News & Events
Cultivating Success
Payroll
Payroll: Behind the scenes
5th September 2023
A day in the life of a payroll manager This week is National Payroll Week – a week that focuses on raising awareness of payroll and the impact payroll has on the UK economy. This year the spotlight is on...
Pensions
Navigating the defined benefit pension scheme buy-out landscape: Is a capacity crunch imminent?
30th August 2023
In the ever-evolving landscape of defined benefit (DB) pension schemes in the UK, trustees hold a pivotal role in safeguarding the financial security of their members. Recently, a question has emerged within the DB pension scheme arena: Is a capacity...
Pensions
Virgin Media case could have implications for defined benefit pension schemes
28th July 2023
Virgin Media's legal case against NTL Pension Trustees II Limited has raised concerns for defined benefit schemes, and it could have significant financial consequences. Here, Rowleys Head of Pensions, Matt Hutchinson, explains more about the case and the possible implications....
Payroll
An employer’s guide to calculating National Minimum Wage
21st July 2023
As an employer in the United Kingdom, it is essential to comply with the regulations surrounding the National Minimum Wage (NMW). Failure to do so can lead to serious consequences, including legal penalties and damage to your reputation. To avoid...
Tax
Forthcoming changes to Self-Assessment tax returns
12th July 2023
HMRC has recently announced a significant change to the requirements for filing Self-Assessment tax returns. Although not widely publicised, starting from the 2023/24 tax year, the income threshold at which a tax return is mandatory has been raised from £100,000...
Payroll
Paycircle: three months on
7th July 2023
Earlier this year, Rowleys made the decision to switch payroll software providers. We decided that investing in new, enhanced software would allow us to provide a better level of service and reporting for our clients. Here, Payroll Manager, Rebecca Gotch,...
General & People
Life at Rowleys – Rebecca Gotch
19th June 2023
Rebecca Gotch is a Payroll Manager at Rowleys. She joined Rowleys in 2015 and manages a large number of payrolls for companies of all sizes, with a wide variety of requirements and complexities. Here, Rebecca shares more about life at...
Tax
Rising inheritance tax liabilities: Steps to take to minimise the burden
16th June 2023
Recent research conducted by interactive investor revealed that the UK's average Inheritance Tax (IHT) liability has surged to £62,000, placing an additional burden on families. This alarming figure highlights the need for individuals to explore effective strategies to minimise their...
Pensions
Safeguarding retirement: The Pension Protection Fund
14th June 2023
As individuals approach retirement, the security of their pension becomes a crucial concern. The Pension Protection Fund (PPF) plays a vital role in safeguarding the interests of pension scheme members. Rowleys Head of Pensions, Matt Hutchinson, shares more about the...
Tax
HMRC self-assessment helpline closed for the summer
12th June 2023
On Friday 9th June HMRC announced that their self-assessment helpline will be closed between 12th June and 4th September. Rowleys Tax Partner, Mark Hook, explains more about the announcement and where to seek help regarding tax queries and issues during...
Payroll
An employer’s guide to redundancy pay
7th June 2023
If you are an employer and are considering making employees redundant, it’s vital that you are aware of your legal obligations regarding redundancy pay. In this article, Rowleys Head of Payroll, Rebecca Gotch, shares more about redundancy pay obligations for...
Payroll
Switching payroll providers: tips for a seamless switch
18th May 2023
When it comes to payroll, businesses need to ensure that their employees are paid accurately and on time. This can be a time-consuming and complicated process that requires specialist knowledge and software. That's why many businesses outsource their payroll to...
General & People
Life at Rowley’s – Hollie Harvey-Rowley
16th May 2023
Hollie Harvey-Rowley is an Audit & Accounts Trainee at Rowleys. Here Hollie shares more about her role and life at Rowleys. Tell us more about your current role at Rowleys In my current role, I get hands-on experience in audit...
Medical
Rowleys joins AISMA
3rd May 2023
Rowleys has become a member of the Association of Independent Specialist Medical Accountants (AISMA). This prestigious membership demonstrates the firm's ongoing commitment to providing exceptional financial support to medical professionals. AISMA is a network of chartered accountancy firms that specialise...
Not For Profit
Charity Commission announces changes to annual return process
19th April 2023
The Charity Commission recently announced changes to the annual return process for charities. These changes aim to make the reporting process more efficient and accessible for charities, while also providing greater transparency to the public about how charities operate. Rowleys...
Pensions
Defined benefit pension schemes in decline
5th April 2023
Defined benefit pensions have been a cornerstone of the UK retirement landscape for many decades. These types of pensions offer a guaranteed income for life, based on a formula that takes into account a worker's salary and years of service....
General & People
Rowleys appoints tax specialist
27th March 2023
Rowleys has appointed tax specialist Rebecca Scotton as Senior Tax Manager, bolstering its tax offering as part of the firm’s strategic growth plans. Rebecca joins Rowleys from a London-based firm where she worked as an International Tax Adviser, advising private...
Tax
Spring Budget 2023
16th March 2023
Chancellor Jeremy Hunt delivered a ‘Budget for Growth’ after the Office for Budget Responsibility forecast a stronger than expected performance from the UK economy this year with inflation continuing to fall. Driving business investment The Chancellor announced a £27 billion...
Tax
2022/23 Year End Tax Planning Guide
13th March 2023
With less than a month to go before the end of the tax year, now is a good time to review your finances and ensure you are taking maximum advantage of any available tax allowances and reliefs. From 6th April...
Pensions
Pension Scheme Buy-Ins and Buy-Outs: Understanding the basics
2nd March 2023
Pension scheme buy-ins and buy-outs are two options that are available to schemes looking to manage their pension liabilities. In today's ever-changing financial landscape, it's becoming increasingly important for organisations to understand these options and how they can impact their...
