Fake HMRC Websites: Why Your Business Needs to be Cautious

While the internet is a useful tool for businesses, we all know the importance of keeping ourselves safe online. Payroll is one area where it’s particularly important to keep your data safe and secure, which is why many firms use specialist payroll software for accountants to guard employee data. There…

Factors to Consider When Choosing Payroll Software

Choosing a new software programme for your business can be an intimidating task. However, once you start paying attention to the key factors, deciding which accountancy payroll software to use becomes much more straight forward. Read on to find out what to look out for.   Cloud-based or Desktop?  …

Having Difficulty Paying Your Taxes?

The deadline for self-assessment passed on 31st January and therefore HMRC will assume that all tax returns have been submitted and tax bills settled. Businesses and individuals that have failed to do so could be liable for additional charges and penalties. However, if you are having difficulty paying your taxes…

Dividend Allowance Cut: Will it affect you?

It was confirmed last month in the government’s second finance bill that the dividend allowance will be cut from £5,000 to £2,000. This could result in contractors having to pay a dividend tax bill of up to £1,143. Phillip Hammond first spoke about the dividend cut in the Spring Budget…

Autumn Statement: Top 5 points for contractors

Top points for contractors to focus on from this year’s Autumn Statement; 1. IR35 and the Private Sector It’s a lot to digest but the first point refers to the IR35 reforms that were rolled out to the public sector at the start of the tax year 2017/18. There was…

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