IR35: Where are we now?

11/12/2024 The government introduced the ‘Intermediaries Legislation’ in the year 2000. It is commonly known as ‘IR35’. In very general terms, IR35 will be in point where for example, Fred is working regularly for the Bovit Group via his personal service company, Fred Limited. Bovit Group → Fred Ltd → Fred For IR35 to be […]

Gravita’s Budget Webinar summary

Last week, we hosted Gravita’s Budget webinar where we shared insights from the first Labour Budget, focusing on key areas of interest including succession planning, replacement of the non-dom regime, exit strategies, and inheritance. For those with business interests, shares, or property assets, the evolving landscape has introduced significant complexity. Additionally for those who are […]

Gravita adds some Oxford excellence as we welcome Critchleys

We’re delighted to announce that Oxford-based firm Critchleys has joined Gravita. From our earliest conversations, it was clear that we had found kindred spirits in the Critchleys team. Just like us, they love working with innovative businesses and are committed to providing exceptional, hands-on services to help their clients grow; the perfect combination.  Critchleys has […]

Critchleys accountants joins challenger firm, Gravita

Critchleys accountants joins Gravita, who are transforming how growth businesses in the UK receive accounting services For well over a century, Critchleys has been recognised as one of the leading accountancy firms in Oxford, working with individuals, businesses and charities. Critchleys has found kindred spirits in Gravita, and as a top 40 accountancy firm, we share […]

Case study: Driving growth and profitability with Shift⁶

Driving Growth and Profitability Through Outsourced Financial Expertise Shift⁶ founder Edwina Eddleston partnered with Gravita for monthly bookkeeping, VAT returns, payroll and management accounts. She streamlined her PR business’s financial operations, supporting growth and profitability before working with Gravita for a seamless exit. The Shift⁶ Story Seven years after founding PR agency Shift⁶ in 2017, […]

Allocation of tips for staff – what’s changed?

Effective from 1st October 2024, a new law under the Employment (Allocation of Tips) Act 2023 will transform how tips are distributed in various industries across England and Wales and will impact the hospitality, leisure and service sectors predominantly. Previously, some business owners were able to withhold tips, using them to reinvest in their business, […]

How do I calculate my part-time employee’s holiday entitlement?

Is holiday entitlement calculated differently for part-time employees? No. Full-time employees are legally entitled to 28 days (5.6 weeks) paid holiday each year minimum, and this can include bank holidays. Part-time employees are entitled to 28 days’ paid holiday, just in proportion to the hours they work.   What about bank holidays? If the contract […]

Should your charity pay VAT? Understanding reliefs, reclaims, and registration

We often get asked whether charities should pay VAT or not. It’s complex and it depends. There are some ‘reliefs’ available for charities, so they do not always have to pay VAT, but such reliefs are very specific, and the relevant conditions must be met. Unfortunately, many costs incurred by charities will include VAT. However, […]

Carter Backer Winter joins Gravita

We’re delighted to announce that Carter Backer Winter has joined Gravita, now a Top 30 firm. Continuing our mission to become the UK’s leading tech-enabled accountancy firm for growth businesses, we’re thrilled to announce our new partnership with Carter Backer Winter, a top-60 chartered accountancy firm based in the City of London. For over 65 […]

Davis Grant joins Gravita

We’re delighted to announce that Davis Grant has joined Gravita At Gravita, we’re passionate about our mission to become the leading tech-enabled accountancy firm for growth businesses in the UK. As such, we’re delighted to announce our new partnership with Davis Grant, a tech-focused, forward-thinking chartered accountancy firm based in Ilford, Essex. Davis Grant have […]