skip to navigationskip to main content

Telephone: 07740827308

Blog

The 6 key principles in the code of conduct for directors, plus the benefits of employee ownership

Today we explore the voluntary code of conduct for directors to see whether it will be utilised by companies, plus we take a look at the key benefits of shifting to employee ownership such as effects on employee retention and the impact on the local economy. Voluntary Code of Conduct for Directors: will it make…Read More

P11Ds – are you ready to submit yours?

Today we guide you through all you need to know about submitting your P11D, including what needs to be submitted and by when.  For more information or to see how MLS Accountancy can help you with your P11D submission, feel free to take a look at our website Reminder: P11D form submission deadline rapidly approaching…Read More

Latest inflation figures, new rules on the distribution of hospitality tips, plus claiming Child Benefit for students in further education

Today we take a look at the latest inflation figures, the upcoming Employment (Allocation of Tips) Act 2023 and guidance regarding how to claim Child Benefit if your child is aged between 16 and 19 and still in full-time education. Inflation falls to 2% Figures released by the Office of National Statistics show that the…Read More

A guide to the General Election 2024: Tax implications for your business

Today, our blog post focuses on possible tax implications for your business as a result of next week’s general election.  As a business owner, you’ll likely be wondering how the upcoming general election on 4 July 2024 is likely to affect your business. A new government can mean significant legislative changes and tax upheavals that…Read More

Latest labour market trends from the ONS, support for female entrepreneurs plus Apple and Microsoft’s brand new AI tools

Whilst stats from the ONS can make interesting reading, it’s vital that you understand what impact the trends they identify can have on your business.  For example, you may need to opt to take on fewer staff, but pay a higher wage in order to improve retention.  Female entrepreneurs can also benefit from a new…Read More

Ideas for funding small businesses, and considerations when buying a second home

Just two topics on the agenda for today’s blog post – an exploration of potential finance options for small businesses, plus top points to consider when purchasing a second house. Exploring finance options for small businesses: A guide to fuelling growth Shawbrook Bank recently conducted research that indicated that half of small business owners have…Read More

An easier method for choosing a secure password, a potential cut in interest rates, and initiatives to enhance fish stock sustainability

Here at MLS Accountancy we understand that choosing yet another password can be frustrating, especially as we’re constantly encouraged to choose a password which contains a combination of upper and lower case, numbers, symbols…the list goes on.  Today we use the advice of the NCSC to help you choose a simpler password to remember, but…Read More

How the upcoming general election could impact your business, plus practical advice for trustees from the Charity Commission

Whilst we have no desire to influence your voting decision at the upcoming general election, we discuss key considerations which may impact your business under a potential new government.  We also share advice for trustees of charities in the event of disagreements. How a general election can affect your business The news is currently full…Read More

Reforms to Companies House are in progress, a reduced fine for a huge data breach and new guidance for machine learning principles

Today we focus on a variety of topics, including the progress in the reforms to Companies House, how the Police Service of Northern Ireland avoided a multi-million pound fine and the National Cyber Security Centre’s guidance for utilising machine learning systems. Report on Companies House progress released The Economic Crime and Corporate Transparency Act 2023…Read More

A comparison of finance options for loaning new equipment, the ONS’s latest business survey results, and the Digital Markets, Competition and Consumers Act becomes law

We start the week with helping you compare which finance option is best for your business when it comes to investing in new equipment or vehicles, the latest results from the ONS and how the Digital Markets, Competition and Consumers Act could affect you. Choosing the best way to finance business asset purchases: Lease, Contract…Read More

Key HR updates for employers, training bursaries for crafters and the reality of self-driving vehicles on UK roads becomes closer

Today at MLS Accountancy we support employers as they navigate key changes in HR in terms of employee health and disability, and protection for pregnant employees.  We also signpost readers to training bursaries for enthusiastic crafters looking to make a living out of their passion, and how the Automated Vehicles Act is enabling self-driving vehicles…Read More

Expanding the business partnership, inflation rates fall and plans to support famers in diversification

Today we discuss key considerations when expanding the partnership of a business, what a fall in inflation rates could mean to you, and how new planning laws are being introduced to enable farmers to diversify more easily. Admitting a new partner into the partnership: What should you consider first? For businesses that run as a…Read More

Further cuts to end NI contributions? How to respond to a ransomware demand, support measures for farming and a new approach to recycling collections

Today we discuss the government’s intentions to finally scrap National Insurance contributions, what to do if you receive a ransomware threat, the government’s plans to support farmers and a simpler approach to more effective recycling waste collections. Government promise to cut National Insurance confirmed While commenting on the GDP growth and what it indicates about…Read More

How economic changes may affect your business, the early birds submitting their tax return before the due date and how billions are being invested into UK tech

Monday’s blog post from MLS Accountancy sets out to explain how the recent economic changes may affect your business and how an increasing number of self-employed are submitting their tax returns before the due date – were you one of them?  If you need help in navigating your tax return, get in touch with us…Read More

WorkWell – a new government scheme said to support workplace wellbeing – would your organisation participate? Plus – a competition offering the chance to receive funding for advancing mathematical science projects and the crackdown on BBL fraud continues….

Introducing WorkWell: A £64 million initiative to support workplace health and well-being The UK government has announced a new initiative aimed at helping people with health conditions stay in or return to work. The WorkWell pilot scheme, launched by the Department for Work and Pensions (DWP) and the Department for Health and Social Care (DHSC),…Read More