Already auto enrolled your staff pensions? Remember you still have ongoing auto enrolment duties

Posted by Louis Heartfield 20 November 2017 08:15 AM

Auto enrolment has been rolled out to the employers of this country over the last five years or so. By February 2018, all employers in the UK will have to consider their responsibilities in terms of auto enrolment. It is such a sea change in the way that we operate as employers that it can be easy to think that all the hard work is done. But there are ongoing auto enrolment duties for every employer to make sure that they stay on the right side of the law.

The Pensions Regulator have been given strong powers to ensure that employers play by the rules. Pensions will become an important part of the financial planning of everyone in the country as the state pension struggles to keep up with inflation and living costs. Sadly, the pension plans of many people in the UK is nowhere near what they might need.

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Topics: Auto Enrolment

Starting a new business? Don’t forget your Auto Enrolment responsibilities

Posted by Louis Heartfield 17 November 2017 03:20 PM

There is so much to consider when starting up a new business. You have to speak to people about setting up the company registrations, maybe sorting out insurance provision and the the nitty gritty such as business cards as well as looking for your customer base. Articles regularly show that starting a business can be one of the most stressful times of your life. None of us get into this because we want to deal with all the paperwork involved, but because we have a passion for what we do and see a gap in the market. Just to add to all of this, if you are setting up a new business then don’t forget your auto enrolment responsibilities as well.

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Topics: Auto Enrolment

4 things you probably didn’t know about R&D tax credits

Posted by Joanne Warren 15 November 2017 08:20 AM

As R&D tax specialists, we talk to businesses every day about how they can make the most of this government incentive. And we would like to think that we know at least a thing or two about R&D tax credits. As the tax man looks to challenge some R&D tax claims we find that our expert knowledge comes in even more useful for our clients. Did you know that Harlands have a 100% success rate with R&D tax claims? But this isn’t the only thing you need to know about all of this. Here are 4 things you probably didn’t know about R&D tax credits and what they mean to you.

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Topics: R&D Tax

If you think getting Auto Enrolment right is a cost to your business, see how expensive it is to get it wrong

Posted by Louis Heartfield 13 November 2017 07:01 PM

Auto enrolment is seen by small businesses as a hassle and a cost. Every new initiative that is rolled out where the business owner has to carry out an additional task is a burden. Where before there was no onus on the business to provide a pension for their team, now there is. This means paperwork, decisions and consultations before we even get to the issue of employers’ contributions. But getting auto enrolment right isn’t the real potential cost in all of this – getting it wrong is far more of an expensive proposition.

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Topics: Auto Enrolment

Don’t want to deal with the tax man? We don’t blame you!

Posted by Joanne Warren 10 November 2017 07:35 AM

Dealing with the HMRC can be a pain at the best of times. Understanding tax is one thing. Having the patience to wait on the phone is another thing altogether. People are even writing guides to the best time to call the HMRC. There’s very little joy in the process. So, how about someone who sorts out all of this on your behalf? Harlands deal with your R&D tax claim so you don’t have to. Here are the steps that we go through to make it simple for your business.

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Topics: R&D Tax

Find out how doing your own tax returns can lead to a major headache with the tax man

Posted by Hollie Ord 08 November 2017 10:09 AM

The tax man is a strange creature at times. Although they have started to be overtaken by footballers, politicians and bankers on the list of most hated jobs in the UK, the fact is that they are not loved by the majority of people.

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What are the key elements of Research and Development for an R&D tax claim?

Posted by Joanne Warren 06 November 2017 08:22 AM

Research and Development is big business for UK companies. It is one of the major areas of expenditure for even small companies and some even spend money on R&D without really classifying it in that way. But research and development spending can lead to you gaining a chunk of money back from the tax man every year. To understand if this is relevant to you, read our guide to the key elements of Research and Development for an R&D tax claim for your business.

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Topics: R&D Tax

The top ten myths about auto enrolment

Posted by Louis Heartfield 03 November 2017 02:25 PM

As auto enrolment starts to make its way to all employers in the UK, there is a lot of information passed around about it. Whether these are chats with fellow business owners or comments made online, there has been a lot said. And not all of it is true. At Harlands, we deal with auto enrolment every day. Here are the Top ten myths about auto enrolment

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Topics: Auto Enrolment

Getting caught in the inheritance tax net

Posted by Hollie Ord 01 November 2017 03:50 PM

It used to be a tax that only affected the rich. In years gone by, getting caught in the inheritance tax net meant that you had a lot of wealth when you died. But now there are more middle-income families getting caught in the inheritance tax net and facing a tax bill on the estate of a loved one that can run into the thousands or tens of thousands and beyond.

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Topics: IHT

Investment for North East business is available NOW

Posted by Phil Murray 01 November 2017 03:00 PM

Getting investment for your business can feel tough at times. The banks have a smaller appetite than ever to lend (though don’t think it’s impossible of you know the right people) and it can feel like you are up against it.

But there is a source of funding for North East businesses that has been established since 2012 and they have just opened their doors for this year’s applications.

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Topics: Business Owner