Accountancy

Information about accountancy matters

Company Car Versus Car Allowance

Dated: 10th June 2019

The company car is still considered a desirable job perk but many employers are now offering a company car allowance as an alternative.
But what is the difference between a company car and a company car allowance? Which option is right for you?

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Auto Enrolment Contributions

Dated: 27th April 2019

April 2019 sees the last legally required increase to auto-enrolment pension contributions, seven years since they were introduced.
But an employers’ role in helping staff to save for their retirement through the scheme is far from over.

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Marriage Tax Allowance

Dated: 24th April 2019

Are you married or in a civil partnership? If so you may be entitled to a £900 tax break called the marriage tax allowance. Yet about one million couples are still missing out.
Read on to find out more about what this new tax is, who qualifies for it and details of how to claim.

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Have you experienced cash flow problems?

Dated: 1st March 2019

There are several reasons why businesses experience cash flow problems. For the SME sector the most common is late payment. This can then lead to a successful business being unable to pay their creditors on time. Luckily, Xero have come to our rescue with a lovely piece of software.

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Final Countdown Towards Making Tax Digital

Dated: 25th January 2019

The steps you need to take to get ready for April 2019 will depend on what software you use currently. Many businesses will already be using accounting software that has been tested and approved by HMRC, in which case the steps needed for April 2019 will be minimal.

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The Benefits of Having an Employer/Employee Contract

Dated: 16th January 2019

A good employment contract is essential to both the employee and the employer. It is a legal requirement to have one in place within two months of taking on an employee, but the benefits to both sides are far greater than just ticking the box for the legal requirements.

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What Is An Award Worth?

Dated: 6th December 2018

On immediate face value, awards for success in business seem highly desirable. The glamour of the black ties and ball gowns, the prestige of being nominated and maybe even winning an award all add to this effect. There are certainly many benefits to winning awards but not all awards are what they might seem.

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Making Tax Digital – The Journey Continues

Dated: 15th October 2018

As advances in technology are harnessed by software developers, the future of accountancy will be less about Making Tax Digital and more about accountants acting as consultants through advising their clients about their business activities in real-time.

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The Benefits Of Hiring An Apprentice.

Dated: 17th September 2018

Apprentices can allow you to grown your own, well trained, employees of the future. The National Apprenticeship Service reported that employers with established apprenticeship programmes see an improvement in productivity and in the quality of their product or service.

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The 5 Main Benefits To Outsourcing Your Company’s Payroll

Dated: 24th August 2018

A blog from Simas Payroll outlining the 5 main benefits to outsourcing your company’s payroll.

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