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Accounting Insights
  • 11
  • May
2020 declared ‘Year of the Start-up’ due to record levels of UK business creation

Last year may have been one of the toughest years UK business has seen in living memory, but it also saw the setting of an all-time record that should serve as an encouraging sign for the future of British entrepreneurship.  According to figures from digital payments specialist Tyl by Natwest, a whopping 770,000 new businesses…

  • 23
  • Mar
Were you aware of the changes to holiday entitlement and pay?

HMRC has made changes to holiday entitlement for casual staff on zero-hour contracts and holiday pay for zero-hour staff and staff that receive regular overtime/commission/bonus payments. UK Law states all workers must receive 5.6 weeks/28 days of leave, which includes bank holidays. Zero-hour staff For staff on zero-hour contracts, holiday can no longer be calculated…

  • 2
  • Mar
Self-employed workers in the UK call for delay to IR35 reform

A new poll has found that most of the UK’s self-employed individuals are seemingly unprepared for the changes to off-payroll working rules – also known as IR35 – that are set to take effect from April.  As reported by LondonlovesBusiness and elsewhere, a survey of more than 500 self-employed people found that only 3% of…

  • 8
  • Jan
Britons Urged to Act Quickly to Beat Self-Assessment Deadline

It’s that time again; not only is it a whole New Year, but it’s also time for the many millions of Britons required to complete a self-assessment tax return to do so by midnight on 31st January.  Of course, we realise here at TS Partners that some of you will have done the deed already.…

management accounts
  • 20
  • Aug
Regular Management Accounts: Is It True They Can They Transform the Financial Health of My Business?

Getting more from management accounts. As a business owner, it goes without saying it’s vital to always be on top of the company’s finances. You’ll always need to know how the business is performing, but also how it is projected to do in the upcoming months. Running a business also means making important decisions daily,…

R&D specialists
  • 12
  • Jun
5 Reasons Why You Should Choose R&D Specialists Instead of Your Accountant

Why choose R&D specialists over your accountant? Prospective clients ask us why, and it’s a good question. Accountants often tell businesses they can claim research and development (R&D) tax credits on their behalf at minimal cost. Some firms may even offer this service for free. Surely, you just have to fill out an extra couple…