Author Archives: myersclark

The High Pay Centre has claimed by Tuesday 5th January, top executives had already earned more than the average worker would in a year.
The research suggests that the average FTSE 100 chief executive is paid £4.96m, which is approximately 180 times more than the average salary.

Figures from the Resolution Foundation today show that the National Living Wage will be felt most by employers in Sheffield, Nottingham and Birmingham.
The Resolution Foundation, a think-tank, has reviewed the changes required by the new higher minimum pay laws and found that employers in lower-paying regions are likely to feel the strain.

Everyone seems to have endured a terrible PowerPoint presentation at some point. The rollercoaster of emotions from boredom induced by metaphors in stock-images to frustration that the presentation took an hour or more of your time that you won’t get back. It seems surprising that in the internet age with millions of images at our disposal, and the opportunity to use a number of alternate presentation software, slide presentations are duller than ever.

Myers Clark’s Insolvency and Business Recovery team are pleased to announce the launch of their new website. The new site, launched this morning, comes just in time for the New Year. The newly-designed site offers a clean and modern design with improved functionality and easy navigation which we hope will improve your experience.  Look out […]

The National Audit Office has today released a white paper on HMRC and its actions to tackle fraud. The study, Tackling Tax Fraud, supports HMRC’s efforts to close the £34bn tax gap and offers areas for improvement.

With the introduction of the National Living Wage on the 1 April, businesses are being encouraged to take steps to ensure they are ready to support the changes. The National Living Wage (NLW) will become law in April 2016.

HMRC has today launched its services for online tax accounts, as part of its new digital strategy to modernise the UK’s tax services. The new online accounts will see more than a million taxpayers be directed to their new online personal tax accounts as part of the updated self-assessment process. They will enable customers to update their details in real time, making it easier to contact HMRC and provide a clearer display of a tax paid.

HMRC has announced its new digital strategy which aims to improve the efficiency of paying taxes whilst making use of new digital capabilities.

Knowing whether business expenditure is revenue or capital is essential to the preparation of correct accounts and tax returns, but it is sometimes difficult to decide what is the right treatment. HM Revenue and Customs (HMRC) has recently updated its guidance on the most common errors.

We are now less than 10 days away from this year’s Autumn Statement and predictions about what to expect are beginning to surface. George Osborne’s speech is set to be an interesting one, following the drop in confidence after the post-election high and the recent opposition the Chancellor has faced. Please be aware that this […]