HMRC to go easy on small business strangled with Covid debt Kwasi Kwarteng, the business secretary, says HMRC will not press businesses to pay overdue tax immediately if they are struggling with coronavirus-related debt. With the UK at the final stages of lockdown, small businesses fear they cannot pay overdue debt [...]
Here are the changes explained. Corporation Tax is set to rise from 19% to 25% from 1st April 2023. The full rate of 25% will only be applicable for those businesses making profits of over £250,000. Businesses earning profits of between £50,000 to £250,000 will be able to claim marginal relief. Tax is higher [...]
UK Covid LIVE: PM to announce on Monday if lockdown can lift on July 5 as Hancock says data ‘looking encouraging’ With everyone hoping that Freedom Day is not far away, an announcement from Boris Johnson on Monday will determine if the final restrictions can be lifted earlier than the pushed [...]
A website is a pre-requisite for doing business nowadays – every business has one. It probably cost a few thousand pounds and, if you used a reasonable website designer, it probably looks great. And you are probably really proud of it. But the point of a website is to get customers [...]
UK jobs market showing signs of recovery With the increase in vaccinations and more businesses reopening, the job market is now showing signs of recovering - unemployment rates are falling and the number of job vacancies is rising. This however doesn't apply to the younger generation where unemployment in hospitality remains [...]
There is tax to pay on any benefits that you provide to yourself and your employees. These are reported on form P11D each year and we regularly prepare these for our clients. The deadline for form P11D is 6th July and any liability is due to be paid by 19th July. [...]
With the goverment promise to make greener choices the Kent County Council want to make a move to electric vans! Securing £1.5M of Highways England funding to operate a two-year electric van scheme for businesses. The aim is to encourage businesses to convert their fleets to electric, with a free 2 [...]
The last 15 months have been unusual for everyone and not least for those who are running a business. If you are in a business that was severely affected by Covid, you may now just be coming back online or you may have been able to pivot and go in a [...]
Small businesses selling into EU face £180m in extra red tape costs For the first time small businesses that sell into the Europe will be required to register for VAT. The new EU One-Stop-Shop rules, which will be introduced on July 1, are designed to stop an estimated €7bn in annual [...]
Xero subscription pricing is changing! From 23 September 2021, prices for Xero plans will be as follows: If you're a subscriber with a current discount or promo code, this will be applied to the new pricing from 23 September 2021 and will continue for the length of time originally agreed. There [...]
