EMI Schemes and Qualification for Entrepreneurs’ Relief

Posted on: 03 February 2019

(Updated 4th February 2019) Where shares are acquired under an EMI scheme; it is not necessary to own 5% of the shares in a company in order to qualify for Entrepreneurs’ Relief.  This means any uplift in value will be taxed at 10% rather than 20% (or 10% for basic rate taxpayers) from 6 April 2016. Attracting, recruiting and retaining employees through an EMI scheme An EMI scheme is a … Continue reading

Isosceles invests in its business intelligence dashboard

Posted on: 31 January 2019

Over the last 12/18 months, Isosceles has been delivering increasing value to our clients through the use of PowerBI and other interactive data visualisation tools, such as Tableau and Qlick.  Insights that were once only available to large companies with deep pockets are now available to medium and smaller businesses too. We are committed to developing our business intelligence dashboard further for our clients and investing in the Isosceles technology … Continue reading

Start-up FD: Who are they and how are they different?

Posted on: 17 January 2019

There is no getting away from it; a full-time finance director is a prohibitively expensive resource for most early-stage technology businesses. So frequently in the early days, the Founder handles the strategic financial challenges, and a financial controller or finance manager (or indeed office manager) keeps Companies House and HMRC happy as well as getting the invoices issued and the bills paid.  Nevertheless, the business will eventually outgrow these accounting … Continue reading

Minimum Pension Contributions will increase in April 2019

Posted on: 10 January 2019

Employers who have eligible workers in an automatic enrolment pension scheme should be aware that minimum pension contributions increase in April 2019. The minimum contributions payable, and the relevant dates are shown in the table below: Key points to note Employers can choose to pay more than the legal minimum pension contributions, which could be used to reduce the amount workers contribute, but can’t pay less. The type of tax … Continue reading

What’s it like as a Graduate Accountant in Outsourced Accounting?

Posted on: 03 January 2019

I’ve been working at Isosceles as a Graduate Accountant for just over three months now, which is hard to believe as I’ve been welcomed into the team so well that I feel like I’ve been here much longer! I was a little nervous before I joined as my degree was nothing to do with accountancy, I studied International Development with Quantitative Research Methods (I know it’s a mouthful!) at Leeds … Continue reading

Preparing for 2019; employment law changes

Posted on: 20 December 2018

While the outcomes and implications of Brexit discussions continue to be hotly debated, there are some employment law changes coming into effect in 2019 and beyond that employers should be aware of: Statutory Pay Rates Increases to national minimum wage rates: effective 1st April 2019 The national living wage increases to £8.21 per hour. The national minimum wage for workers aged 21-24 increases to £7.70. For those aged 18-20 the … Continue reading

HR GDPR, where should you be six months on?

Posted on: 29 November 2018

The need to protect personal data impacts on HR activities daily; from recruitment and performance management to pay and benefits and the need to know next of kin. While it’s important that employers have a good grasp of data protection principles, the real challenge with HR GDPR will be in making sure that acting on those principles is ‘business as usual’. HR GDPR steps that should have been completed by … Continue reading

Isosceles’ New High Tech HQ Officially Opened

Posted on: 27 September 2018

  We were delighted to welcome the Rt Hon Philip Hammond, Chancellor of the Exchequer and Conservative Member of Parliament for Runnymede and Weybridge to perform the opening ceremony of Isosceles’ new high tech HQ One, High Street, Egham.     Mike O’Connell, CEO and Founder of Isosceles commented, “It was a great evening with lots of laughter. Very special to be able to share the occasion with our Isosceles … Continue reading

DEAL ALERT Isosceles Cyber Security Client CNS Group Acquired

Posted on: 23 August 2018

We are delighted to announce that our client CNS Group, award-winning cyber security services and consultancy business have been acquired by Six Degrees, a leading cloud-led managed service provider. The acquisition adds the 50-strong CNS Group team and over £7 million of annual revenue to the Six Degrees business together with a market-leading portfolio of security consultancy, compliance, and managed security services. Isosceles has provided outsourced accounting, HR, CFO and due … Continue reading

Need Help Managing Cash Flow? Why Use Invoice Financing

Posted on: 20 August 2018

Managing Cash flow is often easier said than done Managing cash flow during the early-revenue generating years is often easier said than done, and poor cash flow management can quickly bring a business to its knees – even a profitable one! Increasingly our clients are utilising invoice financing to provide regular cash injections, which balances their cash flow and enables them to continue to expand and grow.  While there are many … Continue reading