As the Covid-19 pandemic unfolded last year, so did the various support packages from the Government. These were created to make sure as many businesses as possible made it through the unprecedented (we’ve not heard that word for a while!) and uncertain events happening.   A year on and we...

The pandemic has changed the way many of us work forcing huge numbers of us to work from home for the first time. It’s been stressful, confusing, blurred the lines between home and work life and highlighted more than a few technical difficulties, but as we move forward with the...

On 21st April the fourth round of SEISS grant applications opened. This government support has been vital for self-employed people across the UK during the coronavirus pandemic. This new procedure is ONLY be applicable for new traders whose first tax return was submitted to HMRC for 2019-2020 on or before...

What do you need to know about Making Tax Digital?   Making Tax Digital is a term you may have heard of and seen in the past couple of years, but if it hasn’t yet affected you and your business, may not have paid much attention to it. However, now...

Did you know that from the 1st April 2021 here will be a National Insurance contribution relief for employers who hire veterans. From April 2021, there will be a National Insurance contribution relief for employers who hire veterans. Employers can claim back the Class 1A NI contributions for employees who...

There may come a point when you no longer need to trade through a limited company, however as the business is a legal entity the process of closing a company is far from simple. This guide summarises the steps involved.   1. Stop trading. The company should undertake no further...

This is the first budget to be announced during the pandemic, after the usual November budget was replaced with a Spending Review. I will try to give you some of the highlights which will affect both you individually and in your business. Some of the details are still a bit...

Brexit and the pandemic has paused many changes that the HRMC were planning to roll over the last year. This new rule will affect all VAT registered companies within the construction industry that report under the Construction Industry Scheme (CIS).   The Domestic Reverse Charge VAT legislation is a change...

Whilst the Covid pandemic has dominated the news over the last year, Brexit has been moving forward with more details emerging on how our new relationship with the EU will look. On 1st January 2021, the UK officially left the EU Whilst many changes came into effect on 1st January,...