National Minimum Wage – 2021 update
Summer is well underway and it’s a busy time for businesses, especially in the hospitality industry. Many companies are looking to recruit more staff to cope with increased customer demand as COVID-19 restrictions begin to lift. With this in mind, it’s vital to take account of the new National Minimum Wage and National Living Wage […]
Employee expenses and benefits – what are the UK tax rules?
There’s no doubt that the jobs market is in a state of flux, due to a combination of factors including the pandemic and Britain’s withdrawal from the EU. Attracting and retaining the best employees has become a challenge for many businesses. Offering benefits such as a company car or medical insurance is a proven way […]
June Newsletter
As we continue to move forward, our team are slowly returning to spending more time in the office and we look forward to once again seeing all our lovely clients. In the meantime, as always, there is a lot going on with VAT and payroll that we would be more than happy to help you […]
Food and drink VAT rates explained
If you operate a business, then VAT on goods and services will be something you are familiar with. However, for those working in the food and drink sector, it can be complex and confusing. Depending on whether you are a food retailer, producer, manufacturer, wholesaler or selling food and drink in the hospitality sector, different […]
Our guide to tax codes
Tax codes – they’re the odd looking combination of numbers and letters on your payslip. They might seem fairly insignificant at first glance, but what do they really mean? And how do you know if yours is correct? Here, we discuss what tax codes are, how to ensure yours is correct and what to do […]
Back to business – life after lockdown
Here at AMR Bookkeeping Solutions, we are wishing all the businesses that have recently reopened or that will be unlocking their doors in the coming weeks the very best of luck for a successful and prosperous future free of restrictions. With more and more businesses reopening after a long hiatus, we thought it would be […]
How Tax Day might affect you – latest government updates and consultations
Tax Day is the day the government publishes proposed changes to tax policy, including proposed consultations, updates and other information. This year, Tax Day took place on 23rd March – exactly one year since the country first entered lockdown. While the announcements are a process of consultations, reviews and updates and, therefore, have no immediate […]
Budget 2021 – key information and updates for businesses
On 3 March, Rishi Sunak delivered his first budget since the pandemic started. There was a lot of speculation ahead of his speech as to what tax changes would be unveiled and how businesses, many of which have felt the full force of the economic impact of COVID-19, would be affected going forwards. Here, we […]
Does your small business need a bookkeeper?
As a small business owner, keeping things operational while trying to balance the books isn’t always a straightforward job. While it might be tempting to tackle every task that comes your way, it’s not always the best method for making the most out of your business. Here, we’ve put together our top five reasons for […]
March Newsletter
As lockdown is, hopefully, being eased within the next few weeks, we are very pleased we have been able to offer all of our usual bookkeeping and payroll services during the lockdown periods and we are looking forward to returning to “normal” in the not too distant future. We are hoping to be returning […]
