Monthly Archive January 31, 2024

Attention UK Taxpayers – do you understand the 500T tax code?

January 31, 2024 Comments Off on Attention UK Taxpayers – do you understand the 500T tax code? By Joshua Leigh & Co

The 500T tax code in the UK is a temporary, non-cumulative code used by HMRC when they lack information.

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Management accounts – Why SMEs should embrace regular reporting

January 30, 2024 Comments Off on Management accounts – Why SMEs should embrace regular reporting By Joshua Leigh & Co

Consistent financial reporting needs to be a core part of your financial strategy to ensure sustainable business growth.

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New payrolling of Benefits-in-Kind (BIK) system: A guide for SMEs 

January 25, 2024 Comments Off on New payrolling of Benefits-in-Kind (BIK) system: A guide for SMEs  By Joshua Leigh & Co

From April 2026, small and medium-sized businesses will be required to report and pay taxes on employee benefits like company cars and accommodation directly through their payroll software.

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Warning to all taxpayers – Pay your taxes on time amidst rising interest rates 

January 24, 2024 Comments Off on Warning to all taxpayers – Pay your taxes on time amidst rising interest rates  By Joshua Leigh & Co

As the deadline for paying any tax approaches, it is crucial you make your payments accurately and on time before it is too late.

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Debt management strategies for SME business owners

January 23, 2024 Comments Off on Debt management strategies for SME business owners By Joshua Leigh & Co

Although it can have negative connotations, debt is inevitable for most businesses.

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Going green – The financial benefits of investing in a cleaner future 

As a small business owner, embracing environmentally friendly practices not only supports a sustainable planet but can also unlock significant financial benefits for your business.

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So, you want an electric company car? The tax perspective

January 19, 2024 Comments Off on So, you want an electric company car? The tax perspective By Joshua Leigh & Co

Environmental consciousness is becoming more and more aligned with business operations, and electric vehicles (EVs) are becoming a popular choice for company cars as a result.

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Can you afford to miss your Companies House deadline?

For limited companies registered and operating in the UK, one of the requirements that directors must meet is filing annual accounts with Companies House.

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Here’s how you can boost your SME’s efficiency and beat rising costs in 2024

January 18, 2024 Comments Off on Here’s how you can boost your SME’s efficiency and beat rising costs in 2024 By Joshua Leigh & Co

If you’re concerned about how rising costs will impact your SME, you’re not alone.

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Payroll tax obligations – Have you got it covered?

January 16, 2024 Comments Off on Payroll tax obligations – Have you got it covered? By Joshua Leigh & Co

If you employ one or more people for paid work, it’s essential that you have a properly managed payroll.

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