Blog

Supporting your employees’ mental wellbeing

Posted 18th January 2022 at 9:54 am

This week started with ‘Blue Monday’, allegedly the most depressing day of the year! Although this day was originally invented by holiday companies trying to boost sales, there’s no denying that this time of the year is not most people’s favourite! (Just ask your accountant as they plough their way through everybody’s tax returns at the same time…!) Add the fact that we are rolling into a third calendar year of a pandemic, and you might feel that you want to provide a little more support for your employees.   Offer mental wellness support Waiting lists for mental health support... Read more

The power of positive thinking

Posted 12th January 2022 at 1:45 pm

positive

At this time of year, especially during a pandemic, our thoughts can be a little gloomy. Perhaps you’ve already ‘failed’ at your New Year’s Resolutions. Perhaps you didn’t set any resolutions, because who can predict what’s going to happen from day to day anymore?! It’s cold, it’s dark, you might be unwillingly dry or vegan for the rest of the month, and every day there is more bad news on everything from politics to the environment. You’d be forgiven for finding it hard to stay positive! But over time, negativity can lead to unhappiness and dissatisfaction with our lives.  ... Read more

Key business trends for 2022

Posted 5th January 2022 at 5:41 pm

businesses

The world is changing fast and businesses are having to adapt accordingly. Businesses across the world have been grappling with rapid transformation because of changes to working practices, shifts in buyer behaviour and ongoing economic uncertainty.   The way we work is evolving In the last 18 months, the shift to agile or flexible working has been accelerated by the pandemic. In 2022 the way we work will continue to evolve. Gig workers, remote workers and a move away from the traditional model of employment look set to be themes that will continue to evolve into 2022 and beyond.  ... Read more

Less than a month until full customs controls are introduced

Posted 7th December 2021 at 10:21 am

customs

HMRC are reminding traders to prepare for customs changes that come into effect on 1 January 2022. You will no longer be able to delay making import customs declarations under the Staged Customs Controls rules that have applied during 2021. Most customers will have to make declarations and pay relevant tariffs at the point of import. For a summary of the changes see: Less than a month until full customs controls are introduced – GOV.UK (www.gov.uk) You should consider before 1 January 2022 how you are going to submit your customs declarations and pay any duties that are due. You... Read more

Job vacancies booming and applicants now call the shots!

Posted 2nd December 2021 at 12:17 pm

jobs

The number of job vacancies in August to October 2021 continued to rise to a new record of 1,172,000, an increase of 388,000 from the pre-coronavirus pandemic January to March 2020 level, with 15 of the 18 industry sectors showing record highs. This means that job seekers now have more opportunity to ‘shop around’ to find the role that suits them best, rather than just accepting the first position that they are offered. Instead of the situation where job seekers are in competition for vacancies, we now increasingly see that companies are in competition for job seekers!   In order to... Read more

Dealing with rising inflation

Posted 23rd November 2021 at 8:59 am

inflation

The cost of living has surged at its fastest pace in almost 10 years, with the Consumer Prices Index (CPI) reaching 4.2% in the year to October. It is primarily due to higher fuel and energy prices but the cost of second-hand cars and eating out also increased, the Office for National Statistics (ONS) have said. Inflation is up since Covid restrictions ended this year and the economy reopened. The Bank of England says it may have to raise interest rates in the “coming months” to tackle rising prices. October’s reading is far higher than the 3.1% rise recorded in the... Read more

Be a successful Secret Santa this year!

Posted 16th November 2021 at 10:24 am

Secret Santa

Christmas is fast approaching, which means at some point soon someone is going to start organising your workplace Secret Santa! If you’re not much of a shopper, or have been matched with someone who you know nothing about, don’t worry, we’re here to help! Here are our top picks for Secret-Santa-friendly stores where you’re sure to find the perfect gift!   Flying Tiger Danish company Flying Tiger has been variously described as Denmark’s answer to IKEA, and  a ‘posh Poundland’! They have an incredibly random array of products available in store and online, from homeware to technology, to food, to... Read more

Funding available for local businesses

Posted 10th November 2021 at 12:54 pm

funding

Wolverhampton & Black Country: AIM for GOLD Growth & Grant Programme Over the next year, in response to the pandemic, the AIM for GOLD Growth and Grant programme will support small and medium enterprises with up to £25,000 of capital grants funding. Businesses based in Wolverhampton or the Black Country are invited to contact Wolverhampton Council to discuss their eligibility for the funding, which is available to businesses working in the manufacturing, creative, digital, environmental technology and business services sectors. The funding and support programme is designed to help businesses build resilience and capacity, safeguard jobs, and respond to emerging... Read more

Autumn Budget Highlights

Posted 5th November 2021 at 8:37 am

Autumn Budget

Before last week’s Budget we already knew that corporation tax would increase in 2023 and that there will be a 1.25% rise in National Insurance Contributions (NICs) from April 2022 paid by employers, employees, self-employed and for those with share dividend income.  Personal allowances are frozen until 2026 and we are told these rises are to are to pay for Covid-19 measures and reform of the social care system. The tax burden as a percentage of UK Gross Domestic Product (GDP) is now at its highest level since the 1950’s according to the Office for Budget Responsibility. The “scarring assumption”... Read more

Trick or Treat?

Posted 27th October 2021 at 7:37 am

trick or treat

Test your tax knowledge with our fiendish Halloween quiz!   Trick or Treat: HMRC investigations cost you nothing if there is no tax to pay? TRICK! Even if you have done nothing wrong, you will still incur costs during an HMRC investigation relating to the defence of your case. Happily though, you can take out our Fee Protection Package which covers you for up to £125,000 worth of the costs of fighting a claim.   Trick or Treat: HMRC prefer to incentivise you to pay your tax rather than catching you out? TREAT. Believe it or not, HMRC provide a... Read more