Heather scores opening try for Harlequin Ladies at The Game Changer

Posted on: 04 April 2019

We are very proud of our Graduate Accountant Heather Cowell; Heather joined us in September last year with her motto “do more with your day”.  Not only is she working extremely hard for her Isosceles clients and studying for her accountancy exams, but she also plays rugby for Harlequins Ladies (she is currently the 2nd top try scorer in the Tyrells Premier 15s) and is an active supporter of women … Continue reading

Payroll changes coming up for 2019-20

Posted on: 02 April 2019

The new payroll year starts on 6 April 2019. To help keep employers on top of statutory changes that will apply from then, we’ve pulled together a summary of the key things to be aware of. Changes to detail that must be shown on a payslip For pay periods starting on or after 6 April, payslips must show the number of hours worked where the hours worked affects the amount … Continue reading

How to survive HR due diligence

Posted on: 19 March 2019

It may sound crazy, but the ideal time to prepare for an exit is at start-up.  The documentation required in a data room during an M&A transaction can be overwhelming and will certainly be time-consuming. Information on the obligations the company has to, and from, its people will be of fundamental interest to a prospective buyer, and if your record keeping is not up to par, it will be difficult, … Continue reading

Isosceles grows global EPM provider to a successful exit

Posted on: 11 March 2019

A case study on how Isosceles supported insightsoftware.com from infancy, through maturity to a successful exit to TA Associates; here’s how we helped them grow and achieve a premium valuation. Isosceles’ Role insightsoftware.com has been a client of Isosceles for 18 years; it has grown from a business employing a handful of people in Ealing, South West London with a turnover of less than $2M to an international corporation, generating … Continue reading

Making Tax Digital deadline; are you ready?

Posted on: 07 March 2019

Making Tax Digital (MTD) is a huge change in the way businesses (and individuals) report tax and is still a source of concern for many businesses. MTD is a government initiative aimed at simplifying the way businesses report their income, expenditure and taxes; making it easier for businesses to get their tax right and keep on top of their affairs. After April 2019 you’ll no longer be able to submit … Continue reading

Employing staff in the UK? A guide for overseas companies

Posted on: 20 February 2019

(Updated 19 February 2019) If you’re an overseas business looking to build a presence in the UK, or a start-up about to hire your first employee, it’s worth taking a bit of time now to understand the legal framework that will apply when employing staff in the UK. While we can’t detail all employment law in one article, we can give you an overview of key areas. First of all, the … Continue reading

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: Minimum Pension Contributions Effective 6th April 2019 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 … Continue reading