GLX

Are you thinking about going electric with your next company car? A question we often get asked is 'what are the financial perks of switching to an EV?' Well, there are some solid reasons to consider it - especially when it comes to the tax benefits... 📌 Benefit-in-Kind (BiK) savings: If you're getting an EV through your company, the BiK rate is just 2% in 2024/25, which is far lower than traditional petrol or diesel cars. That's a big win for employees/company directors as the tax implication on them is minimal 📌 No road tax (until 2025): For now, EVs are exempt from road tax, so you won't have to factor that into your running costs. 📌 100% first-year capital allowance: Businesses can claim the full cost of an EV against their taxable profits in the first year. That’s a serious saving if you're looking to invest in a company vehicle. 📌 Cheaper running costs: Charging an EV is a lot cheaper than filling your tank, and they tend to have lower maintenance costs too. It’s a win-win for both you and the environment. So, if you've been thinking about making the switch, there are certainly lots of financial benefits. If you'd like to discuss this further, the team here at GLX are here to help. #accountancy #finance #financedirector #norfolkbusiness #advisory #businessfinance #norwichbusiness #electricvehicles #electric

One of the best ways to showcase our positive culture at GLX is through the long-standing commitment of our staff. To highlight some of the recent anniversaries... ⭐ Racheal Harbord has been with us for an incredible 21 years! ⭐ Jack Wenham ACCA has been with us 7 years ⭐ Duncan Smith MAAT has also devoted 7 years to our team When you value your employees, create a supportive work environment, and reward their hard work, you cultivate loyalty that speaks volumes. Congratulations to Racheal, Jack, and Duncan on these remarkable milestones. We are grateful for your dedication and contributions to our team. Here’s to many more years together! #accountancy #finance #financedirector #norfolkbusiness #advisory #businessfinance #norwichbusiness

Have you put together a financial budget for your business for 2025? Do you know what your goals for the upcoming year are and do you have any specific financial targets? What does success in your business look like to you? #financialplanning #businessgoals #accountancyadvice #accountancy #finance #financedirector #norfolkbusiness #advisory #businessfinance #norwichbusiness

We were honoured to participate in the ‘Meet the Finance Director’ event organised by Keeler Recruitment in Jarrolds on Wednesday evening. Jack Presland FCA our Managing Director, represented the Accountancy Practice sector, sharing valuable insights and addressing questions from aspiring accountants pursuing their AAT, ACCA, ICAEW, and CIMA qualifications. Jack shared his personal journey and discussed GLX's specialised outsourced finance director services. This event served as a platform to inspire future finance directors in their career paths and introduce them to GLX and the services we offer. Thank you to Mark Keeler and his team at Keeler Recruitment for this opportunity. #accountancy #education #norfolknetworking #networking #accountancy

We recently organised a bake sale in the office to raise funds for Macmillan Cancer Support an important cause that supports groundbreaking research and patient care. Our team came together to bake some delicious treats! Thank you to everyone that took part. #accountancy #advisory #finance #businessfinance #norfolkbusiness

What a fantastic team meal at The Wildebeest in Stoke Holy Cross! It was a great opportunity for our team to relax and connect outside of the usual work environment. Today is World Mental Health Day, and it’s a perfect reminder of how important it is to take breaks and enjoy time away from the desk with with our colleagues. We firmly believe in prioritising our team's wellbeing, understanding that strong relationships contribute significantly to a thriving workplace culture. By building these connections, we create an environment where everyone feels valued and supported. #worldmentalhealthday #accountancy #norfolkbusiness #finance #businessfinance #norwichaccountants

We have limited tickets still available for our "MEET THE FINANCE DIRECTOR" event! https://lnkd.in/eHu4PwK7 If you are studying towards an accountancy qualifications, AAT, ACCA, ACA or CIMA we invite you to a unique personal development event. We will be holding a panel “Meet the FDs” session on Wednesday 16th October with five Finance Directors and a Practice Partner from Norfolk’s top businesses to answer your career and development questions. Each of the professionals will inspire you with their story of their own journey through finance and provide top tips for fast career progression. It is a “do not miss” event for anyone in accountancy who wants to advance their career. The event is sponsored by Keeler Recruitment and will be chaired by top Business Leader Nigel Cushion. It will run from 6pm – 8pm, at The Exchange, Jarrold Norwich. https://lnkd.in/e_dKyZpz This private event is free to attend but you will need to book in advance. If you would like to book a place please make contact with Emma Lambert or Amelia Hacking at Keeler Recruitment. Bernard Matthews Pasta Foods Limited NerdWallet GLX bf1systems Ltd Tropic Amelia Hacking James Steel Riva Jervis Suzi Reilly Mark Keeler #norfolkbusiness #norfolkjobs #professionaldevelopment #accountancyandfinance #togetherweachievemore #acca #cima #aat #aca

HMRC has recently released a press release addressing common misconceptions about filing self-assessment returns before the 31st January 2025 deadline. Here are some myths they're busting: 📍 “HMRC hasn’t been in touch, so I don’t need to file a tax return.” Reality - It's your responsibility to determine if you need to file a return, even if HMRC hasn't contacted you. 📍 “I have to pay tax at the same time as filing my return.” Reality - You have until 31 January 2025 to pay any tax owed for the 2023-24 tax year. 📍 “I don’t owe any tax, so I don’t need to file a return.” Reality - You may still need to file for various reasons, like claiming tax refunds or relief on expenses. 📍 “HMRC will take me out of self-assessment if I no longer need to file a return.” Reality - Notify HMRC if your circumstances change to avoid penalties. 📍 “HMRC is cracking down on online sellers.” Reality - Selling personal items online doesn't necessarily require filing a self-assessment return. Remember, you must notify HMRC by 5th October 2024 if you need to submit a self-assessment tax return for the 2023-24 tax year. Be sure to stay informed and avoid any surprises. #accountancy #accountant #finance #norfolkbusiness #smallbusiness #payroll #personaltax #bookkeeping #VAT #inheritancetax #exitplanning #outsourcedfinancedirector #HMRC

We’re pleased to introduce Kenny, the latest addition to our growing team at GLX! Joining us as an Assistant Accountant, Kenny brings with him 7 years of expertise in property management accounting and assurance services. Kenny has ambitions of pursuing formal accountancy exams - a clear sign of his commitment to professional growth. We're thrilled to have him on board and can’t wait to see how he will contribute and evolve within our team! ……………………………………… We're currently looking to expand our team further and are recruiting for a number of vacancies. Head to our careers page to find out more: https://lnkd.in/eeDVffxb #norfolkbusiness #accountantnorwich #accountancy #finance #businessgrowth

Our GLX branded football kits have arrived! We're honoured and excited to be a part of the very first Norwich Professional’s Football League (NPFL) and couldn’t resist having our own custom kits made. Over the next 6 months, we'll compete against 8 other local businesses in a bid to take home the very first NPFL Champion title, with almost £500 of raised funds going to the winner’s charity of choice. Can captain Will Moy lead us to victory? Thanks as always to Milan Pandit for putting the league together, and Grant Miles for arranging our kits. In the meantime, if any local businesses fancy a friendly kick-around, we’re game! #accountancy #accountant #finance #norfolkbusiness #GLX