12 Oct

The best way to predict the future is to create it!

Planning ahead is the single most important exercise any business owner can do. If you have a vision of what you want your business to look like when it is “complete” then you are in a position to drive your business towards the vision and you can monitor how you are doing as you go along. If you do not have a plan, then you could get blown around like “flotsam in the sea”, without any control.

12 Oct

Check which expenses are taxable if your employee works from home due to coronavirus

The HMRC guidance has been recently updated to reflect the fact that employees can no longer be furloughed using the Coronavirus Job Retention Scheme. The scheme ended on 30 September 2021.

12 Oct

Kickstart Scheme

The Kickstart Scheme provides funding to employers to create jobs for 16 to 24 year olds on Universal Credit who are at risk of long term unemployment.

12 Oct

New Directors' Disqualification Regime to Directors of Dissolved Companies

The Ratings (Coronavirus) and Directors Disqualification (Dissolved Companies) Bill, currently going through Parliament, contains implications for directors of dissolved companies.

30 Sep

1.25% INCREASE IN NICs AND TAX ON DIVIDENDS – Planning before the new rates commence

The Prime Minister announced on 7th September that the government will introduce a new 1.25% Levy to provide an extra £12 bn a year to support the NHS and social care.

14 Sep

Proposed NIC and Dividend Tax Rates

It is proposed that there will be a 1.25% rise in National Insurance Contributions (NICs) from April 2022 paid by both employers and workers and will then become a separate tax on earned income from 2023 - calculated in the same way as NIC and appearing on an employee's payslip.

18 Jan

Making Tax Digital (MTD) for VAT

From the 1 April 2022, MTD for VAT will apply to all VAT registered businesses regardless of the level of turnover. The first VAT period to which MTD applies to all VAT registered businesses (who are not already doing so) will be the one commencing on or after 1 April 2022.

18 Jan

Making Tax Digital (MTD) for Income Tax

Self-employed businesses and landlords with annual business or property income above £10,000 will need to follow the rules for MTD for Income Tax from their next accounting period starting on or after 6 April 2023.

Hot Topic

28 Sep

What will the 2021 Autumn Budget have in store?

A review of what the Chancellor may have in store.

24 Aug

The path to net zero

A review of what businesses could be doing.

29 Jul

Turnover tests and reasonable belief - applying for the fifth SEISS grant

The fifth instalment of the grant opened for applications in late July

22 Jun

Staying safe from scams

It is vital that businesses and individuals are on guard against potential scams.

25 May

Upskilling to level up

We consider some of the solutions being proposed.

26 Apr

Making use of the super-deduction

Reviewing the new tax break for companies.

23 Mar

Creating green growth

Reviewing the push towards a greener economy.

10 Mar

How does the 2021 Budget benefit you?

A review of measures announced.

23 Feb

What will the Budget bring?

Considering the issues that may be covered in the upcoming 2021 Budget.

26 Jan

Making the most of R&D

Considering how SMEs can maximise any R&D tax relief available to them.

15 Dec

Trading changes following Brexit

Outlining the changes that took effect from 1 January 2021.

24 Nov

Is it time to re-evaluate business rates?

Looking at how business rates can be reformed and re-evaluated.

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