General news
‘Pingdemic’ – an increase in self-isolating threatens supermarket sales
Jul 20, 2021
The NHS app has told so many supermarket workers to self-isolate that some stores are now considering reducing opening hours or closing altogether. M&S is one chain that saw a rise in employees receiving notifications and are therefore contemplating reducing hours ...
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Help to Grow: Management scheme now open
Jul 15, 2021
The Government’s landmark Help to Grow: Management scheme is now open for applications. The initiative offers businesses free or subsidised training to level up in the wake of the coronavirus pandemic. Here’s what you need to know. What is the Help to Grow: ...
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UK Export Finance records “record” year thanks to success of General Export Facility
Jun 24, 2021
UK Export Finance has recorded a “record” year thanks to the success of the General Export Facility (GEF), it has been revealed. The figures, published by the Government’s export credit agency, also show that more than 100,000 jobs were supported throughout ...
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Leaving your business in capable hands – Succession planning for the next generation
Jun 21, 2021
Many individuals who have spent their livelihoods building, running, and maintaining a successful business, often intend to pass on their accomplishments to a family member, close relative or trusted employee. The process of succession planning is one all businesses will eventually ...
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New figures highlight success of coronavirus support schemes
Jun 04, 2021
Some 2.8 million people took advantage of the Self-Employment Income Support Scheme (SEISS) in the last year, the latest figures have revealed. The research, published by HM Treasury, provides an update on the success of the coronavirus support schemes and reflects ...
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Five reasons to set up a Personal Tax Account
May 17, 2021
Taxpayers are being urged to set up personal accounts to monitor their affairs. The Association of Taxation Technicians (ATT) is encouraging taxpayers to set up a Personal Tax Account (PTA). The call is after HM Revenue & Customs (HMRC), renewed their commitment ...
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New tax surcharges for late payments
May 11, 2021
In the 2021 Spring Budget, the Government announced a new penalty and interest regime to replace the VAT default surcharge. From April 2022, this new penalty regime for late submission of tax returns and late payments will begin across VAT and ...
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Is incorporation right for me?
Apr 30, 2021
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 ...
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Self Employment Income Support Scheme: fourth grant now live
Apr 23, 2021
Self-employed workers will be able to claim the fourth Self Employment Income Support Scheme (SEISS) Grant from 22 April 2021. Commenting on the launch of the grant, the Institute of Chartered Accountants in England and Wales (ICAEW) said the scheme has ...
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Do you have taxable benefits? Start preparing now!
Apr 20, 2021
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 ...
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