8 January 2020
3 Mar 2023
Do you have a lengthy manual process for invoices or expenses approval? Are you sending out paper purchase orders? Do you have a streamlined process for paying suppliers? Are your sales orders and other admin duties carried out on spreadsheets? You are not alone. For many business owners, regular reviews of back-office accounting functions aren’t
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2 Mar 2023
This a reminder for Taxpayers that a penalty deadline for unpaid Self-Assessment tax is imminent. HM Revenue & Customs (HMRC) will automatically add a penalty to your tax bill equal to five per cent of the Self-Assessment tax you owe for 2021/22 if unpaid after midnight on 2 March 2023. So urgent action is needed. The
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23 Mar 2022
Two years ago, the UK entered its first lockdown. On Wednesday 23 March, our eyes were firmly fixed on the Chancellor of the Exchequer, Rishi Sunak, as he rose to deliver his Spring Statement. Yet again, Mr Sunak found himself addressing MPs against a background of the crisis, with the residual impact of COVID, the
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7 Mar 2022
Following a surge in enquiries due to the pandemic, HM Revenue & Customs (HMRC) has announced it must prioritise its essential services by temporarily closing telephone hotlines. HMRC will focus on stabilising phone and tax credits/child benefits services, taking extra steps to meet targets and supporting at-risk customers. During December, the tax authority ran tests
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7 Mar 2022
Taxpayers who received Coronavirus business support must remember that COVID-19 grants or payments are taxable and must get declared on company tax returns. HM Revenue & Customs (HMRC) has issued a reminder that the filing deadline for company tax returns (CT600) is 12 months after the end of the accounting period it covers. The deadline
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7 Mar 2022
Your cash flow statement provides data about all the money inflows your company receives from operations and is a fundamental part of the financial statements. Alongside your balance sheets and income statements, it is vital for managing your small business accounting. It keeps you abreast of how much cash is entering or leaving your business
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7 Mar 2022
While the national job vacancy boom is good news for job seekers, it is a potential nightmare for businesses keen on retaining high-quality staff. While a pay rise is always welcome by many, it is not always the most tax-efficient approach for business owners. Other benefits, such as salary sacrifice schemes, are equally effective in
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16 Jun 2021
Effective 1 January 2021, all EU citizens (excluding Irish citizens) no longer have the automatic right to work in the UK. European nationals and their families who arrived in the UK before 31 December 2020 must apply for the EU Settlement Scheme (EUSS) by 30 June to continue living and working in the UK. Individuals
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3 Jun 2021
For ETL UK Partner Spotlight Series, Statutory Partner, Ian Saunders, highlights an often overlooked requirement of the UK Companies Acts. As a Chartered Secretary, Ian specialises in the whole area of Company Secretarial work and has managed the Statutory department at Wilder Coe for the last 23 years. He understands the issues companies face handling
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2 Jun 2021
HR Manager, Bal Dhesi, explains her cost-effective and straightforward tips to help employers improve their bottom line through investing in employee wellbeing initiatives. "Investing in the wellbeing of your team can reduce sickness absence, improve productivity and reduce turnover. Many studies show how implementing workplace wellness initiatives that promote healthier lifestyles. Considering the work-life balance
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24 May 2021
So, your perfect candidate has accepted a role in your company. However, have you got the correct processes for onboarding remotely successfully? With remote working becoming the norm for employers, having streamlined processes for onboarding new staff is essential. HR Manager, Bal Dhesi shares practical considerations for welcoming team members remotely. Stay in contact with
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11 May 2021
Can you imagine washing your hair, body and clothes in the same washing up liquid used for dishes? Many of us have access to everyday hygiene, sanitary and grooming products. We can bathe each morning, wear freshly cleaned clothes and can brush our teeth twice a day. Although, for many, these are restricted options as
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