Everyone aged 50 or over in England can now book a coronavirus vaccination It has been announced that everyone aged 50 and over should now book their COVID vaccination online via the NHS website. For the full story click here. Number of small businesses in distress triple pre-Covid level With the [...]
As you know we do everything we can to promote your business, and we have been wracking our brains as to how we can help you further! So, we would like to introduce our new Client Spotlight Month, where we will select one client to promote, via our blog and social [...]
Landlords blocked from evicting small businesses for another three months With COVID still impacting many businesses, the Government has again blocked commercial landlords from evicting small businesses for another three months until June 30th. With the first push back introduced a year ago this month, it has been pushed back three [...]
Xero has some great features, that are included in the fee you pay, but are not often used as they are not part of the core product and are often overlooked. The Budgeting Manager is one such feature. Budgeting itself is important if you want to keep some financial control [...]
As we approach the end of another tax year, its time to consider the things you should be doing to ensure you don’t lose out on the allowances and tax planning opportunities available to you. Many of these are specific to your individual circumstances but are worth considering and raising in [...]
After listening carefully to the Budget today, we can report on the headline announcements and how they affect you as a business owner. As usual, the detailed nuances will become apparent over the coming days, but this newsletter contains the highlights. This was always going to be a balancing act for Rishi, as [...]
What's the roadmap for lifting lockdown? There is finally light at the end of the tunnel! Boris made his lockdown roadmap announcement on Monday 22nd February - here is a brief breakdown of what is to come: For the full story, click here. Stamp duty holiday 'to be extended until end [...]
Salary sacrifice is an agreement to reduce an employee’s entitlement to cash pay, usually in return for a non-cash benefit, such as providing the employee with an asset or healthcare. As an employer, you can set up a salary sacrifice arrangement by changing the terms of your employee’s employment contract. Your [...]
COVID-19: VAT should be cut to help boost green recovery from pandemic, MPs say Reports suggest that “the parliamentary Environmental Audit Committee has called for tax incentives to make electric vehicles more affordable as a way of boosting a green recovery from the pandemic.” There are also calls from MP’s to [...]
For many years, the standard advice from accountants has been for Directors to pay themselves a salary and for shareholders to take dividends. Often in small companies, the Directors and Shareholders are the same people. This approach minimises the tax liability because dividends are taxed, or have been in the past, [...]
