News and Blog

Businesses braced for payrolling changes

With Christmas and New Year celebrations now becoming a distant memory, businesses are settling back into work for 2019. Without doubt, the main focus for businesses this year is Brexit, but the uncertainty around the deal is making companies feel … Continue reading

no deal brexit

Deal or no deal? How businesses trading with EU countries should prepare for Brexit

With Britain’s departure date from the European Union fast approaching and Theresa May’s Brexit deal yet to be passed, businesses are being warned to prepare for a no deal situation. But what does this mean for businesses trading with the … Continue reading

Pierce 2018 Christmas Card

Merry Christmas

HMRC removes Earlier Year Update from payroll processes

Pierce is alerting businesses to a big change to payrolling as from April 2019, the Earlier Year Update (EYU) will no longer be a valid submission for the tax year 2019 /20 onwards. Currently used to fix any inaccuracies in … Continue reading

Planning ahead for extreme weather

As our excitement for Christmas begins to build, so too does the prospect of plummeting temperatures and weather warnings hampering, hindering or halting us as we struggle to work. If extreme weather hits the UK this winter, school closures, train … Continue reading

Lancashire businesses prepare for further changes to National Minimum Wage within the care sector following U-turn decision

National Minimum Wage (NMW) has been a key focus for the government for some time now and they have been pursuing sectors they believe do not comply with legislation. Historically in the care sector, many employers paid a fixed amount … Continue reading

Budget boost for business investment

With the Budget 2018 announced just a few days before Halloween, there was much speculation about whether the Chancellor’s famous red Budget Box would be full of tricks or treats. As the last Budget before Brexit, it was highly anticipated … Continue reading

Budget 2018 Presentation & Detailed Analysis

Following the Chancellor’s Autumn Budget announcement and our successful Budget Breakfast event, we are pleased to provide the presentation slides from the event and our usual detailed Budget analysis. This year we also have a photo gallery from the event, … Continue reading

UK Income Tax Liabilities regarding Offshore Matters

New legislation has introduced a legal requirement for UK taxpayers who have undisclosed UK tax liabilities to income tax, capital gains tax and inheritance tax in respect of offshore matters to disclose the relevant information to HMRC by 30 September … Continue reading