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.
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.
As HMRC moves more of its services online, fraudsters are exploiting this transition by targeting taxpayers with fake emails. With an increasing number of phishing scams, HMRC has released updated guidance on how to recognise genuine contact from its agents.
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.
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.
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.
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.
We offer the usual accountancy services that you might expect, like helping you with your bookkeeping, VAT and tax returns. But so does every accountant. At Simas one of our main areas of focus is to help our clients grow and this shines through in the way we work with you.
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.
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.