Gifts to charity

Where possible, higher rate taxpayers should “Gift Aid” any payments to charity to provide additional benefit to the charity and for the individual to obtain additional tax relief on the payment. For example, where an individual makes a £20 cash donation...

Dealing with Imposter Syndrome

“Imposter Syndrome” can be described as a pattern of thinking that leads people to lose confidence in themselves, in their accomplishments and in their ability to do their job. This results in individuals becoming stressed about being “discovered as...

Confirmation bias

Most business people these days have too much information and not enough time. We don’t have the time to weigh up every facet of every decision. This tends to encourage us to take shortcuts where we can. As such, we often go into a meeting or a negotiation with an...

Co-working spaces – can they work for your firm?

Co-working spaces were once the preserve of freelancers and creative types. Now medium to large sized businesses are getting in on the act too. The modern workplace is evolving. First we had flexible working. Then we had remote working. Now we are seeing an increased...

Advisory fuel rate for company cars

These are the suggested reimbursement rates for employees’ private mileage using their company car from 1 September 2018. Where there has been a change the previous rate is shown in brackets. Engine Size Petrol Diesel LPG 1400cc or less 12p (11p) 7p 1600cc or...