The law on workplace pensions has changed and is now fully in force. Under the Pensions Act 2008, every employer in the UK must put certain staff into a pension scheme and contribute towards it. This is called automatic enrolment.
Whether you’re a hairdresser, an architect or employ a personal care assistant, if you employ at least one person you are an employer, and you have certain legal duties and obligations.
As most of our clients will know, we have expanded considerably in the last 2 years. We have seen the addition of several new members of staff to help us keep up with our increasing workload and growing client base. However, the building that we currently occupy simply isn’t big enough, and we are now in the process of building new, purpose built, premises in Burscough, just a few of miles down the road.
It’s generally more tax efficient for a director shareholder to extract the majority of profit from a company as dividends rather than take it as a salary. But what if the company is undertaking R&D? Is this still the optimum remuneration strategy?Read More
George Osborne has delivered his eighth Budget and sparked controversy by warning of the risks to the UK economy of EU exit. He said the UK was “well placed” to handle a “dangerous cocktail” of global economic risks if “we act now so we don’t have to pay later”. Labour have said it is a budget with “unfairness at its very core”. What do you think? Here’s some of the key points from the Spring Budget.
Xero gives you the flexibility to run your business from your Mac, PC, tablet or phone. Manage your invoicing, bank reconciliations, payroll, stock, quotes, expense claims, payments to suppliers and reporting all from the comfort of your office, home or on the move. Get a real-time view of your cashflow, reduce manual data entry, get paid faster and improve your cashflow – what could be better?!
As far as key responsibilities for employers to consider currently, there aren’t many more pressing than payroll and auto-enrolment. Both are critical considerations that you as a business owner simply cannot afford to get wrong. In this blog, Kirkwood Wilson Accountants gives you the latest news and advice to keep you ahead of the game.
We all make personal New Year’s resolutions, mostly along the lines of ‘must lose weight’ or ‘must drink less’ – sound familiar? But how many of us actually think about making resolutions for the business? In this blog, Kirkwood Wilson Accountants gives you FIVE business-minded resolutions to kick-start your year as you mean to go on.Read More
It’s that time of year again that most business owners dread; filing your Self Assessment Tax Return. With the 31 January deadline for online submissions looming, Kirkwood Wilson Accountants gives you a timely reminder of everything you need to consider to get your tax return filed safely for another year.