Category: Accounting

  • Auto Enrolment Pension Rates

    Auto Enrolment Pension Rates

    First introduced in 2012 and rolled out to all businesses over the following six years, workplace pensions have changed the way in which employers provided their staff with the opportunity to save for their pensions. Prior to its introduction, employers were not obliged to offer a scheme and, if they did, their employees had to…

  • HMRC Coronavirus Fraud

    HMRC Coronavirus Fraud

    During the Coronavirus (COVID 19) crisis, the national debt has risen significantly as the Government has had to borrow huge sums of money to protect people’s livelihoods, businesses, and health. The first national lockdown ordered by the government on 23 March 2020 plunged the country into its deepest recession for three hundred years and, while…

  • Everything you need to know about ATED

    Everything you need to know about ATED

    If your company owns property worth more than £500,000, then the likelihood is that you will be required to pay the Annual Tax on Enveloped Dwellings (‘ATED’) each year on your investment. The decision to tax properties owned by limited companies was an attempt to deter corporate ownership of residential property in the UK and,…

  • What is a Sole Trader? Your guide to becoming self-employed and what it means for you

    What is a Sole Trader? Your guide to becoming self-employed and what it means for you

    What is a sole trader? There are many different types of business structures available for entrepreneurs to choose from in the UK and is being a sole trader the right business structure for your business?

  • Five Employment Law Changes Coming In April 2021

    Five Employment Law Changes Coming In April 2021

    With April swiftly approaching, there are many key changes in Employment Law. We highlight the five key ones below with employment tribunal, statutory sick pay, family leave, minimum wages and perhaps for us, most significantly IR35 changes.

  • Shara joins Black and White

    Shara joins Black and White

    We are really excited to announce that Shara Iles has joined us from FigureFox Ltd.

  • How Do I Contact HMRC By Phone?

    How Do I Contact HMRC By Phone?

    There are a variety of different ways to contact HMRC – by phone, email, post, and even by webchat. The best ways to contact them though remain by phone and by post because HMRC’s agents can go into a level of details with you which is not possible when using the relatively insecure email and…

  • Redundancy? Or What’s the Alternative?

    Redundancy? Or What’s the Alternative?

    The impact of coronavirus continues to be substantial, with many businesses across the UK facing significant business worries and little certainty on the edge of the horizon. In such a situation, employers therefore need to consider all eventualities, including potentially making people redundant, it is the only responsible thing to do. However, the problem with…