Latest blogs for Services

For some businesses having a strong credit rating is fundamental to their future success. It can affect availability of supplier credit, the ability to borrow and eligibility to be on customer/prospect tender lists as an approved supplier. For many other businesses, however, this credit rating is totally irrelevant.   Experian is one of the major…

Businesses may be hoping they can hold their annual Christmas parties this month. Providing the event is annual, open to all employees and the total cost, including VAT, is less than £150 per person (including non employee guest attendees), this will be a non-taxable benefit in kind (ie free of PAYE tax and National Insurance…

For those clients that prepare self-assessment personal tax returns, 31 January is usually tax payment day. This tax will primarily be based on your personal income for the tax year ended 5 April 2022, potentially made up of 2 components: The balancing payment for 2021/22 (total 2021/22 tax less 31-Jan-22 and 31-Jul-22 payments on account).…

For those clients that prepare self-assessment personal tax returns, 31 January is usually tax payment day. This tax will primarily be based on your personal income for the tax year ended 5 April 2022, potentially made up of 2 components: The balancing payment for 2021/22 (total 2021/22 tax less 31-Jan-22 and 31-Jul-22 payments on account).…

Those businesses with comprehensive commercial insurance cover will possibly be covered for ‘business interruption’. This cover will typically include losses arising from events that close or severely disrupt operations. The COVID pandemic has already led to many claims under this. The insurance industry (as you might expect?) has warned that few policies are likely to…

  In light of the Government’s announcement to go to Plan B, our IT services subsidiary company, decisive:it,  have written an article on data protection and security whilst working from home: Data Protection and the Blended Working Environment

Creating invoice templates In Xero you can customise the look of your invoices by using an invoice template. This allows you to add different payment terms and logos, as there is no limit on the amount of invoice templates you can add you can have as many as required for all different customers. Below are…

Please be aware of the following current bank feed disruptions in Xero, as per Xero’s blog page, with the following banks as of 9th December 2021 :   AIB (UK) (Open Banking) Currently AIB (UK) credit cards are unavailable to connect through bank feeds. We’re looking into getting this reinstated. For now please manually import…

Under standard UK rules, employers did not pay statutory sick pay (SSP) until the fourth day of sickness. However, on 19th May 2020, the government announced that they were tweaking the rules for SSP in order to help combat the spread of coronavirus. From 26th May 2020 the three-day “qualifying period” for SSP would be…

New company car advisory fuel rates have been published and took effect from 1 December 2021.   The guidance states: ‘you can use the previous rates for up to one month from the date the new rates apply’. The rates only apply to employees using a company car.   The advisory fuel rates for journeys…