Insights

A Low Key Spring Statement as Reeves Seeks Stability

A Low Key Spring Statement as Reeves Seeks Stability

By Neil Armstrong, Tax Director Chancellor of the Exchequer Rachel Reeves MP has previously indicated that she would only make major changes once a year “to give families and businesses stability and certainty”. Given the significant policies last year coming into...

Changes to Company Size Thresholds

Changes to Company Size Thresholds

Changes to company size thresholds will become effective for periods commencing on or after 6 April 2025.   By increasing the number of companies that qualify for simpler financial reporting, it is intended that the burden should be reduced for smaller businesses. The...

National Minimum Wage and National Living Wage

National Minimum Wage and National Living Wage

The rates for the National Living Wage (for those aged 21 and over) and the National Minimum Wage (for those of at least school leaving age) will increase on 1 April. The new rates are: 21 and over 18 to 20 Under 18 Apprentice April 2024 (current rate) £11.44 £8.60...

Guiding Employers Through the Redundancy Process

Guiding Employers Through the Redundancy Process

Upcoming increases in employer's National Insurance Contributions and the National Minimum Wage from April are adding significant employment costs to organisations across all sectors. In response to these higher costs, employers planning to reduce staff levels in the...

Celebrating Apprenticeship Week: Niall Brolly

Celebrating Apprenticeship Week: Niall Brolly

As we continue to celebrate Apprenticeship Week here at Baker Tilly Mooney Moore, we are joined today by Niall Brolly. Like his colleague Patrick McGeary, Niall joined the firm directly from school and is in the first year of his apprenticeship, spending one day a...

Celebrating Apprenticeship Week: Patrick McGeary

Celebrating Apprenticeship Week: Patrick McGeary

At Baker Tilly Mooney Moore, we are celebrating Apprenticeship Week by shining a light on our own apprentices. Joining us today is Patrick McGeary, who joined the firm directly from school and is in the first year of his apprenticeship, spending one day a week at...

Is Every Day Groundhog Day?

Is Every Day Groundhog Day?

The 2nd February sees the day celebrated as Groundhog Day, where Bill Murray, in the American film relives the same day over and over as weatherman Phil Connors. Employees may be able to relate to the movie, where each day can have a feeling of déjà vu. Clock in, pour...

Looking Ahead to 2025

Looking Ahead to 2025

The coming of the new year is the perfect time to take a breath, reassess your finances and begin to plan for both the calendar year and the coming end of the financial years. Following years of political and economic instability, some stability has returned to the...

Is 2025 Going to See a Full-Time Return to the Office?

Is 2025 Going to See a Full-Time Return to the Office?

There is momentum gathering for a return to the office five days a week, particularly amongst larger organisations who are moving away from offering a fully remote option. Well known companies including Amazon, Santander and Dell amongst others have made a return to...

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