Working from home tax relief to continue – are you eligible?

2022

Working from home tax relief

Working from home tax relief to continue – are you eligible?

2022, Business News, Latest News /

HM Revenue & Customs (HMRC) is retaining its online portal for workers to continue claiming the working from home tax relief for the 2022/23 tax year. Whilst the rules and relief value remain unchanged, far fewer people like to claim this relief.  Unless another lockdown occurs, only people instructed by their employers to work from […]

Working from home tax relief to continue – are you eligible? Read More »

HM Revenue & Customs (HMRC) is retaining its online portal for workers to continue claiming the working from home tax relief for the 2022/23 tax year. Whilst the rules and relief value remain unchanged, far fewer people like to claim this relief.  Unless another lockdown occurs, only people instructed by their employers to work from

government support business loans

Could Government-backed business loans become permanent?

2022, Business News, Latest News /

Throughout the pandemic, the Government has offered £79.3bn in loans to help businesses survive and invest for the future.  However, only the Recovery Loan Scheme remains open until the end of June – with no replacement lined up to take its place.  Despite the popularity and value of these loan schemes, many small businesses are concerned they

Could Government-backed business loans become permanent? Read More »

Throughout the pandemic, the Government has offered £79.3bn in loans to help businesses survive and invest for the future.  However, only the Recovery Loan Scheme remains open until the end of June – with no replacement lined up to take its place.  Despite the popularity and value of these loan schemes, many small businesses are concerned they

PAYE payments paid correctly to HMRC

Are you making the correct PAYE payments?

2022, Business News, Latest News /

Are you or your clients making PAYE payments to HM Revenue & Customs (HMRC)? Fresh warnings are out by HMRC to remind employers to ensure that their payment reference numbers are correct so that payments are recognised. Each payment reference number relates to a specific employer and covers a particular accounting period. HMRC uses these

Are you making the correct PAYE payments? Read More »

Are you or your clients making PAYE payments to HM Revenue & Customs (HMRC)? Fresh warnings are out by HMRC to remind employers to ensure that their payment reference numbers are correct so that payments are recognised. Each payment reference number relates to a specific employer and covers a particular accounting period. HMRC uses these

Trees for Cities fundraiser #walkthismay

Wilder Coe #WalkThisMay

2022, Latest News, Uncategorized /

Did you know that May is National Walking Month? #WalkThisMay ?‍♀️?‍♂️ At Wilder Coe, we regularly encourage activities that help reduce our environmental impact, inspire healthy lifestyles, and support local communities. Our next fundraising challenge aims to get everyone to embrace the great outdoors, stretch their legs, and improve our neighbourhoods by raising money for

Wilder Coe #WalkThisMay Read More »

Did you know that May is National Walking Month? #WalkThisMay ?‍♀️?‍♂️ At Wilder Coe, we regularly encourage activities that help reduce our environmental impact, inspire healthy lifestyles, and support local communities. Our next fundraising challenge aims to get everyone to embrace the great outdoors, stretch their legs, and improve our neighbourhoods by raising money for

Charity collaboration with organisations help during humanitarian crisis

Charity collaboration in a crisis – what trustees should know

2022, Charities, Charlotte Hawes, Latest News /

As the war in Ukraine continues, many charities are working tirelessly to help the estimated 18 million people affected by the conflict.  Globally, commercial and other organisations are putting forth their best efforts to fundraise and support those affected by the crisis. Charities can collaborate with these organisations to achieve the same outcome by:  Fundraising,

Charity collaboration in a crisis – what trustees should know Read More »

As the war in Ukraine continues, many charities are working tirelessly to help the estimated 18 million people affected by the conflict.  Globally, commercial and other organisations are putting forth their best efforts to fundraise and support those affected by the crisis. Charities can collaborate with these organisations to achieve the same outcome by:  Fundraising,

Choosing a charity structure that works for you. Blue background with yellow lightbulb hanging

Which charity structure works for you?

2022, Charities, Charlotte Hawes, Latest News /

After you have your charitable purpose, the next decision you need to make is to choose which charity structure works for you. The structure affects how your charity will operate: Who runs it and whether it will have a wider membership Whether it can enter contracts or employ staff Whether trustees will be personally liable

Which charity structure works for you? Read More »

After you have your charitable purpose, the next decision you need to make is to choose which charity structure works for you. The structure affects how your charity will operate: Who runs it and whether it will have a wider membership Whether it can enter contracts or employ staff Whether trustees will be personally liable

P87 form mandated from May 7

HMRC to launch new mandatory P87 form

2022, Business News, Latest News /

From 7 May 2022, HM Revenue & Customs (HMRC) will launch a new mandatory P87 form for income tax relief.  What is a P87 form? Workers and agents use P87 forms to claim employment expenses. However, only employees can claim tax rebates. If you are self-employed, you can claim via the self-assessment system. Taxpayers must

HMRC to launch new mandatory P87 form Read More »

From 7 May 2022, HM Revenue & Customs (HMRC) will launch a new mandatory P87 form for income tax relief.  What is a P87 form? Workers and agents use P87 forms to claim employment expenses. However, only employees can claim tax rebates. If you are self-employed, you can claim via the self-assessment system. Taxpayers must

R&D tax relief changes 2023

Prepare for changes to R&D tax relief

2022, Business News, Latest News /

April 2023 will bring several significant changes to research and development (R&D) tax reliefs. Some businesses will find these changes positive. Whilst other changes can affect what income qualifies for R&D tax relief. Organisations need to ensure they remain compliant with new rules. Although Parliament is still considering these new measures, details of upcoming amendments

Prepare for changes to R&D tax relief Read More »

April 2023 will bring several significant changes to research and development (R&D) tax reliefs. Some businesses will find these changes positive. Whilst other changes can affect what income qualifies for R&D tax relief. Organisations need to ensure they remain compliant with new rules. Although Parliament is still considering these new measures, details of upcoming amendments

new business idea

Have a new business idea? You are not alone

2022, Business News, Latest News /

Most adults flirt with the possibility of creating their own business and becoming successful entrepreneurs. Although the pandemic may have paused this idea for many, new figures show that 13% of UK adults now run fledgling businesses. According to the research by The Global Entrepreneurship Monitor (GEM), this is the highest percentage since the late

Have a new business idea? You are not alone Read More »

Most adults flirt with the possibility of creating their own business and becoming successful entrepreneurs. Although the pandemic may have paused this idea for many, new figures show that 13% of UK adults now run fledgling businesses. According to the research by The Global Entrepreneurship Monitor (GEM), this is the highest percentage since the late

2022-23 National Insurance and Dividend Tax rates

Get to grips with the 2022-23 National Insurance and Dividend Tax rates

2022, Business News, Latest News /

As part of the new Health and Social Care levy, 2022-23 National Insurance (NI) and Dividend Tax rates have increased by a 1.25 percentage point as of 6 April. Many businesses are getting to grips with the added complications to the payments of National Insurance Contributions (NICs) and dividends. How have NICs changed because of

Get to grips with the 2022-23 National Insurance and Dividend Tax rates Read More »

As part of the new Health and Social Care levy, 2022-23 National Insurance (NI) and Dividend Tax rates have increased by a 1.25 percentage point as of 6 April. Many businesses are getting to grips with the added complications to the payments of National Insurance Contributions (NICs) and dividends. How have NICs changed because of