We’ve had reports of suspicious letters claiming to be from Companies House. The letter claims you need to make payment for Enhanced Web Filing Access.
Please do not follow any instructions in this letter. It’s a scam.
Our Services
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Business Growth
If you are looking for your business to grow, and it has the potential to do so, there is every chance you will accelerate that growth by working with a growth coach. Growing can be painful, there will be hurdles to overcome and changes to be made.
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Payroll and Auto Enrolment
Employing people can cause stress for a business owner for many reasons and one of these is payroll. Our teams expect that they will be paid on time and with the correct level of deductions made. We can provide a full payroll service for your business including auto-enrolment, keeping you compliant with your many legal responsibilities.
Pop in or give us a call
We'd love to hear from you
When it comes to supporting small enterprises, helping them grow whilst avoiding regulatory and commercial pitfalls, we have a weath of experience, expertise and a kettle - a very good kettle. If you think we could be a good fit, get in touch to see how we can add value to your business.
Companies House are running stronger checks on Company names which give a false of misleading impression to the public.
They can now reject an application to register a name where they have reason to believe.
- The name is intended to facilitate fraud.
- The name is comprised of or contains a computer code.
- The name is likely to give the false impression the company is connected to a foreign government or an international organisation whose members include two or more countries or territories (or their governments)
Companies House can also direct companies to change their name. If a company fails to change its name within 28 days, they can now determine a new name for the company, for example, changing the company name to its registered company number.
We can suppress a name from the register while a company responds to a direction to change its name.
These changes have been introduced under the Economic Crime and Corporate Transparency Act. For more information click the link https://bit.ly/3wumWRe
Our Services
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Access to Finance
If your business is growing, then you may need to access some sort of finance product to facilitate your growth. With so many products available, it can be bewildering. How do you work out how much you need, for how long and which product/or products are right for you?
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Company Year End
The legal and compliance burden put on businesses through the need to submit tax returns and other such documents to strict deadlines is often one of the most stressful elements of running a business.
Pop in or give us a call
We'd love to hear from you
When it comes to supporting small enterprises, helping them grow whilst avoiding regulatory and commercial pitfalls, we have a weath of experience, expertise and a kettle - a very good kettle. If you think we could be a good fit, get in touch to see how we can add value to your business.
From April 2023, businesses will pay 25% corporation tax on profits above £250,000. Smaller entities with profits of up to £50,000 will remain at the previous 19%. Those with profits between £50,001 and £249,999 will pay a marginal rate of between 19% to 25%, depending on the level of profits.
Our Services
-
Business Growth
If you are looking for your business to grow, and it has the potential to do so, there is every chance you will accelerate that growth by working with a growth coach. Growing can be painful, there will be hurdles to overcome and changes to be made.
-
Access to Finance
If your business is growing, then you may need to access some sort of finance product to facilitate your growth. With so many products available, it can be bewildering. How do you work out how much you need, for how long and which product/or products are right for you?
Pop in or give us a call
We'd love to hear from you
When it comes to supporting small enterprises, helping them grow whilst avoiding regulatory and commercial pitfalls, we have a weath of experience, expertise and a kettle - a very good kettle. If you think we could be a good fit, get in touch to see how we can add value to your business.
The short answer for business owners who are basic rate taxpayers is that paying dividends is nearly always the better option, regardless of changes in the Corporation Tax rate the company pays. This is because dividends do not attract NICs and offer tax advantages for lower rate taxpayers.
However, unlike paying salaries, the business must be making a profit (after tax) to pay dividends.
If you would like more information, please contact your accountant on 0113 2864486.
Our Services
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Cloud Accounting
If your business is growing, then you may need to access some sort of finance product to facilitate your growth. With so many products available, it can be bewildering. How do you work out how much you need, for how long and which product/or products are right for you?
-
Company Year End
The legal and compliance burden put on businesses through the need to submit tax returns and other such documents to strict deadlines is often one of the most stressful elements of running a business.
Pop in or give us a call
We'd love to hear from you
When it comes to supporting small enterprises, helping them grow whilst avoiding regulatory and commercial pitfalls, we have a weath of experience, expertise and a kettle - a very good kettle. If you think we could be a good fit, get in touch to see how we can add value to your business.
HMRC takes its responsibility seriously to make sure that individuals and businesses who can pay, do so on time. They provide extra, bespoke support to those facing financial hardship or who have personal difficulties.
