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national living and minimum wage 2025/26 rates, Folio Partners

The budget – national living and minimum wage 2025/26 rates

December 11, 2024

The Autumn '24 Budget announced significant wage increases, including a 6.7% rise in the national living wage to £12.21 for those aged 21 and over, and an 18% boost for under-18s and apprentices to £7.55, effective April 2025. Read on to learn more about these changes.

Tax reforms Autumn Budget 2024, folio partners

Tax reforms introduced during the Autumn Budget 2024

November 25, 2024

The Autumn Budget 2024 introduced major tax reforms aiming to tackle economic challenges and support public services. However, it faced criticism for raising business costs, particularly from the farming community. Key measures include increased National Insurance contributions, higher Capital Gains Tax rates, and a significant minimum wage hike, alongside boosts in NHS and education funding.

Employer NI rate increase, Folio Partners

A solution to lessen the impact of the Employer NI rate increase

November 20, 2024

Autumn Budget announcement has gradually cooled down in the media, but it marks just the beginning for employers to reassess their finance status. With the potential for increased costs and changes to the Employment Allowance, employers could face significant challenges find out if you'll be affected by the changes and what they mean in this blog post.

What investors and companies need to know about EIS / SEIS requirements

November 4, 2024

The Seed Enterprise Investment Scheme and Enterprise Investment Scheme are UK government initiatives to encourage investment in small, high-growth companies. However, they come with specific requirements for both investors and companies. Find out more in this blog.

Maximising benefits with R&D tax reliefs, Folio Partners

Investing in a sustainable future: maximising benefits with R&D tax reliefs

October 22, 2024

Sustainable practices are at the forefront of architectural design today. While sustainable design is not a new concept, the topic of how to leverage R&D tax credits to help sustainable architecture is less often discussed.

R&D tax relief and circular economy, Folio Partners

How R&D tax relief can support your circular economy innovation

October 16, 2024

The circular economy is an innovative economic model that emphasises the sustainable use of resources. One effective way for architects to embrace circular economy principles is through R&D tax reliefs.

Where have the business owners gone?

October 10, 2024

The number of Sole traders, partnerships and private companies are all in decline, why is that and does it matter? Let's explore why setting out on your own is becoming less and less attractive.

Understanding the Construction Industry Scheme, folio partners

Understanding the Construction Industry Scheme (CIS)

October 4, 2024

The construction industry is poised for growth over the next 5 years. However, increased demand brings complexities that require strict payroll processes. In this blog post, we will highlight essential payroll guidelines for this industry.

R&D tax relief statistics, folio partners

HMRC unveils its annual R&D tax relief statistics

September 30, 2024

HMRC’s latest R&D tax relief statistics for the period 2022-2023 make for interesting reading, and we’ve broken down some of the key figures for you. Explore key highlights from the statistics and what it means for the industry.

R&D tax relief for architects, folio partners

Do's and don'ts of R&D tax relief for architects

September 26, 2024

Innovation is at the heart of boundary-pushing architecture. To stay competitive, architects must balance functionality, aesthetics, and budget in their design plan whilst leveraging recent technological advancements. To help you navigate the R&D tax relief landscape for architects, we’ve created our guide outlining essential do’s and don’ts to submit a fully compliant and maximised R&D claim.

Who can claim for contracted R&D?

September 16, 2024

Are you a contractor or considering outsourcing innovative R&D projects and curious about your eligibility for the tax relief? Starting from 1 April 2024, new rules will determine who can claim R&D tax relief on contracted work. Discover more about these important changes and what you need to consider by visiting our blog post.

How to tell a valuation's accuracy?

September 5, 2024

Determining the value of your company is not a straightforward task; it hinges on various factors that evolve over time. Whether you are considering selling your business, seeking investment, or simply wanting to understand its worth, it's crucial to adopt a comprehensive approach that captures all relevant aspects of your company. Find out more this in blog post.

A complete guide to the R&D Claim Notification form

August 22, 2024

Filing an R&D claim notification form is now a key step in securing tax relief for your innovative projects. This form ensures compliance by requiring details about your R&D activities and must be submitted within a specific timeframe. Accurate and timely filing is essential to avoid missing out on potential tax benefits. Check out this blog post to learn more about the claim notification form and what is required.

Boosting architectural innovation, folio partners

Boosting architectural innovation: a guide to R&D tax credits

August 12, 2024

Innovation is one of the most important tools for forward-thinking architecture practices. Architecture firms are now pushing the boundaries to embrace R&D as a core part of their design process. Find out how you can supplement your R&D through government incentives like R&D tax credits.

Holiday entitlement and pay, folio partners

Holiday entitlement and pay, get it right

August 9, 2024

Navigating holiday pay can get tricky as different rules are dependent on the worker type. This article will help guide you as an employer to make informed and compliant calculations.

What is the value of your company, folio partners

What is the value of your company? 3 key methods of business valuations

August 6, 2024

As an investor, business owner or shareholder, it is essential to monitor the value of your business and that of your shareholding in it. Every valuation is unique and can be quite complex so we have broken it down into three key methods.

Navigating the 2024-25 Tax Year, folio partners

Navigating the 2024-25 Tax Year – What Payroll Changes Mean For You

April 22, 2024

Every fiscal year brings new challenges for accounting and payroll teams as they try to adapt to the changes revealed in the Spring budget. With changes to the national minimum wage, student loan thresholds, pensions and national insurance, it’s important for employers to understand and adjust to the new guidelines.

Limited liability partnerships, folio partners

Limited liability partnerships - when is a partner an employee?

February 5, 2024

What does being a partner really mean? How is it different to being an employee? Each term carries different legal and tax implications that we will unpack in the blog post below.

Navigating payroll and PAYE, folio partners

Navigating payroll and PAYE regulations in the United Kingdom

January 15, 2024

This blog post will guide you step-by-step, demystifying some of the major regulations and ensuring your business steers clear of potential pitfalls. From PAYE tax deductions to auto-enrolment in pension schemes, the journey through this landscape requires careful navigation.

Understanding different business structures, folio partners

Understanding different business structures in the UK and which is right for you?

January 6, 2024

When starting a business, one of the first decisions you will need to make is deciding your legal structure. There are several options available, in this blog, we will discuss the four main business structures in the UK, notably sole trader, limited company (Ltd), partnership and limited liability partnership (LLP).

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