Making the most of cloud accounting software

2022

making the most of cloud accounting software

Making the most of cloud accounting software

The cloud is king in the accounting world. For businesses owners, there is a vast range of software and applications to choose from.  The beauty of cloud accounting software is that it can be accessed anywhere with an internet connection across all your devices. Good accounting software can be critical for business leaders. It makes […]

Making the most of cloud accounting software Read More »

The cloud is king in the accounting world. For businesses owners, there is a vast range of software and applications to choose from.  The beauty of cloud accounting software is that it can be accessed anywhere with an internet connection across all your devices. Good accounting software can be critical for business leaders. It makes

How to avoid damaging errors in your cash flow statements

How to avoid damaging errors in your cash flow statements

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

How to avoid damaging errors in your cash flow statements Read More »

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

Salary sacrifice schemes: retaining top talent. Four individuals gathered together around a desk

Salary sacrifice schemes: retaining your top talent

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

Salary sacrifice schemes: retaining your top talent Read More »

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

Super-deduction tax relief

Making the most of super-deduction tax relief

Many UK businesses are already benefitting from the temporary tax relief offered by the super-deduction. However, many more could still be missing out on this vital support. The super-deduction tax relief scheme was introduced on 1 April 2021 and runs until 31 March 2023.  It allows firms investing in qualifying plant and machinery assets to

Making the most of super-deduction tax relief Read More »

Many UK businesses are already benefitting from the temporary tax relief offered by the super-deduction. However, many more could still be missing out on this vital support. The super-deduction tax relief scheme was introduced on 1 April 2021 and runs until 31 March 2023.  It allows firms investing in qualifying plant and machinery assets to

Statutory Maternity Pay

Statutory Maternity Pay

Are you processing Statutory Maternity Pay (SMP) payments correctly? Congratulations! One of your employees has announced their pregnancy. Are you confident about the appropriate considerations to cover their role as they embark on maternity leave? From an HR perspective, you’re likely aware that you must: Have a maternity policy in place Write to the employee

Statutory Maternity Pay Read More »

Are you processing Statutory Maternity Pay (SMP) payments correctly? Congratulations! One of your employees has announced their pregnancy. Are you confident about the appropriate considerations to cover their role as they embark on maternity leave? From an HR perspective, you’re likely aware that you must: Have a maternity policy in place Write to the employee

Making Tax Digital 2022

Making Tax Digital (MTD) is changing in April 2022.

Why do you need to start thinking about MTD?  Her Majesty Revenue & Customs (HMRC) is currently rolling out a new digital scheme on all aspects for taxes, such as VAT and Income Tax, to make filing easy for businesses. It will see all UK business taxes move online and handled digitally, and paper returns

Making Tax Digital (MTD) is changing in April 2022. Read More »

Why do you need to start thinking about MTD?  Her Majesty Revenue & Customs (HMRC) is currently rolling out a new digital scheme on all aspects for taxes, such as VAT and Income Tax, to make filing easy for businesses. It will see all UK business taxes move online and handled digitally, and paper returns

Getting back to the office – are you ready?

Government restrictions for UK employees to work from home ended 19 January 2022. For many workers, this is music to their ears. They can pick up their favourite coffee for their commute and catch up with colleagues in the flesh. However, the day that we see everyone getting back to the office is unlikely to happen soon.

Getting back to the office – are you ready? Read More »

Government restrictions for UK employees to work from home ended 19 January 2022. For many workers, this is music to their ears. They can pick up their favourite coffee for their commute and catch up with colleagues in the flesh. However, the day that we see everyone getting back to the office is unlikely to happen soon.

Visiting Wilder Coe

Visiting our offices is by appointment only. The safety and protection of our clients and team members have always been our top priority throughout the pandemic. As we now adjust to the “new normal,” this is more important than ever. In common with many organisations, we have adopted a hybrid-working policy. Our team members are

Visiting Wilder Coe Read More »

Visiting our offices is by appointment only. The safety and protection of our clients and team members have always been our top priority throughout the pandemic. As we now adjust to the “new normal,” this is more important than ever. In common with many organisations, we have adopted a hybrid-working policy. Our team members are

Can you avoid the P11D process?

Employers submit a P11D form to HM Revenue & Customs (HMRC) at the end of every tax year. A P11D outlines the benefits or expenses you have provided to your employees outside of their wages.  You must submit a P11D form by 6 July following the end of the tax year. At the same time,

Can you avoid the P11D process? Read More »

Employers submit a P11D form to HM Revenue & Customs (HMRC) at the end of every tax year. A P11D outlines the benefits or expenses you have provided to your employees outside of their wages.  You must submit a P11D form by 6 July following the end of the tax year. At the same time,

Start-up trends 2022

Start-up trends 2022

New Year, new career? Many people lost their jobs during the pandemic or decided to take a new career journey by setting up a new business. We take a look at the start-up trends for 2022.  Whether it is a full-time endeavour or a part-time side hustle, people are looking for ways to make extra

Start-up trends 2022 Read More »

New Year, new career? Many people lost their jobs during the pandemic or decided to take a new career journey by setting up a new business. We take a look at the start-up trends for 2022.  Whether it is a full-time endeavour or a part-time side hustle, people are looking for ways to make extra