If you’re finding it difficult to make a tax payment you should ask HMRC about affordable monthly payment options, called a Time to Pay arrangement. They will always try to work with you to negotiate a time to pay arrangement for tax you owe based, on your income and expenditure.
Time to Pay arrangements are based on the specific financial circumstances of whoever owes a debt, so there is no ‘standard’ Time to Pay arrangement. They will look at what you can afford to pay and then use that to work out how much time you need to pay.
A Time to Pay arrangement can cover all outstanding amounts overdue, including penalties and interest.
The arrangement is designed to be flexible and is not a fixed, formal contract and can be amended over time, should your circumstances change.
Please take note.
- HMRC are now back fully chasing businesses and individuals for arrears of VAT, PAYE, Corp Tax and Self Assessment
- HMRC Field Force Agents are back calling on businesses and individuals unannounced.
Individuals
HMRC will decide your ability to pay using an ‘income and expenditure assessment’ form. This looks at your income, disposable assets and expenditure to help them work out your disposable income.
HMRC typically expects you to pay no more than 50% of your disposable income. This may be higher if you have a very high disposable income. There’s no upper limit on the amount of time that someone can have to pay.
Businesses
Business finances are often complex, so they’ll ask you to tell them what you think the business can afford to pay.
After they have looked at your proposal, they’ll ask you questions about it to make sure it’s affordable and pays off the debt as quickly as possible.
The length of the arrangement will depend on:
- How much your business owes
- The business’ financial circumstances
The arrangement will be reviewed regularly and can be adjusted over time.
For more information click https://bit.ly/44rZgta
Our Services
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Access to Finance
If your business is growing, then you may need to access some sort of finance product to facilitate your growth. With so many products available, it can be bewildering. How do you work out how much you need, for how long and which product/or products are right for you?
-
Business Growth
If you are looking for your business to grow, and it has the potential to do so, there is every chance you will accelerate that growth by working with a growth coach. Growing can be painful, there will be hurdles to overcome and changes to be made.
Pop in or give us a call
We'd love to hear from you
When it comes to supporting small enterprises, helping them grow whilst avoiding regulatory and commercial pitfalls, we have a weath of experience, expertise and a kettle - a very good kettle. If you think we could be a good fit, get in touch to see how we can add value to your business.
You may be aware that our chosen corporate charity is The Give a Duck Foundation. A fabulous little charity, that supports children who have been diagnosed with cancer throughout the UK.
We have donated 238 ducks to date, and want to give many more.
As you know, we give a duck every time we take on a new client.
But did you know, that we also give ducks when we receive a referral from a current client. So, if you like the service we provide, and think someone you know may benefit from being our client too, then just ask them to mention you when they get in touch and when they sign up, we will donate more ducks to this wonderful charity.
If you want to donate directly to the charity, or find out more about the wonderful work they do, then please click the link below.
Our Services
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Other Accounting Services
We offer a full range of supplementary accounting services and complimentary business services that will help your business thrive and prosper. All our services and come with a friendly approach, which is of course, free of charge!
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Tax Protection
With HMRC becoming more spontaneous with tax investigations we strongly suggest that every business is insured against the cost of investigation. So strongly in fact, that we automatically build it in to our fixed fee agreements. Many of our clients have been very grateful for this insurance when HMRC have come knocking.
Pop in or give us a call
We'd love to hear from you
When it comes to supporting small enterprises, helping them grow whilst avoiding regulatory and commercial pitfalls, we have a weath of experience, expertise and a kettle - a very good kettle. If you think we could be a good fit, get in touch to see how we can add value to your business.
From 1st April 2024, the National living wage has gone up to £11.44 per hour for employees who are 21 and over. This is an increase of £1.02 per hour from the previous rate of £10.42 per hour for those 23 and over and £1.26 per hour for those 21-21 year olds.
National Minimum wage has also seen a higher than inflation hike.
18-20 year olds – the rate has increased to £8.60 per hour – an increase of £1.11 or 14.8%.
Under 18’s – the rate has increase to £6.40 per hour – an increase of £1.12 or 21.2%.
If you have any questions regarding this, please call Sindy on 0113 2864486
Our Services
-
Tax Protection
With HMRC becoming more spontaneous with tax investigations we strongly suggest that every business is insured against the cost of investigation. So strongly in fact, that we automatically build it in to our fixed fee agreements. Many of our clients have been very grateful for this insurance when HMRC have come knocking.
