George Hay Blog

Chartered Accountants and Business Advisers in Bedfordshire, Cambridgeshire and Hertfordshire

Home
Main Site

George Hay Blog > George Hay Blog > Business > Large businesses

Large businesses

Payrolling of benefits mandatory from April 2026

Samantha Holmes Academies, Accounting, Business, Business Support, Business Taxation, Cash flow, Charities, Construction, Economic / Business News, Elaine Shaw, Employees, Employers, George Hay, GH Payscheme, Hospitality, In the News, Industry Sectors, Large businesses, Legal, Legislation, Outsourced Services, Payroll, Professional, Research & Development, Retail, Samantha Holmes, Scientific, Small businesses, SMEs, Sole Trader, Start-ups, Tax, Team Member, Technical, Travel November 22, 2024November 22, 2024benefits in kind, business tax, employers, outsourced services, P11D, payroll, taxation 0 Comment

From April 2026, payrolling of benefits will become mandatory. This will significantly change the way that employee benefits are reported and taxed in the UK. So, what do employers need to know? Under the new rules, all UK employers must

Read more...

Understanding the Employment Allowance: Why is it so important?

Samantha Holmes Academies, Business, Business Support, Charities, Construction, Economic / Business News, Employers, George Hay, GH Payscheme, HMRC, Hospitality, Industry Sectors, Large businesses, Legal, Outsourced Services, Payroll, Professional, Property, Research & Development, Retail, Samantha Holmes, Scientific, Small businesses, SMEs, Start-ups, Team Member, Technical, Travel November 16, 2023employers, employment allowance, national insurance, payroll, RTI 0 Comment

For UK employers, who face a myriad of obligations, responsibilities and challenges in the course of hiring and retaining employees, the Employment Allowance can be a vital financial aid. This blog explores the importance of understanding the Employment Allowance, and

Read more...

UK subsidiaries: Do you need an audit?

Richard Dilley Academies, Accounting, Audit, Business, Business Advisory, Business Support, Charities, Construction, Economic / Business News, George Hay, HMRC, Hospitality, Industry Sectors, Large businesses, Legal, Legislation, Professional, Property, Research & Development, Retail, Richard Dilley, Scientific, Small businesses, Team Member, Technical, Travel September 18, 2023audit, audit thresholds, parent companies, UK subsidiaries, UK tax 0 Comment

Many UK subsidiaries of overseas ‘parent’ companies are unaware that they may be required to have an audit. This is concerning given that so many international organisations use UK subsidiaries. This could be to scale up their operations or to

Read more...

Digital Accountancy Show 2023: What did we learn?

Samantha Green Academies, Accounting, Annual Accounts, Bookkeeping, Business, Business Advisory, Business Support, Cash flow, Charities, Charity accounting, Construction, Economic / Business News, Employers, George Hay, GH Online Accounting, Hospitality, Industry Sectors, Large businesses, Legal, Online Accounting, Outsourced Services, Professional, Property, Property business, Research & Development, Retail, Samantha Green, Scientific, Self-employed, Small businesses, SMEs, Sole Trader, Start-ups, Team Member, Technical, Travel August 1, 2023Accounting Software, apps, bookkeeping, business performance, cloud accounting, digital accounting 0 Comment

The Digital Accountancy Show 2023 took place on 15 June at Evolution, Battersea. We couldn’t miss the opportunity to network and learn about the latest advancements in accounting tech. Our GH Online Accounting division offers an outsourced bookkeeping and cloud

Read more...

Airbnb hosts face tax probe and penalties for undeclared income

Barry Jefferd Barry Jefferd, Business, Business Advisory, Business Support, Buy-to-Let, Economic / Business News, George Hay, HMRC, Holiday Lets, In the News, Industry Sectors, Landlords, Large businesses, Personal Taxation, Property, Property business, Self-Assessment, Self-employed, Small businesses, SMEs, Sole Trader, Start-ups, Tax, Team Member June 16, 2023airbnb, HMRC, holiday lets, let property campaign, property tax, rent-a-room relief, trading allowance 0 Comment

HM Revenue & Customs (HMRC) are looking into the earnings of Airbnb hosts. Those not declaring their income correctly could face penalties and sanctions. This is part of routine activity to identify individuals not paying the correct amount of tax

Read more...

VAT at 50: The evolution of a not so simple tax

Barry Jefferd Academies, Accounting, Barry Jefferd, Bookkeeping, Business, Business Advisory, Business Support, Business Taxation, Cash flow, Charities, Construction, Economic / Business News, George Hay, HMRC, Hospitality, In the News, Industry Sectors, Large businesses, Legal, Legislation, Making Tax Digital, Online Accounting, Outsourced Services, Professional, Property, Research & Development, Retail, Scientific, Self-employed, Small businesses, SMEs, Sole Trader, Start-ups, Tax legislation, Team Member, Technical, Travel, VAT April 17, 2023HMRC, MTD, purchase tax, value added tax, VAT 0 Comment

Value Added Tax (VAT) turned 50 on 1 April 2023. However, many would argue that it still has some growing up to do! Whilst many of us will know something of the biscuit vs. cake debate, this doesn’t even scratch

Read more...

Register of Overseas Entities: What you need to know

Richard Dilley Academies, Business, Business Support, Charities, Construction, Deadlines, Economic / Business News, George Hay, Hospitality, In the News, Industry Sectors, Large businesses, Legal, Legislation, Professional, Property, Research & Development, Retail, Richard Dilley, Scientific, Team Member, Technical, Travel January 25, 2023February 13, 2023Companies House, overseas entities, property and land, property ownership, ROE, UK property 0 Comment

The new Register of Overseas Entities (ROE) came into effect on 1 August 2022. It affects overseas entities who own, or who intend to buy, sell or transfer UK property or land. The requirements apply to entities who purchased UK

Read more...

← Previous

Archives

Click here to subscribe to our Highlight

Home
About us
Services
Sectors
Contact Us
Sitemap
Privacy Policy
Cookie Policy
Terms and Conditions
Websites for Accountants by JE Consulting

Manage Consent

To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behaviour or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.

Functional Functional Always active

The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.

Preferences Preferences

The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.

Statistics Statistics

The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.

Marketing Marketing

The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.

Manage options
Manage services
Manage {vendor_count} vendors
Read more about these purposes

Manage Cookies and Opt Out

{title}
{title}
{title}

Categories

Archives