12-09-2024
The furnished holiday lettings (FHL) tax regime is set to be scrapped from April 2025, with draft legislation already on the table. If you own a holiday home, now is the time to get familiar with these forthcoming changes and consider how they could impact your tax liability. From April 2025, the tax incentives associated
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12-09-2024
When you're self-employed, keeping track of essential dates and deadlines can be challenging. One crucial date to remember is 5 October 2024, which is the deadline to register for Self-Assessment. If you started working as a self-employed individual on or after 6 April 2023, you must register with HM Revenue & Customs (HMRC) by this
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04-09-2024
The first week of September sees the nation recognising the Chartered Institute of Payroll Professionals (CIPP) National Payroll Week, and to celebrate the industry and our payroll professionals, we threw a mini–Payroll Party! Our Hertfordshire-based Payroll team has proudly delivered bespoke and personal payroll outsourcing solutions to our clients for many years. Understanding that no two
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03-09-2024
Payroll is essential for the economy. It is also a fundamental element for business growth and supporting employees. As a profession, it is not for the faint-hearted. Payroll is fast-paced and constantly changing. Payroll outsourcing adds value to your business and keeps your employees safe, a roof over their heads and the ability to feed
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02-09-2024
Since 1998, the Chartered Institute of Payroll Professionals has celebrated National Payroll Week (NPW) to give recognition to all who work in payroll. Our Stevenage-based Payroll Outsourcing department shared what they love about the profession. #choosepayroll How long have you worked in the profession and what experiences do you have? We have 40
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14-08-2024
Responsibility for overseeing the financial affairs of charities rests with trustees who must safeguard the resources entrusted to them. Charities and not-for-profit enterprises must operate effectively and to the highest financial and ethical propriety standards. Financial transparency is essential for an organisation that wishes to remain with the law but maintain public trust and
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09-08-2024
Successful fundraising is critical to the mission of a charity. Not only do you need to ensure that you can raise the funds you need to deliver services and meet your goals, but you also need to ensure that the funds raised are used effectively. Poor fiscal management in the charity and not-for-profit sectors can
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07-08-2024
There are charities for all kinds of issues and causes, from local to global, but all of them must comply to strict regulatory framework that governs their activities. The UK charitable sector is one of the largest and most vibrant in the world. It delivers a range of services to individuals and communities both here
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02-08-2024
Many people in the UK have been involved in some form of voluntary activity in the past 12 months. Around a third of those people regularly volunteer with a charity or other similar organisation within their community. While many charities will have full-time staff, others will depend on volunteers. Most UK charities will use volunteers
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02-08-2024
King Charles delivered his speech to Parliament last month following the election, setting out the priorities of the new Labour Government for the months ahead. The speech included 40 pieces of legislation that the Government plan to implement. To help you understand what the next five years may hold, here are the details of all
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02-08-2024
The first Budget of the new Labour Government has been announced to take place on 30 October 2024. Ahead of the budget, Chancellor Rachel Reeves has announced that spending cuts worth £13.5 billion will be required over the next two years. She explained that this was due to the scale of the previous Government’s overspending,
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02-08-2024
In a bid to ease the regulatory burden on businesses, new thresholds for classifying company sizes have been announced. This change, introduced by the previous Government, could allow around 132,000 businesses to skip mandatory audits. Under the current plans, which may be subject to change, companies will be able to benefit from the threshold changes
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