As an owner or director, it may be possible for you to pay less tax on your income from your company through dividends.
Monthly Archives: June 2023
Understanding and navigating job expenses
Navigating job expenses can seem daunting at first glance. There are a plethora of rules and regulations that can leave employees feeling overwhelmed.Continue reading
Managing an Overdrawn Director’s Loan Account
Are you a company director contemplating a loan from your own business? If yes, it’s crucial to understand the workings behind the Director’s Loan Account (DLA) and the implications of an overdrawn director’s loan account (ODLA). Continue reading
Is cloud accounting the future for businesses?
In the world of entrepreneurship and small businesses, technology continues to revolutionise the way we manage our operations.
The importance for businesses of avoiding tax fraud
HM Revenue & Customs (HMRC) recently announced that it plans to boost its use of Code of Practice 9 (COP9), a legal mechanism used to handle suspected tax fraud cases.
How to spot the early signs that your business may be facing financial difficulty
Many businesses across the UK have been financially affected by the cost-of-living crisis and the rise in inflation and have also suffered from the fallout of Covid-19 loan schemes and companies’ failure to make repayments. Continue reading
HMRC issues extension to deadline for voluntary National Insurance contributions
The Government has recently announced an extension to the deadline for individuals to pay voluntary National Insurance contributions (NICs), in a move that will benefit thousands of people across the country.
Hybrid company cars: What do you need to know?
With the sale of new petrol and diesel cars set to cease in 2030 and rising fuel costs, the demand for hybrid and electric cars is on the rise.
Strutting our stuff for Scottish Huntington’s Association
On 14 May, our team smashed the Dance 100 challenge by dancing their hearts out in aid of our charity of the year Scottish Huntington’s Association (SHA).
Not only did the team dance along to an impressive 100 songs back-to-back but we were also the proud sponsors of the event, which brought together more than 200 team SHA members.
The team had a great time showcasing their dance moves and raising awareness for such an important cause.
In just over 2 months, we have raised a fantastic £697 for Scottish Huntington’s Association, and we don’t plan to stop there!
We have plenty of other fundraising plans up our sleeve, including a long-distance challenge walk around the Speyside Way and an office charity day which includes the hilarious ‘Pie a Director’ challenge.
The team can’t wait until our next charity adventure.
If you would like to join us in raising funds for Scottish Huntington’s Association, make a donation today by clicking here.
What else have we been up to?
While Scottish Huntington’s Association is our main charity focus this year, we are also passionate about supporting other local causes.
On 6 May, 10 team members participated in the St Andrew’s Hospice “It’s a Knockout” competition, which saw teams of 10 take on a series of fun challenges and tasks, all while raising money for the charity.
Our team gave it their all and had a fantastic day raising awareness for St Andrew’s Hospice, which has a special place in our team member’s hearts.
The team has raised an incredible £1080 in donations so far, great work everyone!
New HMRC service allows businesses to set up online payment plans for VAT owed
HM Revenue & Customs (HMRC) have recently confirmed that businesses that owe less than VAT £20,000 can now set up a payment plan online. Continue reading