Category Archives: Employers

Hospitality sector – promote advance payments for Christmas parties now!

Christmas party VAT

To those of you in the hospitality and tourism sector, you have been enjoying a reduced rate of VAT (5%) since 12 July 2020. This reduced rate applies to most supplies made by hotels, tourist attractions, members’ clubs and most places that host events. It also applies to the food […]

Business Fraud – surely fraud wont happen to my business?

business fraud

There is an increasing amount of damage caused by fraud in the business world. It is easy to perceive this as a risk that just affects larger organisations or that it simply ‘won’t happen to a business’ like ours. These assumptions are dangerous and can post great risk if adequate […]

Concession on employee benefits during COVID

employee benefits

In the 2020/21 tax year, just ended on 5th April 2021, as an employee you may have received extra support from your employer to enable you to continue to work. HMRC introduced a number of concessions so that these necessary support measures are not taxable benefits for employees. They include, […]

Be Prepared for Changes to Prompt Payment Discounts

Newcastle-based accountancy firm Robson Laidler is reminding business owners that HM Revenue & Customs (HMRC) has announced the rules surrounding VAT declaration on prompt payment discounts (PPDs) are changing from 1 April 2015. PPDs offer a reduction to the price of goods and services between a supplier and customer if […]

Employers to reveal gender pay gap

Martin Wardle, at Newcastle-based accountancy firm Robson Laidler is reminding companies that employ more than 250 people that they will soon have to reveal differences between average pay for male and female workers under a change to a law passing through Parliament. Large firms that do not comply with the […]