Latest News and Updates
12-09-2024
HMRC has begun to issue ‘nudge letters’ to cryptoasset owners who may have underpaid tax when selling their assets, urging them to amend or submit a tax return. In this rapidly evolving sector, asset holders are not always clear on what income or profit generates a tax liability. This follows the introduction of CARF –
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12-09-2024
Having the right team that aligns with your goals and values is key to the success of your business. However, many sectors are currently facing a skills and staffing shortage. Government data shows that over one-third of vacancies were skills-shortage related, with around a quarter of all employers having at least one vacancy within their
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12-09-2024
Your environmental, social and governance (ESG) strategy might just pave the way to growth for your business. ESG initiatives are increasingly important for businesses in terms of client values and acting ethically. However, tracking and reporting on ESG objectives may also be the key to achieving efficiency and optimised business performance – crucial drivers of
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12-09-2024
While we’ve made meaningful progress in the global energy transition, the pace is still too slow. The charity Accounting for Sustainability (A4S) and Aviva Investors have sounded the alarm in their new report, Accelerating the Transition: Assessing Progress and Driving Action. Despite the shift from voluntary to mandatory sustainability reporting, emissions continue to rise. Scientists
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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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20-05-2025
Finances in the charity and not-for-profit sectors can often be challenging. Over recent years, the impact of the pandemic, reduced charitable giving, rising energy costs and general inflationary pressures, have all taken their toll. Many longstanding charities have ceased to operate, with others radically cutting back on provided services. Research by the Charity Commission has
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