HMRC Challenging Marketed School Fees Plan
HMRC frequently warn taxpayers that when a tax avoidance scheme looks “too good to be true”, it probably is. They publish “Spotlights” on their website to alert taxpayers of schemes…
Can we still be Paid £6 a week for Working from Home?
During the COVID pandemic the government relaxed the conditions to enable those working from home to be paid £6 a week tax free by their employer, or, where that was…
National Insurance Contribution Topping Up
The Deadline for Topping up NI Contribution now Extended to 5th April 2025 With all of the changes to personal pensions in the Spring Budget, maximising the State Pension entitlement…
Keeping pace with inflation
Strategies to manage the challenges of the current inflationary business environment. Inflation has resulted in businesses grappling with escalating production costs, dwindling purchasing power, and the urgent need for pricing…
Productivity vs Burnout
How do you strike a balance between driving productivity and avoiding burnout? In today's demanding business environment, it is crucial for businesses to recognise the importance of establishing equilibrium between…
Should Employees Reimburse their Employer for Private Fuel?
The table below sets out the HMRC advisory fuel rates that apply from 1 June 2023. These are published quarterly these days due to the volatility in petrol and diesel…
Beneficial Loans-HMRC Official Rate of Interest- only 2.25%
There may be tax consequences, if a company makes loans to its employees and directors. These are instances where the loan is classified as a beneficial loan. A beneficial loan…
How high could interest rates rise?
In May, the Bank of England (BOE) raised interest rates for a 12th consecutive time as the rate of rising prices remains high. The Bank rate went up from 4.25%…
Data Management
How to implement an effective data management strategy Small and medium-sized businesses (SMBs) and the Non Profit organisations must adopt an effective data management strategy to remain competitive in today's…
Analysing the Competitive Environment
How to use Porter’s Five Forces model to assess the overall competitive landscape for your particular market. Porter’s Five Forces model is a widely used framework for analysing the competitive…
