The team at GLX would like to congratulate Matt for passing his first ACA exam!
A round of applause is due for achieving a remarkable 72% in his first ACA exam on assurance.
This accomplishment is a testament to Matt’s determination to excel in his career, and proof that all of his hard work is paying off.
As Matt continues his journey towards becoming a chartered accountant, this achievement sets a strong foundation for his future successes.
We’re very proud of Matt’s accomplishment and look forward to witnessing his continued growth and achievements here at GLX.
Congratulations Matt on this well-deserved milestone!
There have been some positive changes to Paternity Leave and Pay in the UK offering more flexibility for fathers and partners.
The changes will allow parents to split leave, there are reduced notice requirements and also support for early births.
Employers will have transitional guidance and can claim repayment for leave taken before April 6th 2024, when the new law came into effect.
These changes will help to promote a better work-life balance and create a more supportive workplace culture for all.
If you have any queries, please do reach out to the team here at GLX, who will be happy to help.
This week two members of the GLX team, Helen Hunt and Abigael Taylor attended a two-day training course to qualify as certified Mental Health First Aiders (MHFAiders®️).
They’ve dedicated their time to gain an understanding of common mental health issues and gain the knowledge and confidence to advocate for mental health awareness and support positive wellbeing in the workplace.
Mental health awareness and support is important to us and having certified mental health first aiders on our team enables us to provide holistic support to our colleagues, as required.
We’re really grateful to Helen and Abigael for dedicating their time and developing these skills to provide additional support to the team.
This knowledge and training is so valuable to ensuring a safe and supportive environment for all our staff; something that means a lot to us here at GLX.
This month, millions of workers will take home more pay due to a reduction in the national insurance rate.
As announced by the chancellor, Jeremy Hunt, in November 2023, the main National Insurance rate for employees was reduced from 12% to 10% on 6 January 2024.
As an example:
On a salary of £30,000 an employee’s NIC per month was £174.30 at the original 12%, however from 6th January 2024 the new amount of £145.25 will be payable, saving £29.05 per month or £348.60 per year.
The self-employed will receive their reductions from April 2024 and we’ll be sharing more detail on this nearer the time.
In the meantime, you can read the full details on the Government website:
We’re proud to see our GLX logo being worn on the new team shirts for the under 11’s ‘Basketball in the Community’ team.
BBITC are a club based in Norwich, Norfolk, delivering basketball to over 200 members a week from ages 6 to 60+, with over 12 teams that take part in a range of competitions.
Their main aim is to increase the provision and participation of youth and adult basketball throughout the county, encouraging people to reach their own ‘next level’ and fulfil their potential.
What a fantastic ethos and a great partnership for us here at GLX.
HMRC’s Working Time Regulations were introduced on 1st January 2024, and as promised, the GLX payroll team are pleased to share these details with you.
The main aim of these changes is to simplify holiday entitlement and holiday pay calculations.
They will be particularly relevant for companies with zero/variable hour employees or part-year workers, such as term-time only workers.
It’s important to note that the reinstated 12.07% holiday calculation (based on 28 days of holiday) and rolled-up holiday calculations can only be used for holiday years that start after 1st April 2024.
If your holiday year began on 1st January 2024, you’ll need to wait until January 2025 to implement and continue using your current method.
For full information, you can visit the following link:
If you would like to discuss this further, please don’t hesitate to get in touch.
We would like to congratulate Steven Hemp on passing his advanced ACA exams on Friday!
Steve joined GLX in 2022 and works with a variety of our clients across a range of different industries.
Steve has developed a wide range of skills and regularly prepares statutory accounts, corporation tax returns, self-assessment tax returns and VAT Returns.
Steve also prepares a number of management accounts for clients and splits his time between working directly at the client’s premises and within the office.
Passing these advanced exams is an incredible achievement as it is no small feat, so a big congratulations to Steve on this achievement, from the entire GLX team.
We’re pleased to share that Helen Hunt has been promoted to the position of Manager.
Becoming a manager is a significant accomplishment that reflects Helen’s hard work, dedication and leadership skills.
Alongside her role managing a client portfolio within GLX, Helen will be actively involved in staff management and development as well as internal process improvement and business development.
This promotion highlights our commitment to staff progression and rewards Helen’s exceptional effort within GLX.Congratulations Helen!