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Further changes to pensions in April 2016

The world of pensions altered significantly in April 2015, and further changes are due in April 2016. You would be forgiven for losing track of these; pensions have become increasingly complex and politicised. Lee Giles, Chartered Financial Planner at Argentis, looks at some of the changes (more…)

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The new financial reporting landscape

How did we end up with so many reporting options under ‘new UK GAAP’?

The choice now seems endless in the UK, with acronyms such as FRSSE, FRS 102, FRS 105, IFRS and IFRS for SMEs being banded around. (more…)

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Wise move to Sage 50 Accounts Essentials

From February 1, Sage Instant Accounts as we know it will no longer be available. Burgess Hodgson will be rolling out Sage 50 Accounts Essentials as its replacement which has all the functionality of the old Sage Instant Accounts Plus – with a little bit extra added. (more…)

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National Minimum Wage to increase from October 1

Burgess Hodgson is reminding businesses that the national minimum wage (NMW) is set to increase from October 1. (more…)

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‘One Nation’ government hailed in Queen’s Speech

“Like a teenager’s bedroom, it will become a mess” – this was how one Guardian writer described this year’s Queen’s Speech. But then that’s hardly surprising from a newspaper that is not exactly pro-Conservative (according to a MORI poll taken in 2005, 48% of Guardian readers were Labour voters and 34% Liberal Democrat voters). (more…)

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HMRC simplifies payroll end of year submissions

HM Revenue & Customs have introduced a number of changes impacting on the year end filing procedure, RTI filing requirements as well as the new 2015/16 tax year. (more…)

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HMRC targets solicitors in new campaign

HMRC has published details of a targeted campaign, which runs from 8 December 2014 to 9 June 2015, to encourage tax compliance by individuals who work within the legal profession as a solicitor. (more…)

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Landmark holiday pay ruling

Workers have won an important case at the Employment Appeal Tribunal that overtime should count when calculating holiday pay.

The Employment Appeal Tribunal ruling could result in some people claiming for additional holiday pay – as well as making backdated claims but only for a limited period. (more…)

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Self employment is rising – but at what cost?

According to a recent report by the Office of National Statistics (ONS), 14% of Britons are now self-employed, with the number increasing by 8% in the last year alone.

Some of the benefits of self-employment include being able to choose your customers, being your own boss, and even being able to choose your own working hours. (more…)

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HMRC reveals RTI penalties details

HM Revenue and Customs (HMRC) has announced how automated in-year penalties for late real-time PAYE returns will be phased in. (more…)

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