How to set up a pension scheme for your business
13/02/2025 Written by Associate Director, Marc Taylor If you employ at least one person, setting up a workplace pension scheme isn’t just a good idea – it’s a legal requirement. Since the introduction of auto-enrolment, businesses must ensure eligible employees are enrolled in a pension scheme and that the correct contributions are made. While this […]
Accounting for waste recycling companies
12/02/2025 Audit Partner, Jenny Cessini Partner, Technology Sector Head, Ben Chernoff The waste recycling industry operates in a complex financial landscape, requiring tailored accounting practices to address unique challenges. From managing irregular stock availability to navigating specific tax regulations, this guide provides insights to support waste recycling businesses in optimising their accounting processes. Table of […]
The new Employers’ NICs rates – how will they impact your business and your people management strategy?
Written by Accounts Partner, Jen Sewell In the 2024 Autumn Budget, the government announced that the following changes would come into force from 6th April 2025 for Employer’s NIC: A decrease of the Secondary Threshold from £9,100 to £5,000 from which Employers NIC is calculated An increase in the Class 1 NICs rate from 13.8% […]
What does the Autumn 2024 Budget mean for the UK’s hospitality industry?
Written by Outsourcing Partner, Sudhir Rawal The 2024 Autumn Budget has landed, and for the UK’s hospitality sector, it spells a more challenging time ahead. Rising costs from wage increases, National Insurance changes and reduced rate reliefs are set to squeeze budgets even further. With these updates, businesses across the industry will feel the strain. […]
Accounts for medium-sized businesses
Written by Accounts Partner, Rachel Jackson Transitioning from a small to a medium-sized business is an exciting time in a company’s journey. However, it also introduces new complexities in terms of financial reporting. For instance, as the audit exemption is not available for standalone medium-sized companies, this will often be their introduction to the audit […]
Directors’ remuneration: A practical guide for shareholders and directors of small and medium-sized enterprises
Written by Accounts Partner, Mark Rubinson For directors and shareholders of small and medium-sized enterprises (SMEs), structuring your remuneration is one of the most important financial decisions you’ll make. Most directors aim to minimise their tax liabilities. The key challenge is to find the right balance between salary and dividends while complying with legal requirements […]