Do you know what the facts are around HMRC and Christmas Party tax relief? There is no specific allowance for a ‘Christmas party’ as such, however HMRC does provide limited tax relief for the cost of holding an ‘annual event’ for your staff, providing certain conditions are met. As an employer, … [Read more...]
News for: Accountancy
New offices for IN Accountancy
Stockport accountancy firm, IN Accountancy, are piling up their sleigh and moving to new prestigious premises in Hazel Grove, just in time for Christmas. Moving on the 19th December, IN Accountancy's managing director Sarah Harkness said: “We have seen real growth in our business since starting … [Read more...]
Bennett Verby present at Apprenticeship Conference
Bennett Verby Adam Rhodes was guest speaker at Stockport's Apprenticeship Conference. The conference explored and explained the benefits of having apprentices in the workplace, how the system works and offered a greater insight into the Digital Apprenticeship Service. With a total of six … [Read more...]
Automatic Enrolment soon to hit ‘new employers’
Automatic Enrolment has changed the law on workplace pensions. Under the Pensions Act 2008, every employer in the UK must put certain staff into a pension scheme and contribute towards it - ‘automatic enrolment’. Whether you’re a hairdresser, an architect or employ a personal care assistant, if … [Read more...]
Are you missing out on R&D Tax Relief?
R&D Tax Relief has been created as a corporation tax relief that may reduce a company's tax bill with the intention is to encourage investment into Research and Development and new product development. Administered and run by the HMRC, it has a view to helping UK businesses and the economy … [Read more...]
Unclaimed child tax benefits can hit pensions
Reports about how unclaimed child tax benefits can hit pensions have been in the news this week and Stockport Accountants, IN Accountancy, have looked at how higher-earning households are affected. Steve Webb, ex-pensions minister and now a director of mutual insurer Royal London, has said that … [Read more...]
Hallidays set for Stockport Business Angels event
Hallidays are to host a second Stockport Business Angels event at their Kings Reach offices in Stockport. In partnership with North West Business Angels, the Stockport Business Angels give local entrepreneurs and innovators the chance to meet with would-be investors looking for new … [Read more...]
PAYE late filing penalties warning
This month's Newswire from Hallidays includes HMRC PAYE late filing notices and information on the latest business and tax issues. PAYE late filing penalties HMRC have issued the Quarter 1 late filing penalty notices. Click here for the full story Latest guidance for employers HMRC have … [Read more...]
Uber Ruling – A domino effect
Last week's court ruling that Uber drivers are employed drivers rather than being self-employed came as a surprise to many, not least Booth Ainsworth's Employment Tax Specialist Dawn Foden-Smith . Dawn, who deals with employment status as part of her role in the firm's Corporate Tax team, has … [Read more...]
Paper Salad ‘wrap up’ at the EN Awards
Hallidays client, Paper Salad, has been highly commended at the EN Awards for the EN North West ‘Most Entrepreneurial Company of the Year’. Paper Salad, the creation of two freelance designers Karen Wilson and Claire Williams, design and publish contemporary greeting cards, gift wrap and … [Read more...]
Financial services a big success for UK export
International Trade Secretary, Dr Liam Fox, told Ministers, business leaders and delegates at the UK’s Financial Centres of Excellence conference that financial services are one of the UK’s big export success stories and that the regions have a big part to play in maintaining its success. At the … [Read more...]
IN Accountancy sums up why they are up for a TOM!
IN Accountancy have had a 'surprise' nomination in the Talk of Manchester awards - TOM's - in the category ‘Best accountancy practice’. Being somewhat of a sleuth, managing director Sarah Harkness did a bit of digging to unearth how they had come to be listed as it was not something they had … [Read more...]