Changes to National and Minimum Wage from 1st April 2024

word art with Minmum wage text

Get ready! As we approach April 1st, 2024, all employers need to be on their toes regarding the upcoming changes in the National Living and Minimum Wage rates. The National Living Wage, previously exclusive to workers aged 23 and over, will now extend its reach to include those aged 21 and over. It’s a significant shift and staying informed is … Read More

AutoEntry by Sage Mobile App

Hands holding a mobile phone displaying Sage AutoEntry Mobile App

We’re thrilled to announce that the AutoEntry by Sage mobile app now supports the upload of multiple images directly from your phone gallery, with a maximum of 15 images per upload. You can also capture photos using your phone camera, making it easier than ever to upload your documents in bulk. This enhancement is designed to save you valuable time, … Read More

Sage 50 Accounts v30 is here!

Sage logo on black background with image of laptop

There is a phased rollout of Sage 50 Accounts version 30. This will be a 64-bit version of Sage 50 Accounts. Transitioning to a 64-bit application will be straightforward for most users. When you install v30, you will be offered the 64-bit version by default. If you still need to use a 32-bit version, there will be one available. What … Read More

Will You Be Impacted By The New Online Seller Rules?

Lady with laptop on desk and clothes hanging in background.

HMRC has introduced new rules that affect anyone who sells items on sites such as eBay, Vinted, Etsy, or Depop or people who rent out their homes on Airbnb and other similar sites. It also includes delivery drivers for Deliveroo and UberEATS, or freelancers that sell services through a website and earn money from doing so. The new regulations came … Read More

Can I do my own Bookkeeping?

lady sitting of sofa doing bookkeeping on a coffee table.

As the new year begins, you may be thinking about starting a new business or assessing your current business and looking to get your finances in order. As part of this, you may be looking at doing your own bookkeeping as an option. But could you do it yourself? Absolutely, managing your own bookkeeping can be both empowering and cost-effective, … Read More

Can We Claim Input Tax on a Gym Membership Scheme?

Leg with trainer shoe on, on a gym mat

As the new year unfolds, businesses may want to invest in their most valuable asset: their employees. One impactful way to support staff well-being and productivity is by offering corporate memberships to a gym, and there’s no better time than in January. Let’s look at what benefits it could bring to a business: Can we claim input tax on a … Read More

Paying employees early at Christmas 2023

Lady with reindeer ears on, hanging baubles on a Christmas tree

If you are an employer and you pay your employees early over the Christmas and New Year period, it is important to note the current guidance for employers on reporting PAYE information in real-time when making payments early during the festive period. In 2019 permanent easement on reporting PAYE information in real time was introduced, as employers may pay their … Read More

What expenses can I claim for meals while out on the road or staying overnight?

Lady walking with suitcase holding a notebook

If an employee or company director is required to travel for work or work remotely for an extended period away from their usual office, their employer might cover expenses such as accommodation, meals, transportation, and other essential costs, referred to as subsistence. Subsistence while working away from the office typically refers to the necessary expenses incurred to sustain oneself while … Read More

From November 2023 HMRC will remove paper VAT registration

Ladies hand with pen in completing a form

From November 2023, HMRC (Her Majesty’s Revenue and Customs) has advised that businesses and their agents should apply for VAT registration through the VAT Registration Service, as the paper VAT1 form will be removed. HMRC has stated that “it’s the quickest, most secure, and easiest way to register, and over 95% of their customers already use this service)”. You will, … Read More

Can I pay for Spotify and Amazon Prime through my Business?

lady with feet on desk listening to music with headphones

We often see clients that put Spotify and Amazon Prime subscriptions through their business as an expense, because they use them in their everyday business life, but are they an allowable business expense? In the world of business and taxation, it’s no secret that managing expenses is crucial in maintaining profitability. Business owners often rely on tax deductions to ease … Read More