; granting him access to workers rights including sick pay, holiday pay and protection for unfair dismissal. You can read the full story here.

This is not the first case of its kind, with other gig economy employers including Uber and Deliveroo having cases brought against them in relation to the employment status and rights of the people working for them.

Find out more about the gig economy and the rights of those working in it in our latest blog post.

Continue reading

National Minimum Wage and National Living Wage Rates from April 2018

Megan

Megan

As well as having Payroll experience, Meg is our main point of contact for auto-enrolment setup. Now a qualified member of AAT, Meg is building her portfolio of accounting clients in a variety of sectors.
Megan

Money from a payslipFrom 1st April 2018, the National Minimum Wage (NMW) and National Living Wage (NLW) increased for workers in the UK. The NMW and NLW are reviewed every year, and both increased last April 2017.

Find out more about the new rates of National Minimum Wage and National Living Wage and how you can ensure compliance as an employer through accurate payroll.

Continue reading

Taking On A Second Job? – Here’s What You Need To Know

Megan

Megan

As well as having Payroll experience, Meg is our main point of contact for auto-enrolment setup. Now a qualified member of AAT, Meg is building her portfolio of accounting clients in a variety of sectors.
Megan

what to consider when taking on a second job Taking on a second job is a great way to earn extra money and many people now find this necessary to make ends meet. It also improves your skill set and looks impressive on a CV, providing better job prospects in the future.

But working two jobs comes with many considerations for both employee and employer. In this blog, we’ll look at the benefits and pitfalls of working two jobs including legal restrictions and tax guidance for both parties.
Continue reading

New Employment Status and Rights In The UK

mm

Steph

Steph is a Chartered Accountant with many years’ experience working in audit compliance and general accountancy. She is a Fellow of the ICAEW and has extensive knowledge of accountancy and tax for the self employed.
mm

freelancers working round a coffee tableA key employment case against taxi app company ‘Uber’ has resulted in their claims of their drivers being ‘self-employed’ being rejected, with Uber drivers now being classed as ‘workers’ as opposed to self-employed.

But what does this new employment status mean, what are rights are workers entitled to and what is the so-called ‘gig economy’ – find out in our blog, with a handy infographic showing the rights of employees, workers and the self-employed in the UK.

Continue reading

Government Plans to Deliver 3 Million Apprenticeship Places by 2020

mm

Steph

Steph is a Chartered Accountant with many years’ experience working in audit compliance and general accountancy. She is a Fellow of the ICAEW and has extensive knowledge of accountancy and tax for the self employed.
mm

Government plans to deliver 3 million apprenticeships by 2020Apprenticeships aim to give young aspiring individuals the real world experience they need whilst they learn a trade and develop skills in their chosen profession. They have become increasingly popular over the past decade with almost 500,000 apprenticeship starts in 2015. A successful apprentice will receive a nationally recognised qualification upon completion.

With over 2.2 million apprenticeships created since 2010 to help establish the UK as the fastest growing economy in the G7, the government has set out to create 3 million more placements by 2020.

Continue reading

New Employment Allowance for Employers to Reduce NIC

mm

Steph

Steph is a Chartered Accountant with many years’ experience working in audit compliance and general accountancy. She is a Fellow of the ICAEW and has extensive knowledge of accountancy and tax for the self employed.
mm

National insurance emploment allowanceIn January this year the Government announced that they will be increasing the annual ‘Employment Allowance’ for businesses from £2000 to £3000, from April 2016. In our latest post we explain what it means to your business and what steps you need to take to claim your allowance if you are eligible.

Continue reading

How Much Do You Know About What You Can and Can’t Claim?

Fran Tyler

Fran heads up First Call Financials. She has over 40 years’ accountancy experience and is a Fellow Member of the Association of Accounting Technicians.

Do you know exactly what you can claim?We understand that you and your employees may need to claim for expenses whether its yesterday’s business lunch or last week’s mileage. The important question however, is whether you know what you can and can’t claim for.

It is your responsibility to make sure you only claim for ‘allowable expenses’. What is often most confusing is knowing exactly what you can claim and what is completely off limits. Take a look below at our simple guide to expenses.

Continue reading