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charity-challenges

By Ann Probert

18th June 2024

3 challenges facing charities in 2024 and how to address them

Increased operating costs, increased legal obligations and cyber security threats are amongst the variety of challenges currently facing charities and those in the not for profit sector.

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By Matthew Hutton

18th June 2024

How can hospitality businesses prepare for the Tipping Act 2023

Hospitality businesses need to prepare for new rules that are due to come into force to ensure all ‘qualifying tips’ given by customers are fairly and wholly distributed to qualifying employees and agency workers.

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By David Threlkeld

13th June 2024

Will Furnished Holiday Letting tax reliefs be abolished or not?

Holiday let owners braced for increased tax bills now face a period of uncertainty about when - and if – the favourable Furnished Holiday Letting regime will be axed.

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By Steve Williams

13th June 2024

Independent examinations for small charities

With the noise around changing audit thresholds, trustees of smaller charities may be thinking “what about me?” The article considers how trustees can obtain accountability and support even when a charity is below the audit threshold.

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car-dealership

By Steve Preston

12th June 2024

How will changes to Financial Reporting Standards impact automotive businesses?

The Financial Reporting Standard (FRS 102) applicable in the UK and the Republic of Ireland is evolving. Whilst amendments are not yet final, when implemented, there is likely to be a significant impact on automotive businesses in relation to Lease accounting.

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By Graham Poles

12th June 2024

HMRC update serves as reminder of guidance to determine tax status of LLP salaried partners

HMRC has made changes to the provisions that determine the tax status of partners of Limited Liability Partnerships (LLP). While it has caused some concern, the update to the Salaried Member Rules is not a change in legislation – it simply gives insight into HMRC’s interpretation of current legislation and serves as a reminder to LLPs about the guidance they must follow for salaried members.

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By Richard Woolgar

29th May 2024

Family Business Report 2024: 11% of businesses embraced AI but more likely benefit without realising

Artificial Intelligence (AI) is playing an increasingly significant role in modern business operations, often without business owners even realising it.

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By Armstrong Watson

28th May 2024

Family Business Report 2024: Could salary sacrifice help your recruitment challenges?

Armstrong Watson's latest survey found more than a third of businesses find it ‘very difficult to recruit’. Offering salary sacrifice opportunities is one of several ways many businesses can incentivise their current and prospective workforce.

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By Ed Connell

28th May 2024

Changes to redundancy payment claims for directors

When a company enters an insolvency procedure, often the only positive outcome for directors and shareholders is if they can receive compensation for unpaid wages, holiday pay, pay in lieu of notice and redundancy, however, the Redundancy Payments Service has changed its stance on directors' claims. 

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By Karen Thomson

23rd May 2024

Seasonal workers and zero-hours contracts holiday pay changes: is your business prepared?

Changes to simplify holiday entitlement and holiday pay calculations have been introduced  to protect part-year workers, and those working irregular hours or on zero-hours contracts. This is particularly relevant to those in hospitality leisure and tourism, agriculture and the charity sector.

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