Business Strategy Archives - Merranti Accounting
Selling your business
December 7, 2021Selling your business If you are wondering whether, or when, you should dispose of your business, a sensible first step is to form an outline plan. The sale of a successful trading company will generate a capital gain. This would normally be taxed at 20% after deduction of your annual exemption (£12,300 for 2021/22). Business
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Coronavirus business support
October 13, 2021Coronavirus business support Winding down The support schemes put in place to help businesses through the coronavirus pandemic have been wound down or withdrawn from 30 September 2021. It is possible that some of these schemes will be reinstated if COVID-19 restrictions have to be reimposed in the winter, but below is what
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Facts about exporting goods to EU
July 19, 2021Facts about exporting goods to EU- The rules and paperwork required to export goods to EU countries have become much more complicated. As an exporter, you need two EORI numbers: a UK EORI number to include on export paperwork and an EU EORI number for your transport provider and freight forwarder to accept the shipment
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Covid Government Scheme Report
November 19, 2020REPORT RELEASE: Merranti Accounting has just released their free latest report on the schemes being offered by the Government. A 12-page document that will list and explain in detail on all the potential benefits that are being offered by the Government. Get your copy here
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HRMC Tax Debt Management
November 17, 2020In addition to the various coronavirus business loan schemes, the government has allowed businesses to build up tax debt. Payment of the VAT due in the period March 20 to June 30 could be postponed until 31 March 2021. Unincorporated businesses and individuals could delay paying their self-assessment tax due on 31 July until 31
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Brexit – Transistion ending
November 16, 2020EU Brexit VAT Changes: The UK left the EU on 31 January 2020 but all trading arrangements, including VAT, are held in suspension until the end of the transition period on 31 December 2020. Whatever deal is finally agreed between the EU and the UK government, the EU Brexit VAT Changes rules for UK traders
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Statutory Sick Pay extended
November 10, 2020Employers must now operate two parallel systems of Statutory Sick Pay (SSP) for their employees: COVID-19 related SSP and SSP for all other health related matters that prevent employees from working. In both cases, the employee must earn at least £120 per week and have informed their employer of the illness. In general, SSP is
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Kickstart scheme
November 5, 2020Under the Kickstart scheme, the government will pay the wages and associated costs of new employees who are aged 16 to 24, and who come directly to you from claiming Universal Credit. The Kickstart grant will cover the employee’s wages at the national minimum wage rate for 25 hours per week, for six months, plus
Read MoreDid you know we are Quick Book Certified
March 8, 2016Quick Books are running a new advertising campaign, as we are Quick Books Premium Certified then why not let us help you set this up.
Read MoreThe National Living Wage, what does it mean to your business?
February 26, 2016As of the 1st April 2016 all employers will be required, by law, to pay all of their employees over the age of 25 (that are not in the first year of an apprenticeship) a minimum of £7.20 per hour. Anyone employed under the age of 25 will need to be earning their age appropriate minimum
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