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‘Tis the season to be jolly…
After a year off the office Christmas party is coming back. Love it or hate it, staff entertainment has always played an important part in team building, but whilst the cost of entertaining employees is an allowable deduction for the…Read more
Kickstart, what is it and is right it for your business?
Launched in 2020 as part of the Chancellor’s ‘Plan for Jobs’, Kickstart aims to create thousands of high quality, 6 month work placements for people aged 16-24 who are currently claiming Universal Credit. The ultimate goal is to help young…Read more
Something to Shout About
We are proud members of The Institute of Chartered Accountants in England and Wales, the professional association dedicated to promoting and developing chartered accountants and accountancy students around the world. Formed in 1880 and numbering some 180,000 members in 140+…Read more
Often thought of as a purely HR function, the processes involved in succession planning are key to the long-term success of any business, and as such they must be considered as part of your financial plans. The identification and development…Read more
Employer Compliance Visits by HMRC
Employer Compliance Visits by HMRC This is a longer article than those that we usually publish, however it’s a very important issue and we make no apologies for covering it in some detail. As ever, we strongly advise that if…Read more
In Praise of Appraisals
Why it’s good to listen… and learn. We hate to generalise but here goes anyway… accountants and finance professionals are quite often process driven, we love a system that works and appreciate the beauty of a well-balanced set of accounts,…Read more
IR35 – Off Payroll Working Explained
The rules to counter this very specific type of alleged tax avoidance were first outlined as long ago as 1999 and have actually been enshrined in law since the Finance Act of 2000 was published. Although the 2000 legislation gave…Read more
Budget 2021 – what does it mean for individuals?
In 2019 the Tory election manifesto committed to not increasing income tax, National Insurance and VAT rates within the next term. Whilst it would be understandable given the last 12 months that this promise might need to be broken, Sunak…Read more
Budget 2021 – what does it mean for employers?
Employers are largely unaffected by the Budget changes, beyond the extension of the Furlough scheme through to September, which is covered separately. The emphasis of this Budget was on encouraging recruitment, with additional funding for apprenticeships and training. The grants…Read more
Budget 2021 – what does it mean for COVID support?
Whilst the Chancellor was projecting a return to “normal” by the Summer of 2022, it is clear that businesses are by no means out of the woods and the theme was continuation of the existing schemes with some enhancement for…Read more
Budget 2021 – what does it mean for companies?
An increase in the rate of Corporation Tax had been widely touted as a prediction before Budget Day, but the expectation was an increase of one or two points, with a nod towards not wanting to hinder economic recovery. The…Read more
Budget 2021 – what does it mean for business?
Personal Tax rates and National Insurance have been untouched for the coming year. The main points of interest relate to covid relief schemes which are covered separately. Losses Losses can now be carried backwards for up to three years, which…Read more
‘Small enough to care, large enough to cope’ was once a common refrain, through overuse and changing fashions, it is not heard very often these days, which is rather a shame, because it really does sum up Butt Miller. Some…Read more
Butt Miller – Encouraging Innovation
There is nothing new under the sun… or so they say. We of course beg to differ: after all, someone had to invent the wheel, otherwise airplanes could never have landed.Read more
Is Your Business Brexit Ready?
There remains a great deal of uncertainty surrounding the detail of Brexit and given the additional strains placed on the economy with the ongoing COVID-19 restrictions, it would be a brave accountant indeed that tried to predict the financial consequences.Read more
Capital Gains Tax on House Sales, Do Not Be Caught Out
Many people it appears are either unaware, or unsure of the regulations but as the housing market is gaining momentum again, now is a great time to look at the current situation in respect of selling a house.Read more