IR35 has been around since April 2000 and exists to allow HMRC to challenge the employment status of those workers who provide their services via an intermediary, such as a limited company but who would be an employee if the intermediary was not used. HMRC refers to such workers as […]
Author Archives: RobsonLaidler
10
Dec
Dec
Most business owners will be pleased to see the back of 2020 and should already have made suitable changes to their business strategy for 2021. Any good business coach will tell you, if you want to survive and thrive, you cannot leave your success up to chance. This year […]
07
Dec
Dec
“Organisational health is the single greatest competitive advantage in any business.” Patrick Lencioni It is easy to get caught in day-to-day business operations, but it is essential to take time out to work on the business. Just like going to a doctor’s appointment to check a minor ailment before it […]
02
Dec
Dec
Many employers like to reward their employees at Christmas – whether it be a party (and/) or a gift. However, the tax office is for life, not just for Christmas and unwary employers can fall foul of tax rules if the gifts aren’t of the correct sort and cost. The […]
01
Dec
Dec
Most business owners are focussed individuals and love what they do. Our financial planning team RL Wealth are in the fortunate position to see the whole picture. They can see the turnover, the profits, the tax return but, because it’s about balancing the business finances with the owner’s personal financial […]
30
Nov
Nov
HM Revenue & Customs have slightly changed the requirements for claiming the third tranche of the SEISS compared to the previous two tranches – but the result may have a major impact on the self employed’s ability to claim the SEISS. When claiming the first two SEISS grants the […]
25
Nov
Nov
COVID-19 has borne witness to increased public spending on an unprecedented scale. It has been estimated the UK is facing an annual bill of more than £300 billion to cover the cost of measures such as the furlough and self-employed support schemes. Earlier this year, Chancellor of the Exchequer Rishi […]
19
Nov
Nov
As a wealth management firm whose purpose is to ‘Make a positive difference to people’s lives’, we recently invited our clients to take part in global survey of investors run by Dimensional, an investment manager we work with. The results from the survey help us to develop our services to […]
17
Nov
Nov
Following the second national lockdown we have created a handy guide for businesses of all sizes to understand the support available to them and to find out more, including links to apply under the various schemes. Over the course of the year the government has responded to the devastating […]
16
Nov
Nov
We have been advised that HMRC is sending computer generated letters to taxpayers when the submitted 2019 personal tax return contains information that differs from the information held by HMRC. HMRC uses data from many sources to cross check information reported on self- assessment tax returns. It could open […]