Insights
Spring Budget: Cautious Optimism But Little Boost for Businesses
By Angela Keery, Head of Tax The Spring Budget came and went yesterday with limited changes for business and personal finances. Amid headlines of extended energy support measures and childcare support for families, the main takeaways for business owners will be...
National Minimum Wage and National Living Wage
The rates for the National Living Wage (for those aged 23 and over) and the National Minimum Wage (for those of at least school leaving age) will increase on 1 April. The new rates are: 23 and over 21 to 22 18 to 20 Under 18 Apprentice April 2022 (current rate) £9.50...
Apprenticeship Week 2023: Former Apprentice Matthew Stubbs sets his sights on CAI Qualification
Last up in our celebration of Apprenticeship Week 2023, we are pleased to hear from Matthew Stubbs, a 2018 Apprentice who passed his Accounting Technicians Ireland (ATI) exams in 2020 and is now well on his way to qualifying with Chartered Accountants Ireland. For...
Apprenticeship Week 2023: From Music to Accounting for Apprentice Conal Moore
Conal Moore is another of our current Higher Level Apprentices in the Business Services Team. A former Music, Sound & Technology undergraduate student, he joins Justin on the Accounting Technicians Ireland (ATI) course at Belfast Met. Currently in year one of the...
Apprenticeship Week 2023: Success for Baker Tilly Mooney Moore’s First Apprentice
As we celebrate Apprenticeship Week, we are delighted to catch up with Adrien Pelan, our first ever employee to complete the Belfast Met Higher Level Apprenticeship Scheme. Adrien graduated from the scheme in the summer of 2019 and has continued her career in Business...
Apprenticeship Week 2023: Justin Burns Discusses the Balance of Work & Study
This Apprenticeship Week, we’re catching up with our Higher Level Apprentices past and present to hear about their time so far at Baker Tilly Mooney Moore, and the balance of learning while they work. First up is Justin Burns from the Business Services department, who...
Business Pragmatism Can Withstand the Challenges of 2023
By Stephen McConnell, Business Services Partner at Baker Tilly Mooney Moore We ended 2022 much like the previous two years, with a bleak economic outlook and hopes that the busy Christmas period will be enough to see businesses through even the beginning of 2023....
What’s On The Horizon For 2023?
2023 begins with a bleak economic outlook after the UK entered an official recession in the third quarter of last year. Though the decline is expected to be shallow, latest estimates show that it will continue for much of the year. It is to this backdrop that...
Not your typical recession as talent squeeze set to continue
By Donal Laverty, Consulting Partner There is no escaping the recession we are slipping into. The UK economy will shrink by 1.4% in 2023 and unemployment will jump to 4.9%. Yet simultaneously, businesses are aggressively recruiting to fill vacancies and almost three...
New VAT Penalty Regime Starts from 1 January
HMRC is introducing a new VAT penalty regime from 1 January 2023, replacing the current default surcharge with a fixed rate, points based system for late VAT submissions and payments. The changes will affect businesses submitting VAT returns for accounting periods...
The Autumn Statement: Reaction
Reacting to the Chancellor’s Autumn Statement on 17th November, Head of Tax Angela Keery said: "The Autumn Statement delivered today is confirmation of the bleak outlook we face both in terms of business finances and our personal, take-home pay packets. Individuals...
Anyone Ready for a Christmas Party?
It’s been another busy year for us all. From the after-effects of the pandemic to increasing costs and inflation, few will have escaped the challenges of 2022. Yet an important part of the business calendar is the Christmas party, which is a welcome opportunity to...
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