News and Articles

28 Sep 2021

£800 million Reinsurance Scheme opens for live events

The government has opened a £800 million Reinsurance Scheme to cover live events against coronavirus (COVID-19)-related cancellations.

27 Sep 2021

Choose Which Taxes You Pay

The choice of business classification (whether you are a sole trader, partnership, LLP etc) will determine which taxes are paid by your business.

27 Sep 2021

Government announces plans to make requesting flexible working a day one right

UK workers could get more choice over when and where they work under new proposals to make the right to request flexible working a day one entitlement.

24 Sep 2021

Making Tax Digital for Income Tax self assessment delayed for a year

The government has delayed the introduction of Making Tax Digital (MTD) for Income Tax self assessment (MTD for ITSA) for a year, HMRC has announced.

23 Sep 2021

Life after Furlough

Life after Furlough – Planning your business affairs to cater for the end of furlough funding, 30 September 2021

23 Sep 2021

Consider Whether To Register For VAT Voluntarily

A business must register for VAT if the VAT able turnover in the previous 12months is more than the VAT registration threshold (set at £85,000 until 31March 2024)or it is expected that this threshold will be exceeded within the next 30 days.

23 Sep 2021

Brexit and Capital Gains Tax (CGT)

Looking to sell your second home? Here’s how Brexit could affect you.

23 Sep 2021

IoD urges government to reduce planned level of business tax rises

The Institute of Directors (IoD) is urging the government to use the upcoming Budget to reduce the planned level of business tax rises.

22 Sep 2021

British Business Bank provided £81.5 billion of COVID-19 support

COVID-19 emergency finance schemes offered £81.5 billion of finance to almost 1.7 million businesses through the British Business Bank (BBB) during the last financial year.

21 Sep 2021

CBI survey finds three quarters of firms worried about labour shortages

A survey carried out by the CBI has revealed that three quarters of UK businesses are concerned about the impact of labour shortages on competitiveness.

20 Sep 2021

COVID-19 sick pay rebate scheme to end on 30 September

The government's scheme that enables small businesses to recoup statutory sick pay costs caused by the coronavirus (COVID-19) will end at the end of September.

17 Sep 2021

OTS says changing date of tax year end would be beneficial

Adopting a tax year which is either aligned with the calendar year or with a calendar month-end would have clear benefits, according to a review from the Office of Tax Simplification (OTS).

16 Sep 2021

FSB survey suggests unemployment to rise by 50,000 as result of NICs rise

A survey carried out by the Federation of Small Businesses (FSB) has suggested that the UK unemployment rate could rise by 50,000 as a result of the increase in national insurance contributions (NICs) for employers, sole traders and employees.

15 Sep 2021

Inflation sees sharpest increase on record

Inflation rose to 3.2% last month from 2% in July ? its largest ever recorded increase, according to the Office for National Statistics (ONS).

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