Wilder Coe gets muddy for The Sadie Bristow Foundation

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Collage of Wilder Coe team in blue branded tops after completing tough mudder challenge for Sadie Bristow Foundation

Wilder Coe gets muddy for The Sadie Bristow Foundation

2024, Corporate Social Responsibility, Latest News /

On Saturday 18th May, two Wilder Coe teams completed a Tough Mudder to raise money for our 2024 nominated charity, The Sadie Bristow Foundation. Established in memory of Sadie Bristow, the organisation is dedicated to raising awareness about allergies and supporting those affected by them. The foundation focuses on educating children, parents, and educators on […]

Wilder Coe gets muddy for The Sadie Bristow Foundation Read More »

On Saturday 18th May, two Wilder Coe teams completed a Tough Mudder to raise money for our 2024 nominated charity, The Sadie Bristow Foundation. Established in memory of Sadie Bristow, the organisation is dedicated to raising awareness about allergies and supporting those affected by them. The foundation focuses on educating children, parents, and educators on

Gratuities and tips – What the delay to the Employment (Allocation of Tips) Act 2023 means for you

Business News, Latest News, News /

The Department of Business & Trade (DBT) has released the finalised draft of the Code of Practice on Fair & Transparent Distribution of Tips – the next step towards bringing the Employment (Allocation of Tips) Act 2023 (the Act) into force. The Act will require businesses, where tips and gratuities are provided by customers, to

Gratuities and tips – What the delay to the Employment (Allocation of Tips) Act 2023 means for you Read More »

The Department of Business & Trade (DBT) has released the finalised draft of the Code of Practice on Fair & Transparent Distribution of Tips – the next step towards bringing the Employment (Allocation of Tips) Act 2023 (the Act) into force. The Act will require businesses, where tips and gratuities are provided by customers, to

Preparing for the second payment on account – and what happens when you can’t pay?

Business News, Latest News, News /

If you are a Self-Assessment taxpayer, it is almost time to make your second ‘payment on account’ – advance payments towards your tax bill. Those who submit a Self-Assessment tax return and owe £1,000 or more will be required to make their second payment on account by midnight on 31 July 2024. How do payments

Preparing for the second payment on account – and what happens when you can’t pay? Read More »

If you are a Self-Assessment taxpayer, it is almost time to make your second ‘payment on account’ – advance payments towards your tax bill. Those who submit a Self-Assessment tax return and owe £1,000 or more will be required to make their second payment on account by midnight on 31 July 2024. How do payments

SME recovery continues as sustainability and growth take centre stage

Business News, Latest News, News /

In its latest research into the UK’s SME economy, NatWest Group has identified an encouraging trend among the country’s independent operators, as SME growth continues for the fifth consecutive month. Two sectors led the charge, as the service industry continues to be a significant driver of growth, while the manufacturing sector enjoyed expansion after a

SME recovery continues as sustainability and growth take centre stage Read More »

In its latest research into the UK’s SME economy, NatWest Group has identified an encouraging trend among the country’s independent operators, as SME growth continues for the fifth consecutive month. Two sectors led the charge, as the service industry continues to be a significant driver of growth, while the manufacturing sector enjoyed expansion after a

P11D – Remember to report before the July deadline!

Business News, Latest News, News /

With the 6 July deadline nearing, it is essential to understand the updated reporting requirements for Class 1 National Insurance Contributions (NICs) on benefits in kind (BIKs). Employers offering benefits, such as private healthcare, living accommodation, travel expenses, and company cars must report additional NICs through the payroll process or on a P11D form. Significant

P11D – Remember to report before the July deadline! Read More »

With the 6 July deadline nearing, it is essential to understand the updated reporting requirements for Class 1 National Insurance Contributions (NICs) on benefits in kind (BIKs). Employers offering benefits, such as private healthcare, living accommodation, travel expenses, and company cars must report additional NICs through the payroll process or on a P11D form. Significant

High-income earners need to re-register for child benefit

Business News, Latest News, News /

Child benefit supports parents or guardians of children under 16, or under 20 if in approved education, by contributing towards the costs of raising them. Since January 2013, the High Income Child Benefit Charge (HICBC) affects those earning above a specific threshold but this was revised in the Spring Budget 2024. Initially, families with one

High-income earners need to re-register for child benefit Read More »

Child benefit supports parents or guardians of children under 16, or under 20 if in approved education, by contributing towards the costs of raising them. Since January 2013, the High Income Child Benefit Charge (HICBC) affects those earning above a specific threshold but this was revised in the Spring Budget 2024. Initially, families with one

The rise of the higher rate taxpayer

Business News, Latest News, News /

The Government continues to freeze both the personal allowance and the higher-rate income tax thresholds – leading to an increase in the number of higher-rate taxpayers this year. The result of ‘fiscal drag’ – a phenomenon where tax thresholds fail to keep up with inflation or wage growth – the freeze will continue to increase

The rise of the higher rate taxpayer Read More »

The Government continues to freeze both the personal allowance and the higher-rate income tax thresholds – leading to an increase in the number of higher-rate taxpayers this year. The result of ‘fiscal drag’ – a phenomenon where tax thresholds fail to keep up with inflation or wage growth – the freeze will continue to increase

New tax year – New tax rules

2024, Business News, Latest News /

With the start of the new tax year, taxpayers can expect significant changes that will directly impact their finances in the next tax year (2024/25). If you haven’t already, it’s time to closely examine your financial planning, including savings, investments, and tax compliance. So, what changes should you be aware of from 6 April 2024?

New tax year – New tax rules Read More »

With the start of the new tax year, taxpayers can expect significant changes that will directly impact their finances in the next tax year (2024/25). If you haven’t already, it’s time to closely examine your financial planning, including savings, investments, and tax compliance. So, what changes should you be aware of from 6 April 2024?

Redundancy regulations are changing – What it means for your payroll and policies

2024, Business News, Latest News /

From 6 April 2024, UK redundancy rules will change, particularly surrounding pregnant employees and those on family-related leave. The new legislation extends the ‘protected period’ for redundancy to 18 months after the birth or adoption placement, requiring employers to prioritise these employees for suitable alternative employment in case of redundancies. The financial impact on your

Redundancy regulations are changing – What it means for your payroll and policies Read More »

From 6 April 2024, UK redundancy rules will change, particularly surrounding pregnant employees and those on family-related leave. The new legislation extends the ‘protected period’ for redundancy to 18 months after the birth or adoption placement, requiring employers to prioritise these employees for suitable alternative employment in case of redundancies. The financial impact on your

HMRC income tax receipts rise by £2 billion

2024, Business News, Latest News, News /

HM Revenue & Customs (HMRC) recently reported a £2 billion increase in income tax receipts, reflecting a strong self-assessment period and an evolving dynamic within the tax landscape. The Government’s recent changes, including adjustments to National Insurance Contributions (NICs), have both mitigated and exacerbated the overall NIC burden. This is because they encompass rate reductions

HMRC income tax receipts rise by £2 billion Read More »

HM Revenue & Customs (HMRC) recently reported a £2 billion increase in income tax receipts, reflecting a strong self-assessment period and an evolving dynamic within the tax landscape. The Government’s recent changes, including adjustments to National Insurance Contributions (NICs), have both mitigated and exacerbated the overall NIC burden. This is because they encompass rate reductions