Most people had never heard the word ‘furlough’ before last spring, but the Coronavirus Job Retention Scheme proved to be a lifeline for many businesses and their employees. The scheme was completely new to the RfM Payroll team too but they would soon be claiming tens of thousands of pounds each month to help our clients pay their staff.
The temporary 5% VAT rate ends soon – are you ready?
Last summer, Chancellor Rishi Sunak introduced a temporary 5% VAT rate as part of a package of measures to support the hard-hit hospitality and tourism sector. As trade slowly starts to return to normal, VAT will increase to 12.5% from 1 October before reverting to the usual 20% next April. If you’ve not already done so, you should prepare for the change now.
Pensions auto-enrolment: what should you be doing now?
Pandemic or no pandemic, employers still have to fulfil their Pensions auto-enrolment obligations. Here’s a reminder of what you should be doing now.
Personal tax: should you declare the income from your side hustle?
Homemade cakes, up-cycled furniture, jewellery and pet portraits… over the last year, furlough and flexible working has afforded people more time to turn their hobby into a nice source of extra income. But what’s the position on side hustles and tax?
Holiday entitlement: the rules on giving (and taking) holiday leave
As the economy starts to reopen, how flexible do employers have to be when it comes to giving staff time off? Take a few minutes off yourself to brush up on the facts about employee holiday entitlement.
Claiming for working from home expenses in 2021/22
During the pandemic, employees required to work from home have been able to claim tax relief for additional costs not reimbursed by their employer. Those wishing to claim for expenses in the current tax year need to make a new claim.
Smishing, phishing, and vishing – watch out for COVID-19 HMRC scams
Scam texts, emails and phone calls claiming to be from HMRC are on the rise. Here’s how to spot a scam and prevent the fraudsters stealing from you.
Reviewing your SEISS claims
As the Self-employment Income Support Scheme comes to a close, HMRC will continue to rigorously check claims for the most recent SEISS grants.
Carrying back losses: A cash flow gain?
A temporary change to the rules on carrying back trade losses was announced in this year’s Budget. Unlocking tax relief could mean a considerable cash flow plus for businesses hit by the pandemic.
Making Tax Digital: where are we now?
HMRC’s flagship programme to move all its tax services online, has seen many stops and starts over the years. So where are we up to now with Making Tax Digital?
Protect your loved ones against the ‘what ifs’
What’s the worst that could happen? For most people, it would be to lose someone they love. But what if, whilst dealing with their loss, they also had to deal with the prospect of losing the family home and their financial security? [Read more…]
Independent mortgage advisor vs a bank – the facts
If you’re buying property for the first time – or it’s been a while since you applied for a mortgage – you may be wondering which route to go down to get the best mortgage deal: through an independent advisor or applying direct to a bank.
Diane Johnson – Helping you find and keep the talent you need to grow
As we move into the next phase of dealing with the pandemic, employees are proving to be even more vital. With the challenge of finding and retaining good people, changes to employment law, and a shift in what employees want from employers, there’s no question that an effective HR function is key to business survival and success. So, what better time to talk to our Lead HR Consultant Diane Johnson.
Technology and insights keep ADS Electrical ‘switched-on’
When the UK moved into its first COVID lockdown, the stay at home order saw the doors to ADS Electrical’s most profitable contracts slam shut. However, as an agile business with a switched-on leadership team – and with regular, strategic support from RfM – ADS was able to quickly adapt and generate revenue from new markets. We spoke to ADS HR Manager, Julie McCormick, about how the company has evolved and achieved exceptional growth over the last 15 months.
The losing game – how to use business losses
In his Budget speech, the Chancellor announced a temporary extension to the period over which a business can carry back trading losses. This is potentially welcome news for previously profitable businesses struggling with COVID-19 losses.
- « Previous Page
- 1
- …
- 5
- 6
- 7
- 8
- 9
- …
- 27
- Next Page »