Entries by Mani Kauren

IR35 in The Private Sector

Key considerations for contractors before April 2020. Large and medium-sized organisations have just six months left to prepare for changes to off-payroll working rules, which are due to extend to the private sector next spring.  From 6 April 2020, firms that engage private-sector contractors will be responsible for deciding if the rules should apply and […]

Insider October 2019

Most VAT-registered businesses are signed up for Making Tax Digital Almost three quarters (74%) of VAT-registered firms signed up for Making Tax Digital (MTD) before the second stagger deadline last month. HMRC’s figures showed that over 230,000 mandated businesses joined the scheme before the 7 September 2019 deadline. Most (94%) signed-up businesses submitted VAT returns […]

Property as an Investment for Landlords

With low interest rates, property remains attractive. As the global financial crisis began to bite in 2008, central banks in several nations took action, attempting to shock the world economy back to life by slashing base interest rates. The idea behind this kind of stimulus is to make saving less attractive, hopefully prompting people to […]

Insider August 2019

Demand for digital skills among businesses tipped to ‘skyrocket’ Businesses could be set to face an increasing talent gap in the coming years as demand for digital skills continues to rise. The Confederation of British Industry (CBI) said 67% of UK firms currently have unfilled digital vacancies. Its Delivering Skills for the New Economy report […]

Construction Industry Scheme

And upcoming changes for reverse charge VAT. Few sectors have such an impact in the UK as the construction industry. It not only provides the fabric of our nation – the places where we live and work – but also underpins our entire economy. In 2017, construction contributed £113 billion to the UK economy, while […]

Saving For Your Retirement

Are you on track for a comfortable retirement? All of us dream of the day we can retire, saying goodbye to the alarm clock and commute, filling our days with sun-soaked beach holidays, leisurely rounds of golf, or cruising the world. As delightful as that sounds, the days when people can retire at a certain […]

Insider July 2019

HMRC error affects payments on account bills for some taxpayers Some taxpayers may not receive a bill for payments on account this month, and face paying a higher bill in January 2020. The Association of Taxation Technicians (ATT) is advising individuals affected by an error with HMRC’s systems to set aside money to pay the […]

Tapered Annual Allowance

How it affects high net-worth individuals. The tapered annual pension allowance for high net-worth individuals was in the headlines again recently. Concerns were raised that its impact on doctors within the NHS pension scheme is prompting high-earning NHS staff to leave their posts or reduce their hours. In December 2018, it was reported that the […]

Identifying Inefficiencies In A Business

Avoiding waste, maximising profit. Accountants, as a breed, are fans of efficiency. We tend to appreciate optimised systems and abhor waste, whether it’s time, effort or resources being frittered away. The concept of efficiency as we know it today is a product of the industrial revolution. That’s when engineers and manufacturers became obsessed with squeezing […]

Insider June 2019

Small business owners hit out at ‘unfair’ UK tax system Most small business owners in the UK do not think the tax system treats their business fairly, according to the British Chambers of Commerce (BCC). In a survey of 1,000 firms, 58% of SME owners said they think the UK tax system is unfair, with […]