15 Jan 2021

Is your business ready for 2021? Get set for the year ahead with cloud accounting, forecasting and business planning

Businesses have numerous unexpected challenges over the past year, with the coronavirus pandemic having an unprecedented impact on our lives. With England now in national lockdown once again, it’s more important than ever to ensure that your business is prepared for 2021.

15 Jan 2021

Self Assessment: thousands spread tax liabilities in response to coronavirus disruption

Thousands of self-employed workers have taken advantage of the Government’s extended Time to Pay scheme ahead of the 31 January Self Assessment deadline, a new report has revealed.

14 Jan 2021

Self-Assessment: HMRC set to waive fines for late returns due to COVID-19

HM Revenue & Customs (HMRC) is set to waive fines for taxpayers who file their tax returns late, providing that they can prove that the delay was because of COVID-19.

01 Jun 2020

What should you use the bounce back loan for?

Tens of billions of pounds has already been borrowed by HM Government in an effort to help as many businesses stay afloat as possible during the COVID-19 crisis. At one point, 80% of the wages of over 7 million employees were being paid by the government as the government attempted to save as many jobs and companies as possible.

01 May 2020

Why use a local accountant in an age of social distancing?

As I write this, scientists, politicians, and the rest of us are hoping beyond hope that we have reached the plateau stage of the COVID-19 crisis here in Britain. If this is true, the Government might consider easing some of the lockdown restrictions.

14 Apr 2020

Coronavirus blog

I’m certain that the phrase “unprecedented times” will be the phrase of 2020 – I’ve lost count of the number of times I’ve hear it now. However, these times are certainly and genuinely without modern precedent and, in recognition of that fact, the Government have leapt to the defence of businesses with a number of different schemes – thirteen to be precise (although one predated the coronavirus crisis).

27 Feb 2020

7 reliefs and allowances to take advantage of as the tax year ends

The UK personal tax year runs from the 6th April to the 5th April. Following the end of the tax year, you have until 31st October to report your earnings via self-assessment if you use the paper form and until 31st January the following year if you use the online form.