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Final Coronavirus Self-Employment Grant Opens Soon With the vaccination programme rolling out at pace and restrictions hopefully easing further next month, the end of the COVID crisis in the UK seems almost within touching distance. The pandemic, however, has left its mark on millions of self-employed workers whose incomes have been badly hit, due to forced closures and reduced workloads. … Read More
Payroll and the Bottom Line Whether you’re a sole trader responsible for payroll or you’re managing a small, medium or large business, making sure you’re up-to date with all the latest pay rates and regulations is critical. All workers in the UK of school-leaving age and over are entitled to minimum rates of pay, and these rates are dependent on … Read More
Hampshire accountants, tax and business advisers Smith Newmans has undergone significant expansion after merging with long-established Andover business, Carole Judd Chartered Accountant. The Andover practice, run by Carole Taylor, has been operating for more than 25 years in the town, providing a tax and accountancy service to a 150 plus client base, ranging from limited companies and partnerships through to … Read More
Smith Newmans Sponsors MLT Natural Coaching A sponsorship deal struck between Hampshire accountants Smith Newmans and the company set up by local footballing legend Matt Le Tissier is helping fund a community sports project launched in more than 20 schools across Hampshire and Wiltshire. Smith Newmans, a firm of accountants, business and tax advisers based near Winchester, is sponsoring football … Read More
Legislation Change Leaves Room For Celebration This year it seems HMRC are bringing good tidings to all who run a business! Recent changes in the law mean all businesses with staff (companies, partnerships and self-employed) can now give each employee one-off or regular benefits of up to £50, which the business can claim corporation tax relief on – and which don’t create a taxable benefit for the employee. … Read More
Age and the Law We are always being told that age is just a number, but when it comes to running the monthly payroll, this is definitely not the case. There are strict laws governing what every business, large or small, needs to pay its employees – and in this instance, age really does matter. The National Minimum Wage for … Read More