Posts Tagged: #AutoEnrolment

Six Month Tax Deferral

Find out how the Government’s Covid-19 tax extension could affect you. What is it? If you are self-employed, and have to pay tax above a threshold amount, you will have to make payments of account towards your tax next year. The second of these payments is normally due on the 31st July, however, due to… Read more »

Claiming VAT on entertaining on Valentine’s Day

Claiming VAT on entertaining non-staff is usually not allowed, but there are certain times when you can do it.     The input VAT is usually not claimable on the costs of entertaining non-staff. This rule also applies to staff whose role is to look after the guests and make sure they enjoy themselves.   It… Read more »

Monster Charges

And so it starts, the persecution, prosecution and penalties for Small Businesses as the Regulator confirms there has been a considerable increase in the number of compliance notices issue; with some small firms failing to get their affairs in order until they were issued a fixed penalty notice of £400. When they rolled out the… Read more »

You & Auto Enrolment

There is no choice, no way round it and HMRC will not be lenient; Automatic Enrolment is a Government initiative that all employers must comply with. Whether you employ one gardener or a workforce of hundreds, Auto Enrolment is designed to help more people save for later life, through a pension scheme at work. This… Read more »

Micro businesses struggle with auto-enrolment

It has been reported that micro-businesses are struggling to prepare for auto-enrolment as staging dates loom over the next coming year. The costs for auto-enrolment are estimated at £8,000 per small business, yet 40% of vulnerable small businesses believe it will cost nothing to set up whilst 11% think it will cost around £5,000. On… Read more »