General
Putting Making Tax Digital for VAT into Practice
Although there has been much discussion over whether the start of Making Tax Digital for VAT will be delayed, there’s no sign of the initiative slowing down. This means the vast majority of VAT-registered businesses will have to comply with Making Tax Digital for VAT in respect of VAT periods beginning on or after 1 […]
Product Update December 2024 | Employment Hero
Welcome back to the final edition of the 2024 Employment Hero product update – can you believe another year is almost done and dusted? Although 2024 is winding down, our product updates definitely aren’t. So, what’s new in December? We’ve improved the organisational chart, added more flexibility to the approval processes in expenses, added a new […]
How Flexible Working Can Benefit Your Firm
Flexible working can take many forms, such as working reduced hours, working from home, starting and finishing work earlier/later than normal, and job sharing. Even though the technology is available to make flexible working successful, from Skype to cloud-based accounting software and tax filing solutions, flexible working has yet to really take off in accounting […]
What the 2024 Autumn Budget Means for Employers
On the 30th October 2024, the Labour Government issued its first budget since coming into power. And as expected, there are plenty of changes that employers should be across; in this blog we set out the key points that will impact businesses. Any changes in legislation are confusing and often complicated, which can result in […]
5 ways to stop busy season becoming burnout season
As the dreaded January busy season looms, it’s essential that you think about how to prepare yourself to avoid it having repercussions for your health and your practice. We’re talking about burnout – recognised as an “occupational phenomenon” by the World Health Organisation (WHO). It’s more than just ‘being stressed’. Burnout could severely disrupt your […]
A Detailed look at the Employment Rights Bill
The Employment Rights Bill, which gives effect to the government’s “Make Work Pay” manifesto, is now working its way through Parliament. And as such, we are getting more and more detail about what the new legislation means for businesses. The government has recently published its Next Steps to Make Work Pay policy paper which provides […]
How to change tax code: the complete guide
We’ve all been there at some point or another. Whether it’s because you’ve recently moved jobs, you’ve had a change to your personal allowance, or your marital status has changed, it’s an inevitability that you will need to change your tax code at some point. You may also need to check your tax code to ensure it’s correct and up to date. Even […]
Product Update November 2024 | Employment Hero
A big hello and welcome back to the November edition of the Employment Hero product update. We’re getting closer to the end of the year, but we’re not slowing down. Our team has been working hard behind the scenes and we’ve got a tonne of new and exciting updates to share with you. So, what’s […]
Corporation Tax: What is it and what you should know
This guide takes you through the fundamentals of Corporation Tax in the UK, helping you make sense of a core component of business taxation and answering questions you might have. Whether you are a start-up encountering corporate tax for the first time, an established business looking to understand your finances better, or an accountant wanting […]
Common Scenarios for Payroll over the Christmas Period
Pay Runs In December, you may want to pay your employees earlier than usual, so they receive their pay before Christmas. When paying employees early, you should report the payment to HMRC with the normal pay date reported on the FPS. If you are paying weekly pays that for example are due to be paid […]