Staying ahead of the game requires smart decision-making and cutting-edge technology. When it comes to managing your business's finances, traditional accounting methods can often feel like a burden. At MMG…
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MMG CHARTERED ACCOUNTANTS SCORES A WIN FOR CHARITY: OVER £500 RAISED FOR DOWN’S SYNDROME SCOTLAND
May 05 2023-
We are delighted to share some fantastic news from the MMG Chartered Accountants team! We recently participated in the Thorntons 5-a-side Charity Football Tournament and successfully raised over £500 for…
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Effective cash flow management is a vital aspect of running a successful small business. Inadequate cash flow management is a leading cause of small business failure, with many entrepreneurs failing…
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The government has announced several tax consultations on its Tax Administration and Maintenance Day, 27 April. These include measures designed to support the government's ambition to simplify and modernise the…
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The latest Finance Bill will legislate the announcement in the Spring Budget that the lifetime allowance (LTA) charge will be abolished from 6 April 2023. Individuals will still be able…
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Where benefits in kind are provided to employees, this will usually result in an income tax charge on the employee and a Class 1A national insurance (NI) charge on the…
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The deadline for filing the P11d forms to report benefits in kind in respect of directors and employees for 2022/23 is 6 July 2023. Note that the original and amended…
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National Insurance Contributions (NICs) Like the main income tax bandings, employer and employee NIC thresholds are now also frozen until 5 April 2028. This broadly means that employers’ NIC will…
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