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Protected pension pots and auto enrolment


You should advise your auto enrolment (AE) administrator if your pension pot is protected to avoid seriously damaging your pension planning. Your AE administrator is responsible for assessing the workforce to identify who should be…

Make or break? Traits of successful business owners


“41% of businesses do not make it past the first 5 years”. When passion, enthusiasm and even money aren’t enough to make a business flourish, what makes the difference between sink or swim? A recent…

Year end P11D forms – what employers need to know


As the end of the tax year approaches, we thought we’d remind you of the important changes made to the reporting of benefits under the P11D regime, so you can check your processes are in…

Charities escape quarterly online tax returns


HM Revenue and Custom (HMRC) has confirmed that charities will be exempt from new digital filing requirements as a result of response to the Making Tax Digital consultation. Last year HMRC conducted a consultation on Making…

Online vs offline – why online accounting is good for business


As the world becomes more digital, the limitations of cashbooks and off-line accounting are putting businesses at a competitive disadvantage. Save time and take control of your financial management by moving to online accounting now.…

Simplification of Gift Aid Small Donations Scheme (GASDS)


A Bill has been passed aimed at making it easier for charities to claim a relief similar to Gift-Aid on small donations. The Gift Aid Small Donations Scheme (GASDS) was first introduced in 2013. It…

SMEs support auto-enrolment


A recent survey of 900 businesses has found strong support for auto-enrolment (AE) amongst small and medium sized companies, whether they had already staged or not. The survey, which was conducted by YouGov, showed that,…

Payment practices in the spotlight


Companies who demonstrate poor payment practices will be named and shamed under new regulations aimed at helping small business cash-flow. The government has identified late payment as being harmful to supplier’s cash-flow.  In extreme cases,…

Charity Commission tightens governance approach


The Charity Commission recently raised concerns over poor governance in charities. High profile cases regarding fundraising and financial abuse were a particular concern for the reputation of the sector. Over the last year there has…