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Employing Your Spouse

Many micro business owners employ their spouse and as long as they perform a role in the business that’s fine and it can be very tax efficient. But there are circumstances in larger businesses with several owners/directors where it isn’t practical to directly employ your spouse. However, it could be possible to claim an expense…

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How Does Auto Enrolment Postponement Work?

You can choose to postpone automatic enrolment for up to three months for some or all of your staff. You must write to your staff to tell them you’re postponing automatic enrolment for them. One of the times you can postpone is from your staging date. Key points • You can postpone automatic enrolment for…

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My Staff Want To Opt Out Of Auto Enrolment

Not every employee will want to be in Auto Enrolment, for example they may have their own pension arrangements. But be very careful that you don’t induce or encourage them to opt out. Most employees will want to be IN Once staff have been enrolled into the pension scheme, they have one calendar month during…

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Are your charity accounts being correctly examined?

To maintain public confidence in the work of charities, charity law requires most charities (income over £10,000) to have an external scrutiny of their accounts. Provided a charity is not required by law or its governing document to have an audit then trustees may choose a simpler and less expensive form of external scrutiny called…

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HMRC Announce Annual Tax Summaries Are Coming

Tax Summaries are part of the Government’s commitment to creating a more transparent personal tax system, one that shows individual taxpayers how much tax they are paying and how the Government spends it. Tax Summaries will detail individual taxpayers’ income tax and National Insurance contributions for the tax year, and will include a table and…

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