Diversity VC Publishes Report On UK Venture Capitalists 5 Aug 2019 Employment - Earlier this month, Diversity VC carried out a research on 171 active VC firms to look into the diversity issue within the Venture Capital sector.
Preference Shares vs Ordinary Shares 26 Jun 2019 Employment - The two main classes of shares that are issued by most companies are Ordinary Shares and Preference Shares. How do they differ?
Workplace pension contributions rise takes effect 12 Jun 2019 Employment, Tax - From April 6 2019, the employer minimum contribution has risen from 2% to 3%, while the staff contribution also increased from 3% to 5%.
Granting EMI Options over Growth Shares 30 May 2019 Employment, Strategy - EMI Options are often compared to Growth Shares, but the two are not mutually exclusive: under certain circumstances, it is possible to grant Options over Growth Shares under an EMI Scheme, gaining the advantages of both.
PAYE Settlement Agreements: The Basics 13 May 2019 Employment, Tax - To set up a new PSA, it is necessary to write to HMRC setting out the benefits and expenses to be included within the PSA. Once HMRC have agreed the PSA, they will send two draft copies of form P626.
Trivial Benefits – How to provide small Tax-Free Gifts to your Employees 9 May 2019 Employment, Tax - Since 6 April 2016 employers can provide trivial benefits such as small gifts and entertainment without having to include these within PAYE settlement agreements or disclose on P11D forms.
Employees – claim a tax deduction for expenses 20 Mar 2019 Employment, Tax - Employees may be able to obtain a tax relief on expenses that are not covered by their employer, when these are incurred "wholly, exclusively and necessarily in the performance of the duties of the employment."- Tax-Free Health & Fitness Benefits For Your Employees 6 Mar 2019 Employment, Tax - Employers are allowed tax breaks and exemptions to offer health and fitness at work, in order to prevent work-related illness and injuries.
The perfect pay package for your employees 18 Jan 2019 Employment - When you start a company, hiring good workers is simply necessary, while money is often a luxury. So how do you pay for the best talent on the market?
Tax efficient remuneration using pension contributions 20 Dec 2018 Employment, Tax - Pension contributions can be a tax efficient way of increasing pay packages of your employees. With generous reliefs from the government they are a win-win.
Paying mileage allowances tax free 14 Dec 2018 Bookkeeping, Employment, Tax - If the employee is travelling with a company car and the employer meets the fuel costs, this can be done tax-free as long as the costs don’t exceed HMRC’s advisory rates, which are updated quarterly.
Employee vs Contractor, what’s best for your company? 7 Dec 2018 Employment, Strategy - Hiring talent is among the main priorities of most start-ups, especially as they start growing. And while finding the right fit for your business needs is hard enough, hiring workers involves different kinds of arrangements that eventually determine their relationship to the company and their impact on your success.