Blog & News
Blog and NewsPlease have a look through our blogs, we have a variety of industry news and company news.
Understanding Childcare Tax Exemptions
Understanding Childcare Tax Exemptions: As an employer, you may be interested to know that certain childcare benefits can be offered to your employees without triggering Tax or National Insurance obligations. Below is an outline of what qualifies for these exemptions,...
Understanding the New Tipping Policy Law: A Guide for Employers
As of October 2024, significant changes have been introduced to how businesses handle tips and gratuities. In this blog we will cover understanding the new tipping policy law. The new rules will ensure that workers receive 100% of the tips and service charges left by...
Stay Compliant: Important Self-Assessment Obligations
If you've received a ‘notice to complete’ a tax return from HMRC, it's crucial to understand that this is a statutory requirement. Even if you believe you don't need to file a tax return, you must still submit it to HMRC or request the withdrawal of the notice to stay...
Cash Flow: Essential Tips for Financial Health
Cash flow is the lifeblood of any business, big or small. It's the fuel that keeps your operations running smoothly, allows you to seize opportunities, and helps you weather financial challenges. Yet, managing cash flow can be one of the most challenging aspects of...
Navigating the future: Essential tips for small businesses in 2024
In an era marked by rapid change, small businesses across the UK are encountering a host of challenges, as well as many opportunities, as they are navigating the future. From economic fluctuations to the imperative of digital transformation, the landscape of 2024...
Navigating the Future of P11Ds
Implications for Payroll and Compliance Introduction: Tax reporting is always changing, as revisions to laws and rules influence how companies handle their finances. P11Ds have received more attention lately, which means companies will need to examine their procedures...
Unlocking VAT Simplification
Is the Annual Accounting Scheme Right for Your Business? If you're a VAT-registered business in the UK, you usually submit VAT returns and payments to HM Revenue and Customs four times a year. But there's another option called the Annual Accounting Scheme, which might...
Changes in Tax Rates 2024/25
What’s new in 2024/25? With the onset of the new tax year, it's crucial to stay informed about updates in the changes in tax rates and allowances, opening up avenues for strategic tax planning. WBV, serving Swansea and Neath, is proactively gearing up for the upcoming...
Staying Compliant
A guide to the updated National Minimum Wage and National Living Wage for the new tax year. As the new tax year approaches, with it comes an update to the National Minimum Wage and National Living Wage and it is imperative that all businesses comply! The Government...
Changes to National Insurance
With the changes to National Insurance recently announced find out below how will it affect you. Every employee is liable to pay Class 1 National Insurance Contributions (NICs) on earnings over £12,570 and every self-employed individual is liable to pay Class 4 NICs...