-
Access to Finance
If your business is growing, then you may need to access some sort of finance product to facilitate your growth. With so many products available, it can be bewildering. How do you work out how much you need, for how long and which product/or products are right for you?
Pop in or give us a call
We'd love to hear from you
When it comes to supporting small enterprises, helping them grow whilst avoiding regulatory and commercial pitfalls, we have a weath of experience, expertise and a kettle - a very good kettle. If you think we could be a good fit, get in touch to see how we can add value to your business.
From 6th April 2024, the threshold at which child benefit begins to be withdrawn increases from £50,000 to £60,000. This is the first increase since it was introduced in 2013.
The earnings at which the benefit is withdrawn has also increased from £60,000 to £80,000.
If you have income between £60,000 and £80,000, you will be required to pay back 1% of the child benefit received for every £200 of income, over £60,000. Once you are earning £80,000, the whole of the child benefit received will be repayable to HMRC.
Child benefit is due to rise to £25.60 per week for the first child and £16.95 per week for each additional child in April 2024.
If you have any questions about this, please call Sindy on 0113 2864486
Our Services
-
Payroll and Auto Enrolment
Employing people can cause stress for a business owner for many reasons and one of these is payroll. Our teams expect that they will be paid on time and with the correct level of deductions made. We can provide a full payroll service for your business including auto-enrolment, keeping you compliant with your many legal responsibilities.
-
Company Year End
The legal and compliance burden put on businesses through the need to submit tax returns and other such documents to strict deadlines is often one of the most stressful elements of running a business.
Pop in or give us a call
We'd love to hear from you
When it comes to supporting small enterprises, helping them grow whilst avoiding regulatory and commercial pitfalls, we have a weath of experience, expertise and a kettle - a very good kettle. If you think we could be a good fit, get in touch to see how we can add value to your business.
Did you know that there are loads of webinars offered by Quickbooks for free? You just choose a relevant webinar and register. There is a 3 hours session on all the core functionality you are likely to need, then several more on specific industry types, like construction or retail and some more specific tips for using Quickbooks if this is your business type
Just follow this link: https://quickbooks.intuit.com/uk/small-business-webinars/
If you need one to one training, tailored specifically to you and your business, we can provide that. Just call 01132864486 and ask to speak to Jo
Jo is one of only 10 Certified Quickbooks trainers in the UK
Our Services
-
Other Accounting Services
We offer a full range of supplementary accounting services and complimentary business services that will help your business thrive and prosper. All our services and come with a friendly approach, which is of course, free of charge!
-
Business Growth
If you are looking for your business to grow, and it has the potential to do so, there is every chance you will accelerate that growth by working with a growth coach. Growing can be painful, there will be hurdles to overcome and changes to be made.
Pop in or give us a call
We'd love to hear from you
When it comes to supporting small enterprises, helping them grow whilst avoiding regulatory and commercial pitfalls, we have a weath of experience, expertise and a kettle - a very good kettle. If you think we could be a good fit, get in touch to see how we can add value to your business.
With over £129bn being paid to businesses and individuals through Covid grants and allowances through the pandemic, HMRC are estimating that £5.8bn was claimed in error or fraudulently.
Given this, HMRC has been and continues to scrutinise and investigate Covid support scheme pay-outs.
A taskforce was set up in March 2021 with the aim of recovering funds from claims made deceitfully or due to mistakes or misunderstandings.
£536m was recovered during the period 20-21 and a further £1bn is expected to be recovered through to 2023.
Our Services
-
Other Accounting Services
We offer a full range of supplementary accounting services and complimentary business services that will help your business thrive and prosper. All our services and come with a friendly approach, which is of course, free of charge!
-
Payroll and Auto Enrolment
Employing people can cause stress for a business owner for many reasons and one of these is payroll. Our teams expect that they will be paid on time and with the correct level of deductions made. We can provide a full payroll service for your business including auto-enrolment, keeping you compliant with your many legal responsibilities.
Pop in or give us a call
We'd love to hear from you
When it comes to supporting small enterprises, helping them grow whilst avoiding regulatory and commercial pitfalls, we have a weath of experience, expertise and a kettle - a very good kettle. If you think we could be a good fit, get in touch to see how we can add value to your business.