Sep 1, 2020 | Covid-19, finance, Tax
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... read more
Sep 1, 2020 | finance, Tax
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... read more
Aug 21, 2020 | cash flow, finance, Grow your business, Uncategorized
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... read more
Dec 16, 2019 | finance, Self Assessment, Tax
We’re not wanting to dampen the Christmas cheer! But, the deadline for filing your Tax Returns is only weeks away! Make sure you don’t miss the deadline date of Friday, January 31, 2020 or you could be joining millions of others in the UK and incur an automatic fine... read more
Dec 12, 2019 | finance, Tax
As we enter the Christmas season, are you considering generous gifts for your loved ones? If so, we take a look at the implications for Inheritance Tax. With an eye to 2020, we’re also only weeks away from the deadline for filing your Tax Return. Gifts &... read more
Sep 9, 2019 | finance, Leadership, Tax
In July the Government confirmed its plans to change the way that Capital Gains Tax (CGT) is calculated for properties that are part or fully let. Currently HMRC excludes the last 18 months of your ownership, even if the property is let in this time, when calculating... read more