PAH Accounting are here to support and help small businesses, both existing clients and those others that may need support. We are working in conjunction with our key business partners, ABC Accounting Services SW Ltd, SW Payroll and Cheltenham Bookkeepers Ltd We will post the most up to date information here as and when it…
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Philip Hammond announced the Spring budget as his first and last. This is due to the move to autumn for the main budget with a spring update instead. This update highlights some of the key impacts for small businesses: The Chancellor announced a one year deferral from Making Tax Digital for Business for unincorporated businesses…
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Keep viewing here for updates on the 2015 budget as declared on 18th March 2015. This will be updates that affect small businesses and individual tax Expected measures Further pension measures Annual tax returns to be replaced by individual online accounts Personal Allowance to go beyond £10,600 Here we go Growing, creating jobs and economy…
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The pre budget statement was read, with George Osborne announcing some key changes. Osborne stated that the Uk is fastest growing economy; higher growth, lower unemployment and falling inflation. Business investment risen by 27%. The chancellor wants to support businesses that create jobs and apprenticeships. There was a big mention of crack down of tax…
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Minimum wage rises to £6.50 an hour The national minimum wage (NMW) for adults will rise by 19p an hour to £6.50 on 1 October 2014, the Business Secretary Vince Cable has announced. The Government has agreed to follow the three per cent rise proposed by the Low Pay Commission last month. This will be…
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The Chancellor George Osborne delivered his Autumn Statement to Parliament. This sets out how the government will continue to secure the public finances, support families with their costs, help businesses to grow and equip young people with the skills they need to succeed. The Autumn Statement reinforced the government commitment to the long-term economic plan…
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The bookkeeping awards 2013 are now up for nomination. As you may recall I have been a winner and runner up in the ‘Most innovative accountant‘ category over the last couple of years. I would love to be somewhere in the running in that category again; however, there is also an additional new category –…
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Common tax efficient strategies such as using dividends and alphabet shares being paid in lieu of actual employee pay have once again come under the spotlight. The case of PA Holdings has been going through the courts for several years. It was due to go to a final hearing in the Supreme Court in July…
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As most businesses will now be aware HMRC are bringing in a new way of filing and reporting PAYE. this will commence from April 2013. This is called Real Time Information or more commonly RTI. As an employer this could affect you in a number of ways. We have outlined the basic information that you…
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Business groups have advised businesses to do all they can to mitigate the impact of bad weather, which can disrupt deliveries, cause heating and power failures and make it difficult for employees to get to work. Advice includes: • Allowing staff to work from home – this could include providing computers and setting up remote…
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