Employee of the Month – September 2020

Congratulations to our Accounts Associate Molly Lunn on being voted Employee of the Month by her colleagues for September 2020! Molly has only recently joined our team and has settled in very well. She won for her willingness to learn, and for demonstrating her engagement with the work during her training. Molly also happily provided[…]

Employee of the Month – August 2020

Congratulations to our Client Manager Sophie Glynn on being voted Employee of the Month by her colleagues for August 2020! Sophie won for helping with difficult accounts and payroll queries throughout the month, for working effectively, and for being a responsible role model and advocate for others in the team. A big well done to[…]

HMRC resumes investigations after COVID-19

What to expect from tax probes in 2020/21 After temporarily pausing tax investigations as COVID-19 business support measures rolled out earlier this year, HMRC has restarted probes into businesses and individuals’ tax affairs. The Revenue has also started to direct its attention towards the misuse of coronavirus support schemes, such as the furlough scheme and[…]

Cash basis for landlords

The default basis for landlords’ accounts Traders have been able to prepare their accounts using the cash basis since April 2013, as long as they meet certain eligibility conditions. This option was extended to landlords running unincorporated property businesses from 6 April 2017. However, while traders must elect for the cash basis, it applies by[…]

Tax

Managing automatic re-enrolment

Once you’ve been running auto-enrolment for three years you’ll need to re-enrol workers. Over the last five years there has been a seismic shift in attitudes towards retirement saving. Auto-enrolment means workplace pensions are now regarded by many employees as a normal part of working life. Although detractors argue that minimum contributions lull people into[…]