We regularly write articles to keep you up to date with changes that affect your growing business.
Blog
One unexpected bonus for staff forced to work from home because of the pandemic has been a £6 per week tax break. People will have seen their household bills naturally go up over the last year, from increased working at home and the Government has recognised this. These working life changes are driven by
Blog
The days of the internal combustion engine seem to be numbered, with a huge emphasis being switched by Government and manufacturers towards electric technology. With the Government’s commitment to end the sale of new petrol and diesel cars from 2030 and advancements in electric car technology, the country appears to be on the edge of
Blog
As business advisers, we’re often asked whether incorporation is the right choice for new and growing businesses. But the answer isn’t always straightforward. The truth is, there is no right or wrong way to run a company and incorporation will depend heavily on your goals and unique circumstances. However, it is important to understand the
Blog
The Covid pandemic may have had one unintended benefit, making people think about their health and the impact on the environment. Escaping lockdown for exercise meant going for a walk or run, or taking to two wheels, as the benefits of cycling once again came to the fore. Cycling is up by as much as
Blog
The UK tech sector has continued to grow despite the impact of Covid-19 and lockdown restrictions, a major study has revealed. The data – shared by Companies House this month – shows how the coronavirus pandemic has helped carve out a bigger slice of the economy for tech businesses. According to the figures, some 14,301
Blog
As of 1 March 2021, the VAT reverse charge rules for the construction industry have been in force, bringing about significant changes for sub-contractors, contractors and developers. The new reverse charge rules mean that it is now the responsibility of the suppliers of construction services to account for the VAT that would have previously been
Blog
A new capital allowance scheme became available to companies from 1 April, offering them an incentive to invest in new assets to aid their recovery after lockdown. The new super-deduction and special rate first-year allowance scheme runs until 31 March 2023 and aims to help businesses invest in qualifying plant and machinery by offering Corporation
Blog
Self-employed workers will be able to claim the fourth Self Employment Income Support Scheme (SEISS) Grant from 22 April 2021. What is the SEISS? The SEISS is designed to support self-employed people throughout the coronavirus pandemic in a similar fashion to the UK’s landmark furlough scheme. Under the initiative, eligible self-employed workers can claim 80
Blog
Electric and low CO2 emission vehicles are becoming increasingly common on UK roads, as drivers seek to go green and reduce the costs of motoring. Driving an electric or low CO2 emission vehicle helps to reduce airborne pollutants and CO2 emissions, but it could also help to reduce the amount of tax that a person
Blog
The last tax year has not long ended, but now is the time to think about how you report taxable benefits provided to your employees. On the horizon there is the all-important P11D deadline looming, which may require some employers to report taxable benefits provided in the last year to HM Revenue & Customs (HMRC).
Blog
HM Revenue & Customs (HMRC) is now contacting self-employed individuals who could be eligible for the fourth round of the Government’s Self-Employment Income Support Scheme (SEISS). The fourth round of the scheme covers the period from 1 February 2021 to 30 April 2021 and is worth 80 per cent of three months’ average trading profits,
Blog
The Annual Tax on Enveloped Dwellings (ATED) return for the year from 1 April 2021 to 31 March 2022, and any tax due for the year, is due by 30 April 2021. What is the ATED? The ATED is a charge that applies to UK residential properties worth more than £500,000 that are owned by
No resources found. Try a different category or search term.