Category: Salaries

Coronavirus Updates for Accountants

17 April 2020 HMRC emails two million eligible businesses login details for furlough portal Government extends furlough end date to 30 June at £50bn cost Confusion over private school fees and covid-19 lockdown closures 16 April Top tips: furlough and the Coronavirus Job Retention Scheme FCA remodels business plan to address coronavirus challenge Higher rate…




Who can claim Entrepreneur’s Relief?

Claiming Entrepreneur’s Relief could save you a substantial amount of money in capital gains tax. Entrepreneur’s Relief is a government scheme that was introduced in 2008 as an incentive to encourage entrepreneurship. The scheme reduces the amount of Capital Gains Tax paid by individuals disposing of business assets to just 10%. Individuals that meet the…




Only 53% of UK Businesses Feel ‘Very Confident’ That Salaries Are Equal Across Genders

Despite the government bringing in new Gender Pay Gap Reporting legislation, businesses across the country appear to be slow in catching on or at least getting themselves prepared. The survey from job website Total Jobs found that a worrying 32% had failed to review salaries and compare what they pay to male and female staff…