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As a small business owner, staying on top of employer legal requirements can sometimes feel overwhelming, especially when it comes to employee pensions. One obligation for businesses in the UK is auto-enrolment, a legal requirement for most employers to automatically enrol eligible workers into a pension scheme.   Navigating these rules can be a little bit … Read moreNest Pensions and Auto-Enrolment: A Simple Guide for Small Businesses

As a small business owner, navigating HMRC’s processes can feel daunting, and automated checks add another layer to think about. Understanding how these checks work, what triggers them, and how to avoid unnecessary scrutiny is really important as it can save you time, effort, and stress.  So, what should small business owners know about HMRC … Read moreHMRC Automated Checks: What Small Businesses Should Know

If you’ve been keeping an eye on company car benefits, you know the rules can feel a bit like a minefield, especially when it comes to double cab pickups. These vehicles have been the subject of not one but two dramatic tax policy changes recently.  So, why is this the case? And, most importantly, what … Read moreDouble Cab Pickup Tax: What You Need to Know About the Latest U-Turn

Company cars have always been viewed as an attractive perk, offering convenience, mobility, and even financial advantages. But with changes on the horizon, especially for hybrid and electric vehicles, there’s a lot to consider when deciding whether a company car makes sense for you or your business.  Here’s an updated look at company car benefits, … Read moreEverything You Need to Know About Company Car Benefits

The Autumn Budget 2024 has introduced some big changes to the UK’s National Insurance Contributions (NIC) that employers should know about – especially if you’re a small business owner, running a company with just a few employees, or managing a limited company with only one director on payroll.  These changes affect the NIC threshold, bring … Read moreUnderstanding the Employer’s National Insurance Contributions Changes in the Autumn Budget 2024

Navigating the intricacies of income tax and National Insurance can feel like a maze for many businesses, especially when it comes to benefits in kind (BIK). These non-cash perks, such as company cars or private health insurance, can add layers of complexity to tax reporting. However, by simplifying the reporting process, businesses can help to … Read moreSimplifying Income Tax and National Insurance Reporting for Benefits in Kind