Increase in National Insurance contributions to go to the NHS
National Insurance contributions (NICs) will be increasing by 1.25% from 6 April 2022. Naturally, this may be disconcerting for employees who have already been hit with rising living costs over the last 12 months. While nobody wants to see more money deducted from... read more
The case for payrolling benefits in kind
HMRC is encouraging employers to payroll employee benefits in kind rather than declaring benefits on their end of year P11D form. What are the advantages of payrolling benefits in kind however? If you’re an employer, you won’t have to submit P11D and P46(Car) forms to... read more
How to write a growth strategy for your business
You may be offering a fantastic product or service, but without a growth strategy to outline where you want your business to go, you may not grow at all. What is a business growth strategy? A growth strategy identifies opportunities within your market and... read more
Super-Deduction: Tax savings on plant and machinery
In a bid to encourage businesses to invest in productivity-enhancing plant and machinery assets, the government has introduced super-deduction. First announced in the March 2021 Budget and then the Finance Act 2021 in June, the super-deduction came into effect on 1... read more