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Beat the Budget
The next Budget is due Autumn 2020, late October or early November, although this may be postponed until Spring 2021 if we have a further spike in coronavirus infections. There has been the usual speculation that taxes will be increased in the forthcoming budget to...
Can you claim for additional Self Employed Income Support?
The government recently announced an extension to the Self Employed Income Support Scheme (SEISS). The first grant covered a three month period to 13 July 2020. The second grant will cover the three months commencing 14 July 2020. Those eligible for the first quarter...
Directors’ loans – a word of caution
Director/shareholders have a unique position with their companies for tax purposes. Usually, they can decide when and how to withdraw funds from their business, but these withdrawals can have unforeseen tax effects. Salaries and dividends If amounts drawn are salaries...
How small businesses can boost sales during COVID-19
COVID-19 has brought sudden, massive changes around the world. It has disrupted the way we interact, shop, work, and transact. Businesses of all sizes have been plunged into darkness, with some even having to shut down entirely. Meanwhile, others have managed to find...
Covid-19 Business Support Update
The Government has announced a series of unprecedented measures to support businesses, employees and individuals. Details as follows: A Coronavirus Job Retention Scheme – the scheme is open to all UK employers for at least 3 months starting from 1st March 2020. Find...
Self Employed Income Support Scheme
The Covid-19 support for the self-employed has been announced and is expected to benefit some 95% of people for whom self-employment is their main source of income. Here are the detail so of the scheme: Those that qualify will receive a cash grant from HMRC based on...
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"I have used Robinson & Co for several years. Prior to this I was doing my own books (rather badly). As my business grew I had less time and needed professional input. Robinson & Co were my first port of call and from the first meeting with Gary I knew I was in good hands."