by AJN Accountants | Mar 5, 2026 | Small Businesses
As employee benefits evolve, so too do the rules around how they are taxed and reported. One area that often causes confusion for employers is the treatment of benefits in kind — and specifically, the option to payroll benefits rather than report them...
by AJN Accountants | Jul 4, 2025 | Small Businesses
Small employers can usually recover 100% of most of the statutory payments they make to employees plus compensation from HMRC. If your business qualifies for small employers’ relief you can claim 103% of almost all statutory payments made to employees until...
by AJN Accountants | Feb 23, 2024 | Accounting, Advice, FAQs, Small Businesses, VAT
In the world of VAT, a business can be unaware of a fraud in the supply chain and still be regarded as a fraudster, if they have not properly vetted their suppliers or has ignored signs of potential connections to fraud. In 2023 alone there were three high-profile...
by AJN Accountants | Feb 17, 2024 | Accounting, Advice, Business, News, Small Businesses, Tax Planning
If you engage part time workers, or staff who work irregular hours, on permanent contracts you need to be aware of new rules affecting holiday pay calculations which take effect for holiday periods starting after 1 April 2024. Getting holiday pay right is vital,...
by AJN Accountants | Dec 4, 2023 | Accounting, Advice, Financial Planning, News, Small Businesses, Tax Planning
Cash basis to replace accruals for the self-employed as standard tax reporting method for 2024-25 (first year of tax year accounting). From April 2024, as part of a move to simplify calculation of taxable profits for Making Tax Digital, all self-employed taxpayers and...
by AJN Accountants | Aug 10, 2023 | Advice, Business, FAQs, News, Small Businesses
As we approach the summer holidays, it is not unusual for business owners to receive requests from friends/family for their children conducted a summer placement. In such a scenario it is important to carefully consider the below factors before accepting any children...
