The Pension Changes Employers Need to Know About

All employers, including small businesses, need to be aware of changes to auto-enrolment pension schemes that take effect in the new tax year.

Starting on 6 April 2019, employers will need to increase the minimum contributions that they and employees pay into an auto-enrolment workplace pension scheme.

Directors: How to Claim Work From Home Expenses

Many limited company directors find it cheap and convenient to work from home.
Working from home also gives limited company bosses the opportunity to claim certain expenses against their company’s tax bill.
If you work from home for some or all of the time, there are three main ways that you can claim home working expenses such as electricity, gas and telephone bills through your limited company.

Starling Bank Launches FreeAgent Integration

After successfully integrating with Xero last year, Starling Bank has announced that its business banking users will now be able to integrate their accounts with FreeAgent, reducing the stress of managing business finances.

The Open Banking integration means that, with permission, FreeAgent will automatically import bank transactions into your cloud-based accounts.

FreeAgent will also pull data like spending category, transaction time and business name and organise transactions in a way that’s suitable for Making Tax Digital for VAT.

All of this means that you can reduce the time spent on routine financial admin and eliminate errors that might creep in while you manually import data.