The PSA mechanism allows you to make one annual payment to HMRC which will cover the tax and all national insurance due on the expense or benefit.
Category Archives: Business Tips
20
Apr
Apr
You many find familiarity in this or know of someone at home or at work who is having a difficult time at the moment.
16
Apr
Apr
The government has committed to investing £22 billion in R&D by 2025 and this was again confirmed in the 2021 budget. The UK is recognised as a world leader when it comes to research and innovations
26
Mar
Mar
If you have been working as a contractor in recent years, you will know there are big changes to the Off Payroll Working rules coming into effect next month.
Business Tips, Cash Flow, Funding, Myers Clark Updates
What should you be doing now – is more debt the answer?
15
Mar
Mar
The pandemic has hit the smallest businesses the hardest and one third of businesses recently surveyed by the British Business Bank expect reduced businesses activities as we restart.
Business Tips, Cloud Accounting, Digital Technology, Uncategorized
Now is a good time to start your digital transformation.
22
Feb
Feb
Digital transformation simply put is the process of using digital technology to modify current business process to bring better performance
07
Dec
Dec
To run a business during this time is difficult but there are some simple steps that you can take which may offer some protection.
14
Aug
Aug
What are you doing to keep in touch with your clients and customers? Depending on the type of business you are in, it will differ from email communication, telephone conversations, use of social media and may be something even a bit more formal
10
Aug
Aug
Staying on top of the moving cash in your bank account is not easy and without a robust cash management system you will not be able to foresee any problems a
05
Aug
Aug
But let us say you know how your business is performing – do you know what you are measuring your performance against?