Beyond the balance sheet: the expanding role of today’s finance director
The role of the Finance Director or finance lead continues to evolve rapidly. As businesses face a perfect storm of geopolitical disruption, digital transformation, cyber threats and rising costs, finance leaders are stepping far beyond the boundaries of traditional reporting and compliance. Their remit now spans strategic insight, risk management and operational leadership. New US […]
Out of sight, out of mind: the quiet crisis in men’s mental health
Mental health is finally being talked about more openly in the workplace. But when it comes to men, many still suffer in silence, especially those working in ways or environments where signs of poor mental health can be harder to spot. While much of the conversation has focused on corporate wellbeing programmes and HR-led initiatives, […]
Changes to inheritance tax and business property relief for businesses
There has been much coverage in the press about the changes made in the Autumn 2024 Budget for farmers and potential loss of Agricultural Property Relief, however there has been far less commentary on the impact for non-farming businesses due to the similar restrictions to Business Property Relief (BPR). Previously BPR ensured the transfer of […]
Don’t get caught out by ATED penalties if your company owns residential property
The Annual Tax on Enveloped Dwellings (ATED) was introduced in 2013 to eliminate any tax advantages from holding high-value homes in a corporate structure. In particular, the intention was to prevent non-domiciled investors gaining an advantage by holding UK residential property in a non-UK company to avoid triggering UK stamp duty land tax or capital gains […]
P11D season is upon us
With the 2024/2025 tax year having now come to a close, our tax department are turning their attention to the completion of P11Ds. If you have provided a taxable benefit to an employee during the tax year, it’s important to ensure that you take one of the following actions: Check that all payrolled benefits have […]
Optimising Director PAYE in 2025 – navigating National Insurance changes for limited companies
Following the changes to the employer National Insurance contributions, some concerns have been raised over the optimum amount a director should receive through PAYE on their Limited Company. For employee national insurance, the allowance is £12,570 per annum before any Class 1 employee national insurance becomes payable. The lower earnings limit which ensures that you […]
Spring Statement 2025 – a defensive play or offensive push for growth?
In delivering her first Spring Statement, Chancellor Rachel Reeves made it clear that this government intends to follow the principle of a single annual Budget, with major tax changes reserved for the Autumn. The Spring Statement, instead, is positioned as a fiscal checkpoint, a chance to update the nation on the economic outlook and to […]
Why outsourcing your payroll to Streets is a smart move for your business
Managing payroll is one of the most critical yet time-consuming tasks for any business. Ensuring employees are paid accurately and on time, complying with tax regulations and handling deductions can be complex and stressful. Many businesses, from start-ups to large enterprises, are turning to dedicated payroll bureaus to handle their payroll processing. Here’s why outsourcing […]
Time to go it alone – is 2025 the year to become your own boss?
As we move into 2025, an increasing number of individuals are choosing to step away from traditional employment to carve out their own paths as entrepreneurs. Whether it’s turning a side hustle into a full-time business, making the leap from employment to self-employment or launching a business straight out of education, the allure of becoming […]
Navigating rising business costs? We can help you stay financially resilient
With ever increasing business costs like energy bills, NI and national wage, why not let us take a look at a couple of potential cost saving areas within your business to help soften the blow? Merchant payment fees – for peace of mind we provide a complimentary full review which is proven and is typically […]