The Government has announced an additional Omnicron business support package for business most affected by the Omicron variant of Covid 19. Some summary details are below. Additional Omnicron Business Support Measures Businesses in the hospitality and leisure sectors in England will... read more

Christmas gifts for staff can be made tax-efficiently if you follow the rules carefully. Here are the main issues: Annual Party There is a tax-free allowance for the provision of an annual party or other event for the benefit of staff and... read more

Last month the annual Unbiased Trusted Professional Awards were announced and once again HFM was successful. In fact, we swept the board, members of our team taking first, second and third places. John Galvin was the overall winner - the... read more

Summary As with the Spring Budget 2021, much of the detail for the Autumn Budget had been leaked to the press prior to the official report to parliament, 27th October 2021. But we now have all the details and, as usual, there... read more

Changes in Dividend Tax Dividends have been taxed at a lower rate for some time and taking a combination of minimum salary and then dividends has been a standard remuneration strategy for small owner managed businesses. If you have been keeping up... read more

Boris Johnson has announced a new 1.25% health and social care levy on earned income, with dividend rates increasing by the same amount. He said the levy would fix the long term problems of health and social care that have been... read more

HMRC have just published their list of the most ridiculous excuses for flouting the law regarding the National Minimum Wage. The most absurd excuses included: She does not deserve the National Minimum Wage because she only makes the teas and... read more