Once the organisation decides to pay individuals, the organisation needs to consider setting up payroll in order to pay the correct income tax, national and pension contributions.
Read morePaying workers in your social enterprise
Funding opportunities summary
We’re always in search of opportunities for additional grants and contracts. The question is where to find these. An effective way is through networking events, meeting people with information and resources.
Read moreVAT Pre registration claims
The prospect of becoming VAT registered can often be viewed as a daunting process by many people. This article gives a brief introduction of some of the rules surrounding a pre-registration claim.
Read moreDissolving a community interest company
As of 31 March 2018, there are 14,254 CIC’s registered in the UK and we all understand that there comes a time in which the directors may feel it is no longer necessary or financially possible to keep the CIC open and trading.
Read moreHappy New Tax Year
We are pleased to inform you that the Harris Accountancy team has expanded to meet demand, and ensure you all have a personal touch when it comes to your finances.
Read moreNational Minimum Wage, Pension and Dividends
This article highlights the National Minimum wage from April 2018 along with changes to dividend allowance and pensions. For more information please contact the Mohammed Jaffer.
Read moreMaking Tax Digital
The Government’s new scheme for ‘Making Tax Digital’. This is a new scheme to make it easier for businesses and people to stay on top of their tax affairs and decrease the amount of errors whilst calculating tax returns.
Read moreFlat Rate VAT
Flat Rate VAT is an alternative way for small businesses to work out how much VAT to pay to HMRC in each quarter. The rates can vary from 4% to 16.5% depending on what sector your business is operating in.
Read moreManaging charity assets
Capitalising and maintaining assets within a charity helps to enable the business flourish it’s charitable purposes. Where charities are legally bound to provide accounts, a balance sheet must be included.
Read moreFree Event: Employment law and Health & Safety regulation
We invite you to our exclusive event! Join us at this complimentary event and listen to our expert speaker discuss topics such as business growth and more.
Read moreChanges to Spring 2017 budget
There are a number of changes that have been listed in the budget announced recently. One of those changes was the increase in Class 4 National Insurance from April 2018.
Read moreKey changes for payroll
Personal allowance to rise to 11,500 from April 2017. This means that we all would have around £112 per year more in our pocket compared to 2016/17 along with this, the higher tax bracket will rise from £43,000 to £45,000 in April 2017.
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