Happy New Year everyone I cannot think of a more challenging way of starting a new year than with a total national lockdown. Running a business just got a whole lot harder. That said, we are a nation of entrepreneurs and I know this will not stop us getting out there [...]
I cannot think of a more challenging way of starting a new year than with a total national lockdown. Running a business just got a whole lot harder. That said, we are a nation of entrepreneurs and I know this will not stop us getting out there and doing great business. [...]
Company cars are an easy target for HMRC – people need a car, and they often desire an expensive one! So maybe it’s time to ditch the petrol and diesel and think about going electric…here we help you consider whether an electric car would be more beneficial for you. Traditionally, the [...]
Whether you are a professional or a reluctant landlord, many people are unsure of the tax implications of owning their property in a limited company and whether this would work out more financially beneficial for them. The answer is, as it usually is, that it depends on your personal circumstances and [...]
COVID-19: Furlough scheme extended until end of April The Coronavirus Job Retention Scheme has been EXTENDED until April 30th, 2021. The scheme includes the government paying up to 80% of staff wages capped at £2,500 a month. We will keep you informed on more information on this as soon as we [...]
HMRC want all people you “employ” to be on your payroll and for taxes to be deducted from them at source and paid over each month. The reality is more complicated. More and more people are demanding flexible working and do not necessarily want to be tied into a traditional employee [...]
Treasury to discuss COVID-19 grant for company directors Reports suggest that the Government will be meeting with the 2 million company directors that were unsupported by COVID -19 funding schemes. The Government is now putting together a grant-based rescue plan for the directors. This scheme aims to support entrepreneurs who rely [...]
As the new tier system kicks in, many businesses are finding themselves facing tough times and some very difficult decisions this Christmas. Over the last six months, you have probably already had to make some hard choices, as your business has seen its work dry up and its income drop off [...]
Coronavirus Self-Employed & Small Limited Company Help The third income support grant is now open! Running from the 1st November to the 29th January 2021. HMRC have advised they have contacted everyone they believe is eligible for the scheme and should apply between the 30th November – 4th December. If they [...]
The UK/EU withdrawal agreement expires at 11pm GMT on 31 December 2020. After that date, the UK will become a separate customs territory from the EU. This means that from 1 January 2021, all imports and exports of goods to, and from, the EU will become subject to customs procedures, both [...]
