Blog

Want to start your own business?

One of the consequences of recession, such as the present downturn in activity caused by the Coronavirus outbreak, is the ...
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Lockdown – be ready for the unexpected

One of the more insidious effects of the coronavirus outbreak is its unpredictability. Businesses need to plan. To achieve this ...
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HMRC credit card fees

New credit card fees for paying HMRC are to be introduced from 1 November 2020. These changes will mean that ...
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Why make voluntary NIC contributions

In many circumstances it can be beneficial for taxpayers to make voluntary Class 2 National Insurance Contributions (NICs) to increase ...
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Reminder of who can claim SEISS

The Self-Employment Income Support Scheme (SEISS) was extended for a second and final three-month period from 1 June to 31 ...
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Calculating Adjusted Net Income

Calculating the adjusted net income amount is necessary if any of the following apply: A taxpayer is liable to an ...
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Reporting gains on residential property

The Capital Gains Tax (CGT) reporting and payment date for UK residents that sell certain residential property changed from 6 ...
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Tax consequences if income exceeds £100,000

If your income is expected to exceed £100,000 for the first time, we would like to remind you of the ...
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Why use the VAT Cash Accounting Scheme

Under standard VAT accounting, you pay VAT on your sales regardless of whether your customer has paid you. Under the ...
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Tax and company cars

Most employers and employees are aware of the additional costs of providing company cars and the tax implications they create ...
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More support for film and other creative industries

A new £500 million scheme to kickstart film and television production struggling to secure insurance for COVID-related costs has been ...
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Intellectual Property Office service update

The Intellectual Property Office (IPO) has ended its 'interrupted days' provisions and is now working to its usual deadlines. The ...
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State Aid rules relaxed for CBILS loans

The government has announced that more small businesses will benefit from the Coronavirus Business Interruption Loan Scheme (CBILS). Under the ...
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Government u-turn on lockdown changes

Lockdown changes - in England - that were due to come into effect on 1 August 2020, have been delayed ...
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Renewing your MOT

Vehicle owners with a MOT expiry date between 30 March 2020 and 31 July 2020 were given a 6 month ...
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Advice for early years sector

The Competition and Markets Authority (CMA) launched a COVID-19 taskforce back in March 2020 to identify any commercial practices that ...
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£20m in new grants for small businesses

£20 million worth of new government grants have been released to help small and medium sized businesses across England recover ...
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£50m extra funding for Customs Intermediary Grant Scheme

Over the past few months, HMRC has unveiled a package of measures to accelerate the growth of the UK's customs ...
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Breaking even

There are businesses that have benefitted from the current COVID disruption. Particularly, those that can deliver goods and services online ...
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Beyond furlough

Unless the Chancellor comes up with replacement funding for the furlough scheme, and there is no sign that this will ...
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New redundancy protections for furloughed employees

The government has unveiled an important new law that will protect furloughed workers who are made redundant. This will ensure ...
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£50 bike repair voucher scheme launched

The government has launched a new scheme - open to anyone in England - with a bike in need of ...
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How elastic is demand for your products?

Many will remember the empty shelves in supermarkets when lock-down commenced March 2020. In particular, the absence of toilet rolls… ...
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What are the maximum weekly working hours?

There are working time limits that state the legal maximum weekly working hours that a person has to work. They ...
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