Tax Relief on Pension Contributions

by admin | Oct 9, 2023 | Albert's Knowledge Share, Business, HMRC, Payroll, Pensions

Tax relief is available on contributions to registered pension schemes up to certain limits. There are two different methods by which employers can effectively give tax relief on employee contributions – net pay arrangements and relief at source. The names are...

Rewilding Knowledge – Are tree planting initiatives really helping the planet?

by admin | Aug 12, 2021 | Albert's Knowledge Share, Business

Please follow the link below to read a great little article from our partners at Mossy Earth FYI – the answer is yes, if done correctly https://mossy.earth/rewilding-knowledge/tree-planting-done-wrong for more info on our partnership with Mossy Earth, please...

Covid 19 – Furlough of Company Directors

by admin | Apr 2, 2020 | Albert's Knowledge Share, Business, Self Employed

ICAEW have just released some clarification re company Directors being furloughed and where this leaves them regarding their statutory duties and being reimbursed for their director salary. Any director that has been furloughed:   Can carry on with their...

Covid 19 – Apply for a Small Business or Retail, Hospitality and Leisure Grant

by admin | Mar 30, 2020 | Albert's Knowledge Share, Business, Funding, Self Employed

Updated 7th April 2020   Small Business Grant Fund Under the Small Business Grant Fund (SBGF) all businesses in England in receipt of Small Business Rates Relief (SBRR) and Rural Rates Relief (RRR) in the business rates system will be eligible for a payment of...

Covid-19 and the self employed

by admin | Mar 26, 2020 | Albert's Knowledge Share, Business, Funding, Self Employed

Update 26th March As confirmed by the chancellor, the government will support self-employed and freelance workers by means of a self-employment income support scheme. The government will pay the self-employed a taxable grant based on their earnings averaged over the...

Covid-19 and furloughed workers

by admin | Mar 26, 2020 | Albert's Knowledge Share, Business, Funding, HMRC, Payroll, Self Employed

Updated 9th April HMRC will set up a new online portal so that ALL UK employers this month (proposed for launch on 20 April 2020) , regardless of size, will be eligible for assistance where an employee has been designated as a ‘furloughed worker.’ HMRC will reimburse...