The 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 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 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 MoreIf you are self employed you probably know that the tax return deadline is 31st January. But once you have submitted your information to HMRC…. what next? Click here for the FUSE Guide on Paying Your Tax Bill
Read MoreWith the festive season all but a distant memory, it is now time to make sure you get your tax return filed before the 31st January 2020 deadline.
Read MoreRunning a business can be a minefield and knowing what costs are allowable to claim is essential. Have a read of our useful guide on what you can and can’t expense in your wardrobe.
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 MoreOur simple guide to the Benefits in Kind regime for the annual party and the cost to your employees.
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 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 MoreRunning a small business but struggling to get paid for the work you do can be demotivating, time consuming and at times, debilitating on your finances and business development. Here we set out a simple guide to making sure you do everything you can to get paid on time.
Read MoreUnless you are an accountant, a tax return is not something you will complete regularly enough to know how to do blindfolded. Luckily we do - although we don’t do it blindfolded so its easy for us to spot these common things that are left off of a tax return.
Read MoreKeeping good records to support your business is essential. It doesn’t have to be anything fancy - but it is important to have a system in place to ensure your recordkeeping is up to date, clear and accurate. Here we highlight our key reasons why you should - and more importantly how to keep good financial records.
Read MoreAvoid an automatic late filing penalty by ensuring your tax return is filed by 31st January. Our advice? Don’t leave it till the last minute and follow these handy tips to get everything in order.
Read MoreEveryone is always looking to make more from their money, and with our insightful 10 point guide you can make sure it’s not just Christmas that we will be gaining a few extra pounds.
Read MoreTaking the step to employ people as you grow your business is easy when you know how. There are many boxes to tick, forms to complete and processes to put in place to make sure you are ready for the commitment so here’s our guide to help you prepare.
Read MoreFiling your tax returns close to the deadline can be the difference between it being fine and incurring a fine. We encourage our clients to file their tax returns well in advance of the filing deadline to avoid mistakes and incurring charges. Here are our seven key reasons why you should get your tax return prepared and filed sooner rather than later.
Read More
