News
New tax rules on holiday lets – What does it mean for owners?
14 February 2022
It was recently announced that the Government would reform business rates relief for owners of second homes – resulting in some holiday let owners facing additional costs of up to £1,000 a year.
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Most popular options available when setting up a new business
14 February 2022
It’s a new year and many people who may have lost their jobs during the pandemic or have decided to take their life in a new direction, will be looking to start up a business. It could be a full-time endeavour or a part-time business looking to make a bit of extra income to cope with the current cost of living crisis.
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Can you avoid the P11D process?
14 February 2022
Every year employers across the UK submit an end-of-year report to HM Revenue & Customs (HMRC) outlining the benefits provided to each employee and director, which were not included in their wages.
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Brexit: have your say on the future of customs
11 February 2022
The Government is calling on businesses, traders and the public to have their say on the future of customs. The call for evidence comes after the introduction of full customs controls in January this year, forcing thousands of traders to change the way they do business.
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Brexit Freedoms Bill to be brought forward
04 February 2022
The Brexit Freedoms Bill will be brought forward to “cut red tape” and improve trading conditions for British businesses, it has been announced. The new laws will make it easier to amend or repeal outdated “retained EU law” to support international growth.
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Brexit: UK launches “world-leading” data council to help seize global data sharing opportunities
31 January 2022
The world’s biggest businesses – including Google, Mastercard, and Microsoft – came together for the first time last week to help Britain “seize the opportunities of better global data sharing” now that it has left the EU.
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Half of firms “not confident” in trading with EU following introduction of full customs controls
24 January 2022
More than half of businesses are not confident in trading with the European Union (EU) following the introduction of full customs controls, a major study has found.
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Give yourself Time to Pay
19 January 2022
Taxpayers who are unable to pay their Self-Assessment (SA) bill can use the option of paying by instalments with a Time to Pay arrangement with HM Revenue & Customs (HMRC). If you cannot pay a Self-Assessment tax bill you can make your own Time to Pay arrangement using your Government Gateway account...
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Cash no longer king as card payments surge in lockdown
19 January 2022
Whether it is down to the spread of the Coronavirus or just a general trend to a more cashless society, card payments have boomed in the last couple of years. While restrictions were in place, hardly anyone accepted cash and it is a trend that looks like it will continue with more and more payments being made through card readers.
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Be prepared for changes to Corporation Tax in 2023
19 January 2022
The 2023-24 tax year may seem a long way off, but it is important that companies are prepared for changes to the system a little more than year down the line. The main rate of Corporation Tax (CT) will rise to 25 per cent for the financial year commencing on 1 April 2023, but it is slightly more complicated...
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Case Studies
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A shared passion for architecture and a head for numbers
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Smiles all round for dental practice
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A modern approach required for music moguls
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A taste for growth, a thirst for knowledge
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Sometimes a business does exactly as it says on the tin
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Customer care is top of the list for packaging business
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Cut above the rest in personal management style
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Child's play with proactive accounts management
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Taxing demands with old school charm