Monthly Archives: May 2021

Incorrectly claimed SEISS

HMRC Enquiry

As the 2021 Tax Return gears up, HM Revenue & Customs has confirmed that it will issue harsh penalties to tax payers who have incorrectly claimed SEISS, and subsequently not taken advantage of opportunities to voluntarily repay the excess amounts. The rules state that overpayments must be notified to HMRC […]

What should be included in a trustees’ report?

trustee report

Charities are vital for the support, encouragement, and enhancement of people’s lives, but during the Coronavirus pandemic they have gone the extra mile to support those in need and have shown an admirable resilience. Charities must provide evidence of the impact they deliver to the people they support, especially to […]

Should I get a company car?

company car

“Should I get a company car?” is probably one of the most asked questions we receive. The fundamental answer revolves around tax efficiency and sustainability.   A company car is a way your company can pay you back for your hard work, but you should also consider the purpose and values of […]

Some info on new government loans

Recovery loan scheme

We’re helping clients assess if they might need funding and loans available to help. The government recently launched its new Recovery Loan Scheme, so we wanted to make sure you knew your options. Here’s five things to know about the scheme: There’s no turnover or trading history requirements Personal guarantees […]

15 tips for financial freedom

financial freedom

Get yourself on the right financial path  Financial freedom means having enough money to afford the lifestyle you want for yourself and your family for the rest of your life, without fear of running out or being employed or dependant on others. These 15 top tips can help you on […]