Blog

Our October 2024 Tech round up including articles around e-invoicing, closing the tax gap with digital transformation, new cooperation announced to tackle cyber crime and government funding into AI.

By ensuring proper systems, automation, and regular reviews, you can avoid these common payroll pitfalls, minimising risk and maintaining compliance.

Articles for September 2024 including: Interest Rate Cut to 5% - impact on mortgages Stamp Duty Land Tax: Incorporation Pitfalls The Housing Scotland Bill

As the festive season approaches, it's the perfect time for businesses to explore opportunities for tax savings. From staff gifts to Christmas parties, understanding the rules around Trivial Benefits can help you make the most of tax exemptions. We break down the key ways to optimise your tax benefits during the Christmas period, ensuring your celebrations are both joyful and tax-efficient.

Articles for September 2024 including: Should you pass on wealth now to avoid inheritance tax? HMRC checking on workplace nurseries Hours worked reporting delayed to 2026

Xero’s latest 2024 updates bring powerful enhancements to streamline your business operations. From simplifying accounts payable with Pay Bills to boosting payroll efficiency, the new features in Xero Grow and Comprehensive packages are designed to save time, reduce errors, and improve financial oversight. With tools like advanced cash flow forecasting, mileage tracking, and automated payroll, businesses can now manage transactions more seamlessly than ever.

In spring 2024, the government announced the abolition of the Furnished Holiday Lettings (FHL) tax regime. To help lessen the impact of these changes, we review key areas such as capital gains tax, mortgage interest relief, and profit splits for couples, offering insight into strategies to minimise financial consequences and optimise tax efficiencies.

Securing a rent-free period in a commercial lease offers vital financial relief, allowing businesses to focus on growth before rent payments begin. We outline key strategies for negotiating this benefit while addressing crucial VAT and accounting considerations to help you avoid potential financial pitfalls.

Updates for August 2024 including awareness around the 60% income tax trap, the upcoming budget date confirmation, more on the FHL special tax treatment abolishment and changes to VAT on school fees.