When two Spurs players, Peter Crouch and Wilson Palacios, were transferred to Stoke they were paid a termination payment of over £1m by Spurs for terminating their contracts early. This was treated as a termination payment on which no National Insurance Contributions (NIC) were due. Tax was due … [Read more...]
News for: Expert Opinion
Did Coca Cola create Santa Claus?
Christmas is coming! Now we’ve got Black Friday and Cyber Monday out the way it’s time for the Christmas themed blog posts… One thing that’s brought up every year is how Coca Cola created the modern day vision of St Nick himself. While a little digging shows this isn’t the case, Coke seem … [Read more...]
Income protection – peace of mind for self-employed
Recently there have been huge improvements to the range of income protection cover available for contractors, freelancers and the self-employed. Each year nearly a million people in the UK find themselves unable to work due to a serious illness or injury (ABI 2015). Income protection is a … [Read more...]
Great brands and design exist outside of London
It's a fact - great brands, great design and great designers do exist outside of London. Stockport is testament to that, where we have a wealth of talented creatives and excellent designers. Traditionally, London may have been the be-all and end-all of the creative industries. However, in recent … [Read more...]
As winter sets in, steer clear of traffic accidents
As winter sets in and Christmas is nearly upon us we need to steer clear of traffic accidents as along with the drop in temperature, the roads around Stockport and Manchester are going to be even more congested. With the pressure of extra traffic, unwelcome dark days and inclement weather, the … [Read more...]
Brakes are on for Business in December
It's arrived! The brakes are on for business! The countdown to Christmas is on: lists are written, lights are shining, gifts are gathered, parties are planned. Everybody loves this time of the year, don't they? At the risk of sounding like my parents, is it really necessary for the shops to stock … [Read more...]
Is Stockport really a destination for tourists?
A couple of weeks ago I was interviewed by a national media company who asked me: Is Stockport a destination for tourists? Yes, I believe it is and it will definitely be attracting visitors for a long time in the future, largely thanks to its rich heritage, fascinating culture and an enthusiastic … [Read more...]
Give tax-free gifts to your team this Christmas
No matter where you look, Christmas is coming which means buying presents for your family and friends but what about giving tax-free gifts to your team? There is a statutory exemption enabling employers to give their team members a tax-free gift, which is especially relevant at this time of year. … [Read more...]
Hammond Answers Calls for Reform on Business Rates in 2017 Budget
In yesterday’s 2017 budget, Phillip Hammond made a series of pledges that in one fell swoop, answered all the calls for business rates reform that businesses and stakeholders have been asking for for years. From 2022, three-year property revaluations will be introduced, instead of the current five … [Read more...]
Stockport Fire Prompts Risk Assessment Reminder
A Stockport fire has prompted a call for business owners to carry out a regular fire risk assessment of their business premises. Health and safety expert Michelle Hay of Stockport’s Michelle Hay Training is drawing attention to the importance of fire risk assessments after the latest business fire … [Read more...]
When is a pool vehicle not a pool vehicle?
Within businesses, there is often confusion between a pool vehicle and a company vehicle. Pool vehicles are exempt from a benefit-in-kind charge provided certain conditions are met. Company vehicles are taxable. It is vital to categorise your vehicles correctly and maintain records as … [Read more...]
How businesses can deal with flooding
As winter starts to set in, the team at Red Rock Facilities Management examines how businesses can deal with flooding when the prospect of heavy snow and rain hovers on the horizon and the potential havoc that may reap for businesses. We need to prepare for the impact that severe weather may … [Read more...]
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