Do you need to report that loan? The £10,000 rule and P11D implications
Many businesses routinely offer financial support to their directors or employees in the form of loans.
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The countdown to Making Tax Digital for Income Tax – Who is affected first?
With less than a year to go before Making Tax Digital for Income Tax (MTD for IT) becomes mandatory for sole traders and landlords earning over £50,000, it is important to start preparing.
Understanding linked periods of sickness and how they affect payroll
When it comes to Statutory Sick Pay (SSP), most payroll teams are confident in calculating payments for a single period of absence.
Are we underestimating the real impact of workplace pressure?
This week is Mental Health Awareness Week, and an important opportunity to reflect on how we manage wellbeing in the workplace.
When silence costs millions – Ignoring HMRC is a risk you cannot afford
Most directors do not expect to face personal tax bills in the millions.
Company car VAT – Avoiding mistakes when applying the fuel scale charge
From 1 May 2025, HM Revenue & Customs (HMRC) reduced its road fuel scale charges, reflecting a drop in fuel prices.
Are You Ready for Making Tax Digital in 2026?
The change to Making Tax Digital is fast approaching, and we have been preparing for the big changes coming to self-employed individuals and landlords. This article explains what these changes will mean. Making Tax Digital (MTD) will apply to income…
Mandatory payrolling delayed to 2027 – Time to prepare, not to forget
The Government has confirmed that the mandatory payrolling of benefits in kind (BIK) and taxable employment expenses will now be introduced from April 2027, a year later than initially planned.
Quarterly Newsletter
The Bronsens Quarterly Newsletter is here, packed with essential insights for business owners, investors, and individuals looking to stay on top of financial and tax planning. Inside this issue: Making Tax Digital expands – what the next phase means for…
How to maximise tax relief on losses to offset higher employment costs
The recent rise in employers’ National Insurance Contributions (NICs) to 15 per cent will lead to a 60 per cent increase in NIC costs for a business employing minimum wage staff, according to the Centre for Policy Studies. With no…