Skip to content

Business Advice

Keep up-to-date with accountancy news

Funeral Expenses Payment

Paying for a funeral can be expensive, and research shows that the average funeral arranged using a funeral director costs over £4,000. The Funeral Expenses Payment or Funeral Payment is a

Read more →

Updating the PSC register

The register of People with Significant Control (PSC register) came into effect on 6 April 2016. The PSC register is used to identify and record the people who exert significant control over UK

Read more →

Claiming the employment allowance

The employment allowance of £3,000 per year, is available to most businesses and charities to be offset against their employers Class 1 NIC bill. The allowance can be claimed as part of the normal

Read more →

PAYE late filing penalties

There are late filing penalties in place for employers that don’t report payroll information on time. The size of the late filing penalties depends on the number of employees within the PAYE

Read more →

New advisory fuel rates published

Advisory fuel rates are intended to reflect actual average fuel costs and are updated quarterly. The rates can be used by employers who reimburse employees for business travel in their company cars or

Read more →

Help to Buy: ISA scheme

The Help to Buy: ISA scheme launched in December 2015 and allows savers to claim a government bonus of 25% on monthly savings of up to £200 towards their first home. The bonus translates to: an extra

Read more →

HMRC Alternative Dispute Resolution

The Alternative Dispute Resolution (ADR) process uses independent HMRC facilitators to help resolve disputes between HMRC and taxpayers. The person leading the ADR will act as a neutral, third party

Read more →