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What does my tax code mean? 2020/21 Edition

What exactly do all the numbers and letters in my tax code mean?  And what do I do if I think it’s wrong? HMRC generate your tax code based on the information that they hold about you and…

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Coronavirus update

Hi everyone.  Please see below some updates and clarifications on some of the help that is out there for you and your businesses during the coronavirus situation.  Check back regularly to the HMRC website for updates on everything coronavirus…

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Ten Top Tips for working from home during the coronavirus

As as result of the Coronavirus, many of us will be working from home having never done so before.  It’s tempting to sit back and treat it as a leisurely day or have a Netflix binge, but that…

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Top Ten Tips to reduce the coronavirus risk at your workplace

As worries about the coronavirus grow, we have compiled our top ten tips on how to reduce it’s spread in the workplace. We are not health professionals, and most of the tips are common sense that we should…

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Budget 2020

The Chancellor of the Exchequer announced his Budget for the coming year today. Whatever your politics, today’s Budget has been one of the most generous budgets for years, and has some genuinely helpful rewards and benefits for many…

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Parents who lose a child will receive two weeks’ paid bereavement leave

From April, parents who lose a child will be entitled to two weeks’ paid bereavement leave under new government rules. The UK is the only country at this time to have bereavement leave enshrined in law, and it…

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National living and minimum wages to rise in April

Both the National Living wage and National Minimum wage are set to rise from April. The National Living wage and National Minimum wage is set to rise by 6.2%, four times the rate of inflation, in what the…

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Business gifts for Christmas

Thinking of giving a business gift for Christmas? It’s not long until Christmas and you might be considering giving a Christmas gift or treat to your team or customers. But before you do, it’s worth considering the tax…

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Do not change the payment date on your December payroll if you pay early for Christmas

We know that some employers will be paying their staff early for Christmas but it’s important to not change the date on your payment submission. If your business is closing early for Christmas or is not open at…

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Is the Christmas party tax allowable?

It’s just under six weeks until Christmas Day and many of us will have already booked our work Christmas party to celebrate. But what are the costs to your business of the Christmas party and what is tax…

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