By Tom Maxwell In Advice, Blog, NewsPosted 19/07/2022 Take control of your business! We were finally getting over the financial crisis when Covid struck. Then, in the trough of the worst economic downturn in 300 years, we discovered that recovery was driving the Financial Times [...] 0 Read More
By Tom Maxwell In Advice, Blog, NewsPosted 19/07/2022 Wright Vigar host Charity Golf Day to support DevelopmentPlus On Friday 15th July, Wright Vigar hosted their annual charity golf day at Market Rasen Golf Club to raise money for a local charity, DevelopmentPlus, who work alongside disadvantaged and [...] 0 Read More
By Tom Maxwell In Posted 15/07/2022 Charity Golf Day Join us for our annual charity golf day and help support developmentplus who work alongside disadvantaged and vulnerable people to help them develop initiatives that will improve their quality of [...] 0 Read More
By Tom Maxwell In Advice, Blog, NewsPosted 13/07/2022 The Young Innovators & Made Smarter Innovation Alley The Young Innovators Awards 2022/23 Ground-breaking ideas can come from anyone and everyone. Innovate UK are on the hunt for innovators who could benefit from a business-boosting support [...] 0 Read More
By Tom Maxwell In Advice, Blog, NewsPosted 12/07/2022 MTD for income tax – Quarterly information to be reported by businesses Making Tax Digital (MTD) for Income Tax will apply to sole traders, property landlords and certain other businesses with gross turnover and/or property income over £10,000 a year and will [...] 0 Read More
By Tom Maxwell In Advice, Blog, NewsPosted 11/07/2022 Cash flow is the most important issue in my business Do you agree? Many of our other clients do. In this uncertain economy, managing your cash flow is more important than ever. If you are concerned about future trading conditions, then take some [...] 0 Read More
By Tom Maxwell In Advice, Blog, NewsPosted 28/06/2022 Claiming tax relief on work expenses The cost of living increase means it’s never been more important for your employees to claim tax relief on work-related expenses. HMRC want to encourage employees to claim money they are entitled [...] 0 Read More
By Tom Maxwell In Advice, Blog, NewsPosted 27/06/2022 Employees provided with electric cars should check they are taxed correctly HMRC’s online forms P11D and P46(vehicle) have a bug that prevents it from always calculating electric car BiK accurately. Check your tax code numbers if you have an employer-provided [...] 0 Read More
By Tom Maxwell In Advice, Blog, NewsPosted 21/06/2022 Making Tax Digital for VAT – New penalties for non-compliance HMRC have issued guidance for VAT-registered business and their agents on how to avoid penalties for non-compliance with the Making Tax Digital for VAT (MTD) rules. In particular, there is a new [...] 0 Read More
By Tom Maxwell In Advice, Blog, NewsPosted 15/06/2022 Prepare your payroll for the National Insurance changes in July 2022 From 6 July 2022, some National Insurance Contributions (NICs) thresholds will increase. The primary threshold for 6 July 2022 to 5 April 2023 will rise to: £242 per week £1,048 per month £12,570 [...] 0 Read More