Management of your payroll can be a major administrative burden to a small business. Not only do your employees need to be paid on time and accurately but maintaining compliance with HMRC can be a minefield if left in the hands of someone inexperienced.
Starting last year in 2017, businesses with more than 250 employees (see below for who counts as an employee) have to report their gender pay gaps both on their customer facing websites and to the Government online.
Recently Incisive Accountants have become aware of so called ‘technical experts’ taking advantage of businesses in regards to R&D Tax Credits. With this article we hope to clarify R&D Tax Credits, who can claim for them and how we can assist with this process.
Once again the deadline for registering existing trusts for TRS has been moved. Trusts now have until the 5th March 2018 to register after complaints by registering bodies regarding the delay in opening the TRS to agents.