CFO360 UK

📊✨Exciting news! Our monthly finance brief is ready! 🚀

This month’s edition is packed with valuable insights! Get the latest on big changes on the New Pension Schemes Bill, HMRC's signals about job perk changes, and how you can extend Child Benefit claims for teenagers online. - don’t miss out!👀

Follow the link below to stay informed!💡📅

https://mailchi.mp/888988558184/slow-progress-made-on-parents-pension-redress-by-the-dwp-6742006

New Pension Bill To Benefit 20 Million Workers The UK Government's new Pension Schemes Bill aims to simplify pension management and boost returns for 20 million workers by consolidating small, fragmented pension pots. This initiative is part of a broader "Plan for Change" to put more money in people's pockets and drive £50 billion into the UK e...

Big changes are coming for your pension! 💰

The UK's new Pension Schemes Bill aims to simplify pension management, boost returns by combining small pots, and make retirement choices clearer for 20 million workers. This "game-changer" is set to drive £50 billion into the UK economy and transform the pension landscape for the better! 🚀

Learn how these changes could benefit you. Read more below.

https://cfo360.co.uk/new-pension-schemes-bill-to-benefit-20-million-workers/

CFO360UK

New Pension Schemes Bill To Benefit 20 million workers - CFO360 | Accounting, Bookkeeping and Tax services London New Pension Schemes Bill To Benefit 20 Million Workers The Government’s new Pension Schemes Bill is expected to make it easier for millions of people to manage their pensions, by improving returns, and combining smaller pension pots to create bigger and better pension funds. The benefits of combin...

Heads up, contractors! ⚠️

From April 6, 2025 changes to UK employer National Insurance Contributions could mean less take-home pay if you use an umbrella company. This tax increase, intended for employers could impact your net pay.

If you're affected, talk to your umbrella company about renegotiating your rate. HMRC has issued guidance for good umbrella company practices, so make sure yours is compliant!

Follow the link below to read more👇:

https://loom.ly/NsmHT6g

Changes To Umbrella Company Payments Could Reduce Wages - CFO360 | Accounting, Bookkeeping and Tax services London Changes To Umbrella Company Payments Could Reduce Wages Umbrella companies are typically used by recruitment agencies to employ workers on temporary contracts, in sectors like IT, healthcare, construction and education. Usually, the contractor or temporary worker will work for a client, the client p...

UK tax changes are coming! 🎉

The government is simplifying the system to cut red tape and boost efficiency. This means less admin for businesses (no more VAT on old computers!) and potentially 300,000 fewer people needing to file self-assessment with income threshold up by £3000! Get ready for a smoother tax experience!💯

Read more below👇:

https://loom.ly/T4VLHkI

Tax Simplification Measures – Do They Go Far Enough? - CFO360 | Accounting, Bookkeeping and Tax services London Tax Simplification Measures – Do They Go Far Enough? The Government has revealed a package of changes designed to simplify the tax and customs system and to help deliver its ‘Plan for Change’. There are 26 measures included in the changes, plus two administrative measures to strengthen the “...

📊✨Exciting news! Our monthly finance brief is ready! 🚀

This month’s edition is packed with valuable insights! Get the latest on tax simplification changes, how umbrella company payments could reduce wages, and calls for HMRC to address tax admin challenges. - don’t miss out!👀

Follow the link below to stay informed!💡📅

https://loom.ly/WZtcnjw

Meet George Edmore Ncube, a Business Development Specialist at CFO360!💪🔥He began his career as an assistant teacher before discovering his passion for business development, transitioning to a role as Sales and Distribution Controller at a subsidiary of SABMiller. He relocated to Eswatini during the COVID-19 pandemic where he worked as a Product Development Assistant. Upon returning to South Africa, George worked as a Sales Development Representative before joining CFO360, where he has now spent the last three years and six months driving growth and delivering consistent results.

George's typical day involves efficiently managing client interactions, from promptly addressing queries and prioritising tasks to scheduling and conducting client meetings. His professional aspirations include continuous growth in business development and collaborating with businesses of all sizes across various industries.💯

His significant accomplishments include published research for an International Labour Organisation project as part of his Honours degree and contributing to a concept paper for the Ministry of Health in Eswatini.📚🎓

Outside of work, George is an active member of his church choir, where his bass vocals are highly regarded. 🧑‍🎤He also enjoys watching his favorite football teams: Manchester United, Real Madrid, and Orlando Pirates though he jokingly acknowledges their tendency to cause him heartbreak, but he remains a loyal fan.⚽☠️😅

🚨Heads up, UK businesses!🚨

Companies House is enforcing new rules under the Economic Crime and Corporate Transparency Act 2023. This means tougher penalties like late filings can result in significant penalties, even prosecution.

Companies House will offer guidance but will enforce these new powers on businesses. Appeals are available but limited to specific grounds and must be made promptly.💼

Read more online 👇:

https://loom.ly/gumZrlI

Companies Are Being Warned To Comply With New Rules - CFO360 | Accounting, Bookkeeping and Tax services London Companies Are Being Warned To Comply With New Rules Companies registered at Companies House are being warned to keep on top of their responsibilities, such as filing their confirmation statements on time, otherwise they could face new penalties. Companies House will still support businesses to help....

Meet Sameerah Hassan, CFO360's Accounting Administrator!🙌🌟 Her career path has been diverse, starting in insurance and then encompassing roles in store management, reception and administration, as well as business administration and procurement. This varied experience sharpened her strategic thinking and ultimately led her to thrive in finance.💯 She leverages technology and uses streamlined processes to enhance productivity.

Sameerah's daily tasks include reconciling accounts, updating databases, processing payments, managing data, monitoring balances, and preparing reports to improve collections. She approaches her work with efficiency and strategic thinking while prioritising accuracy, time management, and proactive problem-solving, guided by accountability and continuous improvement.

Her achievements include successfully transitioning across industries into accounting while embracing the challenge with persistence and the desire to learn. She sees her current role as a new beginning for growth and leveraging her diverse background in finance. Her goals are focused on deepening her financial expertise and contributing to strategic financial planning.📈

Outside of work, Sameerah enjoys reading, learning through podcasts and online resources, baking, cooking, and spending time with her family.📖🧁🍝👪

📊✨Exciting news! Our monthly finance brief is ready! 🚀

This month’s edition is packed with valuable insights! Don't miss updates on new Companies House compliance rules, tips for managing inheritance tax, and the market impact of Trump's tariffs - don’t miss out!👀

Follow the link to stay informed!💡📅

https://loom.ly/SAzyG38

Are your employee benefits truly effective, or are you throwing money away? 🤔💭

Recent research reveals a significant disconnect between what employers think about their benefits packages and how employees perceive them. For example, while most employers believe their perks boost employee well-being, less than a third of employees agree.

💡Discover insights that highlight the risks of misaligned benefits and the importance of understanding employee needs.

Read more below:
https://loom.ly/wlrD1Ng

Are Your Employee Benefits As Good As You Think? - CFO360 | Accounting, Bookkeeping and Tax services London Are Your Employee Benefits As Good As You Think? Many companies offer employee benefits to encourage the best people to join their team, or maximise the chances of encouraging existing employees to stay. But are the benefits you offer as effective as you think they are? Recent research from employee...