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The employee is entitled to claim additional Statutory Maternity Pay (SMP) if a pay rise took place, or would have been awarded, between the start of the relevant period & the end of her statutory maternity leave had she not been absent on statutory maternity leave.   The ruling is not a new one, coming…

Since 2015, the government has been promising action on the way employers deal with tips and gratuities in the hospitality sector. After many delays the Employment (Allocation of Tips) Act 2023 was passed in May 2023 & will most likely become law in 2024.   Historically, tips paid in cash have always been allocated to…

It’s National Payroll Week and what better way to celebrate, than to let you know about our very own Payroll offering ‘WPB’, here at Whitings LLP!   What is WPB? Whitings Payroll Bureau (WPB) is a long-established payroll arm of Whitings LLP based at the Whitings offices in Bury St Edmunds, Ely, Mildenhall and St…

[Data Source] Now that we are well into preparing 2023 year end accounts for our business client, we are getting are a proper feel of what is happening out there growth wise.  As can be seen from the above, SME’s had a strong 2022, growing by 11%, as they caught up lost sales from the…

Capital allowances can be claimed by landlords’ expenditure on “plant and machinery” which can reduce your profits and indeed create losses, the use of such is not covered here, but they can certainly be very beneficial.   The property in question is important and will determine the allowances that can be claimed and at what…

Sticks and Carrots – No Change Then Over recent years farmers have been incentivised periodically to change their crop choices. We have had ‘yellow years’ as Oilseed Rape coloured our landscape and ‘blue years’ when Linseed was dominant. I suspect that ‘green years’ may be the next favoured colour and I’m not just thinking of…

The government has launched a web database for organisations to search and apply for government grants:   https://www.find-government-grants.service.gov.uk/   There are currently 69 government grants on the database, but it is expected that this will grow over time. Business grants, for this region of the country, that immediately catch my eye, include:   Woodland Creation…

Xero has two versions of reports – and old version and a new version. They are retiring the old version of their reports at 7pm BST on 30 July 2023. At which point, it will be time to switch to their exciting new reports and you will no longer have access to old reports. If…

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HMRC implemented the personal tax account back in 2015 with every UK taxpayer having their own personal tax account. However, an ever-larger percentage of the working population are unaware of their tax account and the importance of checking it regularly.     What is a personal tax account and benefits of using it regularly: Your…