We are celebrating National Payroll Week (NPW) by raising the profile of, and acknowledging the success of its in-house Payroll Team
Nicki Shipley, Partner of the firm said “getting payroll wrong is one of the biggest risks that many businesses face”. The payroll team at Smailes Goldie Group acts as an outsourced payroll department for dozens of businesses across Hull and
Read more...Hull accountant hits the back of the net once again
A Hull-based accountant has once again hit the back of the net by coaching the North Men’s over-35s hockey team to Regional Championships Gold, having already coached the England Ladies Masters over-35s team to European Gold earlier this summer. Gareth
Read more...The national bill for poor mental health
Employers have a duty of care to their employees that extends beyond paying them a living wage and ensuring that the workplace is physically safe. They should also take all necessary steps to nurture their mental health.
Read more...New rules make it easier for charities to comply with Making Tax Digital
The rules around new digital tax reporting requirements will be relaxed for charities and other not-for-profit entities, it has been revealed. The new system – known as Making Tax Digital (MTD) – requires almost all organisations to keep their VAT
Read more...Do not recover VAT on social media advertising, says HMRC
It has been confirmed that charities cannot claim VAT relief on social media advertising after HM Revenue & Customs (HMRC) issued a new briefing notice to financial controllers. The letter – published online – clarifies the regulator’s position on the
Read more...Charity regulators call for major overhaul of Charities SORP
Policymakers have called for major changes to the Charities SORP – also known as the Statement of Recommended Practice on Accounting and Reporting by Charities. It comes after a panel of experts published their final report into the financial reporting
Read more...Significant rise in Payroll Giving
According to the Association of Payroll Giving Organisations (AGPO), there has been a significant rise in the number of employers offering Payroll Giving this year, as well as a marked increase in the number of employees engaging in the scheme.
Read more...Consultation aimed at reducing health-related job loss
The Government has launched a consultation on its aims to reduce the number of job losses related to ill health and encourage larger and smaller businesses to invest more resources into supporting their workforce’s wellbeing. As the consultation document states,
Read more...New figures show that a quarter of estates paying Inheritance Tax (IHT) are investigated by HMRC
The response to a Freedom of Information (FoI) request has revealed that as many as one in four estates that are liable for IHT are investigated each year. In 2018-19, more than 5,500 investigations were launched by HMRC into the
Read more...Principal Private Residence Relief and Lettings Relief changes due in April 2020
The start of the next tax year in April 2020 will see key changes come into effect in respect of Principal Private Residence Relief (PPR) and Lettings Relief, both of which can be used to soften the impact of Capital
Read more...