Entries by Fern
Making the Right Choice: Limited Company vs Sole Trader
For many aspiring entrepreneurs, the holiday break provides rare breathing space to reflect, plan, and take decisive steps toward launching a new business. It is no coincidence that January consistently ranks as the most popular month to start a business in the UK. However, while ideas, branding, and growth plans often take centre stage, one […]
What to expect in Rachel Reeves’ Budget on 26 November 2025
Langricks’ Tax Director, Nigel Shaw, once again peers into his crystal ball to offer insight on what to expect in the upcoming Budget Statement later this month. His task has been made easier by the Chancellor’s recent “scene-setting” speech, in which she warned of tough decisions ahead—i.e., further tax increases are imminent, likely including changes […]
Event: Autumn Budget 2025 & Tax Planning Opportunities
Post-Budget Seminar 2025 Hosted by Langricks Chartered Accountants Join us for our Post-Budget Seminar — an exclusive event offering expert insight into the Autumn Budget 2025 and what it could mean for you and your business. Events Holmfirth Seminar ???? Venue: Woodsome Hall Golf Club???? Date: Tuesday 2nd December 2025⏰ Time: 8:30am – 10:00am(Bacon butties, […]
Is Your Nursery Payroll Putting You at Risk?
Running a children’s nursery is no small feat. Between meeting staffing ratios, maintaining safeguarding standards, and keeping on top of parent communications, payroll shouldn’t be another source of stress. But for many nursery owners, it’s becoming an increasingly critical area to get right. Rising Compliance Pressure for Nurseries With the newly formed Fair Work Agency […]
New Legal Requirement: Directors and PSCs Must Verify Their Identity by 18 November 2025
From Autumn 2025, a new legal requirement will come into effect: all company directors and people with significant control (PSCs) must verify their identity with Companies House. The official deadline for compliance is 18 November 2025. If you’re a director or PSC, you may have already received an email directly from Companies House regarding this […]
Langricks: Championing Community Through Sponsorships and Support
At Langricks, we are deeply committed to supporting our community through various sponsorships and charitable initiatives. Our involvement in local events and causes reflects our dedication to giving back and fostering positive change. The Wilmslow Running Festival We proudly support The Wilmslow Running Festival, a charity event that raises thousands of pounds each year. Over […]
Voluntary National Insurance Contributions
Voluntary NI contributions are used to plug potential gaps in your National Insurance record, essentially making sure there are enough years of National Insurance contributions (NICs), or National Insurance credits, to get the full State Pension. Gaps in the contributions record can occur for numerous reasons. They can happen, for example, if you are self-employed […]
What is the Construction Industry Scheme (CIS)?
The construction industry scheme is the process where contractors deduct tax on behalf of their subcontracts and pay them over to HMRC. What type of work and who are covered? CIS covers all work in the construction industry in the UK including, Site preparation, Demolition and dismantling, Alteration, repairs and decorating, Installing systems for heating, […]
Elevate Your Employee Benefits
We understand that employee benefits play a crucial role in helping companies: • Attract, retain, and motivate employees, and • Align employees with the overall business strategy. In the modern workplace, a well-structured benefits program is a key differentiator for any business. To remain effective and aligned with company’s broader goals, these benefits also need […]
P11Ds Due by 6th July: Everything You Need to Know
Following the end of the tax year, employers need to file P11D forms by 6th July and pay the resulting Class 1A NIC by 19th July to avoid penalties. What is a P11D Form? A P11D form is the form you use to submit your end-of-year declaration of employee expenses and benefits. It’s essential for […]
Transforming the Perception of Audits: From Overhead to Opportunity
Unfortunately, Audits are Often Viewed as an Unwelcome Overhead Audits have long been perceived as a necessary evil—an overhead that businesses must endure rather than an opportunity to improve and grow. This negative perception stems from several key factors, including: Lack of Business Understanding from the Audit Team One of the main reasons audits are […]
The Tax Benefits of Electric Company Cars in the UK: A Smart Choice for Businesses
As businesses in the UK increasingly prioritise sustainability, electric company cars have become an attractive option. Beyond their environmental benefits, electric vehicles (EVs) offer substantial tax advantages that can significantly impact a company’s bottom line. Understanding Electric Company Cars Electric company cars are vehicles powered entirely by electricity, either from batteries or fuel cells. These […]
Government Consultation on Increasing Audit Limits: What You Need to Know
In recent months, the government has embarked on a consultation process to consider raising the audit thresholds for businesses. This move is part of a broader effort to reduce regulatory burdens on smaller companies and to streamline compliance processes. But what does this mean for businesses? Currently, businesses are required to undergo an audit if […]