Finance
Have you paid the right amount of High Income Child Benefit Charge for 2022/23?
Aug 27, 2024
You may have recently received correspondence from HM Revenue & Customs (HMRC) asking you to check if you need to pay the High Income Child Benefit Charge and to double-check the amount if you have already paid. If you or your ...
READ MORE
Managing staff costs: Statutory payments and compliance
Jun 04, 2024
Staff costs represent a substantial portion of your expenditure as a business owner, so it’s important that you understand what payments you have to make and how to plan for them. Many employers fail to consider statutory payments in addition to ...
READ MORE
Ten top tips for boosting your budget
May 24, 2024
Effectively managing your budget is crucial for business success, especially in challenging economic times. Speaking with an accountant can significantly enhance this process by identifying further efficiencies and effectively managing cost savings. Here are our top ten tips for boosting your budget ...
READ MORE
Streamlining your payroll set-up with employment and tax records
May 21, 2024
When your business takes on a new employee, we know that you’re eager to get them settled into their role – but not before you’ve completed the right checks and set them up in your payroll system! If you ask for ...
READ MORE
How SMEs can benefit from £6.4 million AI training fund
May 09, 2024
The Department for Science, Innovation and Technology (DSIT) has recently introduced a vital initiative targeted at small and medium-sized enterprises (SMEs) in the Professional Business Services sector. This scheme, the Flexible AI Upskilling Fund, commits £6.4 million to bridge the skills ...
READ MORE
How your business can benefit from using Management Accounts
Apr 25, 2024
Management Accounts consist of regularly updated reports for both internal managers and external stakeholders or investors. These reports deliver essential financial data that demonstrates your business’s operational effectiveness. While not compulsory, Management Accounts facilitate improved decision-making and enhanced monitoring of your progress ...
READ MORE
Ahead of the 6 July deadline, remember that P11D rules are changing
Apr 23, 2024
If you choose to offer certain benefits to your employees, then you may incur additional Class 1 National Insurance (NI) liabilities which must be reported to HM Revenue & Customs (HMRC). This applies to benefits known as ‘benefits in kind’ (BIKs), ...
READ MORE
Why are business plans so important?
Apr 18, 2024
Many believe that business plans are only necessary for start-ups and new enterprises. Maintaining an active business plan throughout the life of your business can ensure its continued success. Creating a business plan may seem daunting, but with clear priorities and guidance ...
READ MORE
Reviewing your payroll? Check what’s changed
Apr 16, 2024
With the new tax year underway, it’s time to review your payroll to ensure that it reflects the latest changes and updates to legislation around pay, holiday and tax. The new financial year is a busy time for employers and business ...
READ MORE
What are the benefits of using the HMRC app?
Apr 11, 2024
The HM Revenue & Customs (HMRC) app was launched in 2023 and has quickly become a key tool for many, with over 80 million interactions. Designed for convenience and efficiency, the app stands as a crucial resource for managing tax affairs. Upon ...
READ MORE
© Walker Begley 2024. All rights reserved. Regulated for a range of investment business activities by the Institute of Chartered Accountants in England and Wales. Registered in England and Wales no. 5280582
- Privacy
- Terms & Conditions
- VAT number: 107 1775 25
- The information required by the ‘Provision of Services Regulations’ is on display at our office.