The government recently announced an update to the Coronavirus Job Retention Scheme (CJRS) extending it until the end of October 2020, and allowing employers to welcome those already furloughed back to the team on a part time basis where necessary.
Read MoreIf you are new to running a business or have recently switched careers you may not be clear on whether you need to file a tax return. Here our helpful guide helps break it down for you
Read MoreThe new HMRC portal for the Self-Employment Income Support Scheme is now live and HMRC are already paying out the grants on applications made. The portal is so easy to use, it’s child’s play. Have you applied? Our simple guide will tell you how to apply.
Read MoreThe Government’s Bounce Back Loan scheme went live on 4th May - with almost 100,000 applications submitted within the first 24 hours! Click here to read more about the criteria and application process.
Read More
Working from home may be a huge adjustment to daily routine for some, but for others it could already be the norm. Here we run through our 5 top tips to stay productive, motivated and financially in the know for anyone working from home.
Read MoreWe are just days away from the end of the 2019/20 tax year so you still have time to take advantage of any final tax planning opportunities. Here are our top 20 tax planning tips for you.
Read MoreWith the COVID-19 pandemic having an impact on all of us, there are bound to be lots of questions. Here we’ve highlighted the key measures and initiatives that the Government have put in place to help you and your business.
Read MoreIdentify a problem and chances are you will be told the modern-age old saying “there’s an app for that!”. Juggling accounts, finances, income and expenses is all part of the fun of running a business - and the app store can make it a whole lot more easier! Here we list our 9 favourite apps out there that can transform the way you do business.
Read MoreAre you in receipt of Child Benefit? Are you a higher rate taxpayer? Do you know about the sting? Read our guide for more information on what you need to know as a high earner.
Read MoreThere has been lots in the press recently about the changes to IR35 and although IR35 in itself is nothing new and has always been applicable to contractors, there are new rules coming into force that will affect many freelancers, but the good news is this has now been postponed to start in April 2021.
Read MoreWith an increasing number of families juggling work with raising a family, the government has introduced a number of initiatives to help with childcare costs. In April 2017 the Government launched the Tax Free Childcare scheme to help working families with childcare costs.
Read MoreYou probably already run most of your business in the cloud, so why not your banking? Banking solutions have significantly changed over the last few years with traditional banks no longer always being first choice.
Read MoreHMRC has a legal right to open an enquiry into any return. According to HMRC 11.5 million Tax Returns were submitted last year. A tax enquiry is the process by which HMRC check the information reported on a Tax Return to ensure it is correct and complete
Read MoreAs an owner managed business, there are certain costs that you will inevitably incur whilst running your business. Here we highlight the three most common things missed off of client expenses for income tax and a corporation tax purposes.
Read MoreSaving on the relatively low cost of outsourcing your payroll by running it yourself may well be a false economy. If you don’t keep up with legislation it can be detrimental to your business if you get it wrong and will no doubt impact your own productivity. Take our advice and leave this side of your operations to an external expert.
Read MoreThe State Pension regime has undergone some big changes in recent years - changes that will impact how much and when you receive your pension. It is essential that your savings plan works with these changes and doesn't leave you short in the future.
Read MoreWe work with many interior designers so we have a great deal of visibility when it comes to the grey areas and dark corners of the accounting side of the business. Here Matt Boon sheds some light on the matters to help you design your bookkeeping.
Read MoreFar from being just a team of number crunchers - we also manage to pick up a book now and then! Here we give a shout to our personal top books on our shelves for business and mindset.
Read MoreIn April 2019 HMRC made the initial steps to digitilise accounting records in a scheme called Making Tax Digital. MTD - as it is now commonly referred to - is about simplifying and streamlining records across VAT registered businesses. Here we discuss what you need to know on the subject to get you started.
Read MoreClaiming VAT where there is none, invoicing overseas clients with VAT and even claiming VAT on VAT, we’ve seen it all. Here’s our helpful guide to getting your VAT right and how to avoid any common VAT return errors, so you can avoid any unpleasant surprises.
Read More
