What are the most common payroll mistakes?

Doing payroll can be quite a tricky process for employers. With so many factors going into the process, it can be easy to make an error.

Continue reading

Five ways small businesses can improve payroll efficiency

National Payroll Week is a fitting moment to look again at how payroll actually runs in your business.

Continue reading

Three costly payroll compliance risks every small business needs to be aware of

Evolving compliance requirements mean the goalposts for payroll compliance are regularly moving and the risk of financial penalties is increasing.

Continue reading

More than a million pensioners now pay higher rate tax – Here’s what it means for you

New figures have confirmed what many retirees are starting to feel in their bank statements.

Continue reading

Crypto investors have paid £1.38 billion in tax: Do you know what you need to pay?

HMRC sent over 65,000 warning letters to cryptocurrency investors over the last year due to a suspected underpayment of tax.

Continue reading

What does the end of the Great British Summer Savings scheme mean for businesses?

It is no longer just the grass that is brown as the changing seasons are being reflected on the leaves of the UK’s deciduous trees.

Continue reading

You don’t own the business, but do you still owe the tax? HMRC ‘failure to notify’ penalties following a share disposal

If you are a shareholder in a company you have little involvement in, you might not realise a share disposal can trigger Capital Gains Tax (CGT).

Continue reading

Pokémon cards and cryptocurrency: Understanding Capital Gains Tax when selling assets for a profit

Capital Gains Tax (CGT) receipts were up 17.6 per cent in July compared to July 2025, highlighting the growing importance of understanding the tax implications of asset sales.

Continue reading

Tips for tipping – Does automation spoil business relationships?

Automation is often viewed by business owners as an effective way to improve profitability by cutting back on tedium so that more time can be spent engaging with high-value work.

Continue reading

Sole trader vs limited company for side hustles – Which is the most tax-efficient?

With many individuals starting a ‘side hustle’ to supplement their salary, setting up as a sole trader or limited company is the first big decision.

Continue reading

Get in touch

If you would like to find out more about how we can help you, please give us a call or send us an email.

Phone us
01642 632032

Email us
info@bainesjewitt.co.uk

Can we help? Talk to our expert team