Nuvo

It has FINALLY happened! We've been waiting to release some BIG news 👇 Nuvo has OFFICIALLY partnered with the Derby County Community Trust as our preferred charity partner. We're proud to offer our staff #paidtimeoff for #charitywork. Ensuring we make a REAL difference. Whether through volunteer work, charity runs, or large-scale global missions. We will make a real difference, one act of kindness at a time. This partnership brings us a step closer to fostering a culture of giving back, not only in our community in Derby. But as a nationwide accountancy firm, allowing us to inspire over #160 Nuvo team members from Aberdeen to Surrey to engage in MEANINGFUL local initiatives. A huge thanks to Pete Collins and his team at Derby County Community Trust for making this partnership possible. Their support enables us to build a collective passion to build stronger, healthier communities, up and down the country!

We have the pleasure of announcing that our December Employee of the Month is Sean Hagues.   Sean always makes you feel welcome, being ever helpful and easy to work with, he is happy to step up for the tax department as a whole and makes sure nothing is missed, he sticks to what he says and when committed to an action he sees it through 🙌   Thank you Sean Hagues

Nuvo's Christmas Fuddle! 🎄 Absolutely thrilled to see our team come together for our annual Christmas celebration! Thanks to everyone who brought in their own food and snacks, including some homemade sweet treats. It was a fantastic display of our team’s spirit and what it's like here at Nuvo! In the world of accountancy, where things can often be seen as 'boring' or 'dull' moments like these truly highlight what makes our team special. It's the team spirit, the care for each other, and the fun our team shares together. When our team enjoys themselves at work, it fosters a positive attitude to their work. Leading to a greater dedication to their work and driving outstanding results for our clients. A huge thank you to everyone for making this event such a success. Onto the New Year and reaching new heights in 2025. Merry Christmas everybody! 🎅

Employing members of family, COULD save you on University fees Here's how. ✅ If the course is closely related to the company’s industry, the costs may be allowable. ❌ If not directly relevant, it likely won’t qualify for tax relief. Don't want to learn more for free? Don't bother following us. #FamilyBusiness #TaxTips #FinancialPlanning #EducationSupport #BusinessTax

Good Afternoon All,   I have the pleasure of announcing that Nuvo’s employee of the month for November is Matthew Moult MAAT!   Matt is a pleasure to have around the Mansfield office and wider team, he is always happy to help whenever he can and always has a smile on his face. Thank you, Matt!

If you're thinking of getting a Double Cab Pickup to SAVE tax You may have to do more research as the rules are changing. Here's what you need to know 👇 Double Cab Pickups ✅ Vehicles acquired before 1st April 2025: Tax treatment stays the same, whether new or old. ❗ Vehicles acquired after 1st April 1st 2025: New rules apply, regardless of whether the vehicle is brand new or second hand.

Inheritance tax can DESTROY your generational wealth. Here's how the percentage rates work so you can be PREPARED. 👇 Inheritance Tax is typically charged at 40%, but there are exceptions: 20% can apply if you pass assets through trusts or certain exemptions. - New Agricultural Property Relief and Business Property Relief (starting April 2026) will introduce a 20% rate for assets above the £1 million IHT-free threshold. This means a 50% tax relief on qualifying assets, effectively reducing the rate to 20%. Don't want FREE advice? Don't bother following us. #IHT #InheritanceTax #EstatePlanning #TaxRelief #FinancialPlanning #TaxAdvice

Business owners should ALWAYS be EXIT ready . Right now is the BEST example of WHY it's so important. 👇 If you sell before the end of March 2025, you’ll pay a 10% tax. If you wait 13 months longer, the tax rate increases by 80%! You need to always be ready. Those who won't will be losing out massively. Don't want free advice? Don't bother following us. #BusinessSale #TaxPlanning #CapitalGains #ExitStrategy #Entrepreneurship

Can your company pay for your private school fees? Here's what we find out during our last webinar. 👇 If a business covers private school fees, as it is a Benefit in Kind. 👉 Make sure the school invoices the company directly, or NIC (National Insurance Contributions) will probably apply! Don't want free advice? Don't follow us then.

Why National Insurance increase will still MASSIVELY effect employees too Here's what is really happening. 👇 NI is staying the same for self-employed workers and employees HOWEVER. Employers are seeing a rise in the NI contributions they pay for their staff. Which could lead to pay rises being cut and costs going up as well to adjust for this. Don't want to get free tax and finance advice? Don't bother following then. Or should you? 🧐 #NationalInsurance #SelfEmployed #TaxNews #FinancialTips #BusinessFinance