Expense management is an essential part of financial management in a business, and if done well, can boost overall profitability Here are our top 6 tips for effectively managing expenses. Expenses Policy Having a robust expense policy is the best
This week’s track and trace system reports highlighted, on a large scale, the problems associated with using spreadsheets. So why are organisations relying on old technology, when there are better alternatives? The UK’s Coronavirus track and trace system encountered problems
Reynolds Catering is one of the leading fresh fruit and veg suppliers, and wholesalers to the UK food service and catering industry, but like many other businesses, they were experiencing the many problems associated with manual expense claiming. Prior to
There are so many benefits to be had from switching to MyExpenses software, from cost savings to employee productivity. Read on to find out more. Enforce Policies This is a very simple place to start. Employees are often unaware of
HMRC audits have caused sleepless nights for many accounts departments across the UK. Fortunately, this unpleasant scenario can be averted if you are well prepared. HMRC can conduct audits on any business at any time, which is why records need
The Hana Group specialise in the retail & food sector, and wholesale distribution, with a portfolio of 14 brands, including Sushi Gourmet, Genji, Wok Street and more. The group has rapidly expanded from 35 retail outlets in 2012 to over
Point Progress have been working for many years with leading providers of accounting software, payroll packages, human resource systems and banking providers to ensure seamless integration of expense claim data. The ability to import and export data in the required
Chancellor, Rishi Sunak announced yesterday that the VAT in restaurants, hotels and cinemas will be cut from 20% to 5% This tax cut has been introduced as part of the mini-budget to help the economy get back on its feet
Changes to working practices across the country as a result of the Coronavirus, have raised questions over how employee-related expenses and benefits will be treated for tax purposes It may be that you have employees working from home for the
P11D forms report expenses and benefits given to employees and directors through the tax year If you paid any benefits or expenses (which are not exempt), you need to file a P11D(b). You need to send a P11D for each
