Knowledge Hub

31. 01. 2024

Accountancy profession ‘contributed £98bn to UK and Irish economies’

The Oxford Economics report underscores the accountancy profession's significant contribution of £98 billion to the UK and Irish economies in 2022, supporting 911,800 jobs. The 22% GDP growth from 2017 to 2022 highlights their vital role in navigating challenges, emphasizing their importance in economic growth, climate action, and technology. A 14% growth in CCAB membership signals continued demand for their expertise.
30. 01. 2024

Navigating the Tax Maze: Your Guide to the January 31st Deadline

Explore the significance of meeting the January 31st tax filing deadline in the UK. Understand the penalties for late submissions, get tips for a smooth process, and prioritise compliance for financial stability.
29. 01. 2024

Unleashing Your Potential: A Strategic Guide to Creating a Searchable CV for Recruitment Companies

Create a standout CV by strategically placing industry-specific keywords, tailoring it to job descriptions, and quantifying achievements. Leverage online platforms, optimise contact info, and regularly update for continuous relevance, transforming your CV into a powerful tool for exciting career prospects.
25. 01. 2024

Unleashing Success: The Key to Training a New Employee

Training a new employee is a strategic investment in future success. This article emphasises personalised onboarding, clear communication, structured training, mentorship, continuous learning, feedback, and a positive work environment for enduring professional success.
24. 01. 2024

Mastering the Art of CV Crafting: A Comprehensive Guide

Create a compelling CV by emphasising a captivating personal statement, tailored applications, achievement focus, skill highlighting, clear experience presentation, detailed education, impactful action verbs, concise yet informative content, and a personal touch.
24. 01. 2024

Payrolling of benefits is to become mandatory

From April 2026, UK employers must payroll benefits and expenses, aligning with the government's tax administration modernisation. The move follows the elimination of paper P11D submissions in April 2023. Employers face a choice between legacy P11D submissions and payrolling, with challenges for specific benefits. The Chartered Institute of Payroll Professionals collaborates with HMRC to facilitate a smooth transition without public consultation, offering guidance for organisations adapting to payrolling benefits.