BUDGET DAY IS NOW 11 MARCH

The December General Election meant that the Autumn Budget was delayed and we now know that Sajid Javed will deliver his first Budget on the second Wednesday in March which is when Budget day used to be!   We are expecting that the tax measures in the Conservative Party manifesto will be announced again together[…]

REVIEW OF OFF-PAYROLL WORKING RULES

In January the government launched a four-week review of the changes to IR35 “off-payroll” working rules scheduled to come into force in April, as the result of mounting criticism about the way they will operate. The review is scheduled to conclude by mid-February and will see the government hold a series of meetings with stakeholders[…]

CHANGES TO DISGUISED REMUNERATION LOAN CHARGE

The independent loan charge review, conducted by Sir Amyas Morse, was published on 20 December, having been delayed due to the general election. The loan charge was introduced to collect tax from individuals who had benefited from schemes devised to avoid PAYE and national insurance. The date that the loan was made to the individual[…]

ALL THE BEST SPENCER!

For 43 years Spencer Dryden, or Spen, has been a valued member of the team at MMGA. The time has come for Spen’ to hang up his tie, put aside his spreadsheets and embark on his retirement years. Spen’ joined MMGA when we prepared accounts manually. Computers were an alien concept and heavy paper files[…]

INNOVATION IS KEY TO A RESILIENT BUSINESS

The word innovation can conjure up images of disruptive developments such as online streaming services or companies such as Uber. Fortunately, innovation doesn’t have to happen on a grand scale to make an impact in your business.   Driving innovation in any business begins with creating and encouraging an innovative and forward-thinking culture to allow[…]

SALARY CONVERSATIONS DON’T NEED TO BE AWKWARD

Talking about money with your employees can be uncomfortable. Even when you have good news for an employee, discussing pay can be difficult.   An employee’s performance is inextricably linked to their salary and bonus. However, discussing the two together can lead to the employee focusing only on the conversation about pay. As such, managers[…]

BREAKING UP IS HARD TO DO

Sometimes things don’t work out in business and it’s time for the owners to go their separate ways.   It’s fair to say that business relationships usually begin with enthusiasm and passion, grow through balance and communication and endure the highs and lows of life. Sometimes, however, businesses don’t weather the storm and things come[…]

CONSERVATIVE PARTY ELECTED WITH WORKING MAJORITY

Now that Boris Johnson and his Conservative party have won the General Election will we finally “Get Brexit Done”? More importantly, can the Government now get on with running the country and sorting out urgent issues such as the NHS?   We are still awaiting the date of the Budget which is likely to be[…]

KEY 2020 TRENDS

The environment, wellbeing, mental health and technology look set to be some of the big business trends in 2020. As we move into the New Year, businesses will have to adapt in a world that places greater emphasis on sustainable business practices. People will want to work for firms that take care of their employees[…]