Salary vs Dividends: Optimising Profit Extraction for 2025/26

For limited company directors, the strategy of balancing salary and dividends remains crucial for tax-efficient profit extraction. Recent changes announced in the Autumn Budget, particularly regarding employers’ national insurance rates and employment allowance, have added new considerations to this decision-making process. Understanding Salary Benefits and Drawbacks Advantages of Salary Payments A salary provides a straightforward […]

Christmas Hustle: Getting ahead of the deadline

Recent data from HM Revenue and Customs (HMRC) reveals an interesting trend in tax filing behaviour: 4,409 individuals completed their 2023-2024 tax returns on Christmas Day itself, well ahead of the January 31st deadline. The broader holiday period saw an impressive total of 40,072 taxpayers submitting their returns, demonstrating that financial responsibilities remain a priority […]

Understanding the New UK Company Size Thresholds for 2025/26

Significant changes are coming to UK company reporting requirements following the publication of The Companies (Accounts and Reports) (Amendment and Transitional Provision) Regulations 2024. These changes, effective for financial years beginning on or after 6 April 2025, bring important updates to company size thresholds and reporting obligations. Key Changes to Size Thresholds The new regulations […]

Guidance on PAYE Reporting for Early Christmas Payments

Since 2019, there has been a permanent easement for reporting PAYE information in real time. This is where employees receive their pay earlier than usual at Christmas.  Reporting the Contractual Pay Date Where an employer closes on the usual (contractual) payday, such as at Christmas or on bank holidays, HMRC advises to report the contractual […]

NRB Christmas Payroll Schedule

We would like to inform all our valued clients that the payroll office will be closed for the festive period. We close on Monday, 23rd December 2024, and will reopen on Thursday, 2nd January 2025. During this time, our team will not be available to process payroll or handle any queries. Please take note of […]

Key Changes to Employers’ National Insurance

Chancellor Rachel Reeves’ Autumn Budget has introduced several notable changes to Employers’ National Insurance (NI) rates and thresholds, which will impact payroll costs for many UK businesses. Key Changes to Employers’ NI Effective from 1 April 2025, the Employers’ National Insurance rate will increase from 13.8% to 15%. Alongside this, the threshold at which employers […]

Payrolling of Benefits in Kind – Mandatory from 6 April 2026

Are you aware that from 6 April 2026, employee Benefits in Kind (BIK) will have to go through your payroll? What does it mean for you? The formal payrolling of benefits allows employers to subject the taxable value of the BIK to tax via the payroll during the tax year. This can include benefits such […]

Understanding KPIs: Your Business’s Secret Weapon for Success

Are you steering your business based on instinct alone? While entrepreneurial intuition is valuable, relying solely on gut feelings might mean missing crucial opportunities for growth and improvement. Enter Key Performance Indicators (KPIs) – your compass for navigating the complex world of business management. KPIs are quantifiable measurements that reveal how well your business is […]

Don’t Miss Out: Claim Your Child Benefit Now!

New parents, take note! With September 26th being the most popular birth date in the UK, HM Revenue and Customs (HMRC) is urging all new parents to claim their Child Benefit. The process is quick, easy, and can be completed online, with the first payment potentially arriving within a week of your claim. Why Child […]

Guidelines for Compliance — Assistance with VAT Compliance Controls

HMRC has recently released its ‘Guidelines for Compliance — Assistance with VAT Compliance Controls’. These guidelines are offering businesses valuable advice on maintaining robust VAT processes. Purpose of Guidelines These guidelines are specifically tailored for UK businesses that are registered for VAT and operate under the invoice accounting system. Under this system, VAT is generally […]

Integrity

Integrity is at the forefront of everything we do as we apply the strongest ethical and moral rigour across how we work and assist our clients.

At NR Barton we understand the importance of trust and through our integrity we make sure this underpins absolutely everything we do.

We like to do the best for our clients and this isn’t always easy. We aren’t afraid to use our integrity to confront difficult situations. We firmly believe that acting with our utmost integrity those difficult conversations will help to build our trust with our clients. Sometimes the difficult option is the best.

It is also our integrity that has helped us to build a strong local relationship in our market place and the thrive as a business for the last seventy years.

We’re here for the long term and our integrity will help us to achieve that.