When we started writing regular blogs for our website, we had one aim in mind: helping business owners run their companies. Whether you’re a client or not, we want to…
If you own or run a limited company you could qualify for Employment Allowance. This allowance reduces the amount of National Insurance that employers have to pay by £5,000 from…
As the government makes announcements months in advance it’s easy to forget the changes for your business faces. So you can be forgiven for overlooking or even forgetting deadlines until…
As the clock ticks towards the self-assessment return deadline, HMRC is reminding those people awarded Covid grants they must declare them. Anyone receiving some or all of the first three…
As self-assessment deadlines loom, many people could end up receiving a higher tax bill than usual this year! On January 31, 2022, self-assessment tax returns, including activity from 6 April…
Plans to introduce digital tax reporting for businesses that are not VAT-registered and the self-employed are being delayed by a year. HMRC says Making Tax Digital (MTD) will be introduced…
Boris Johnson last week revealed that National Insurance rates (NICs) will increase by 1.25 percentage points from April 2022. Under the plans, employees, employers and the self-employed will see increases…
Time is running out for business owners to submit P11D forms. Each year, these forms – which report employees’ benefits in kind – need submitting to HMRC by 6 July.…
Self-employed can now apply for the fourth round of SEISS grants. Millions of sole traders will be receiving emails, letters to let them know if they are eligible. Those people…
Deferred VAT payments from 2020 can now be paid in instalments to clear the debt thanks to a new government portal. Businesses could defer the VAT they owed between 20…