A-Z Tax Issues
This blog series of A-Z tax issues provides you with a quick and easy guide to the tax matters that you and your business may need to look out for. Our advice is based on the questions that our Tax Team, with a collective 200+ years’ experience get asked time […]
- Taxable Benefits
Business owners – how to prioritise your personal plans
We’ve met lots of business owners recently who are still working hard well into their 60’s. This is typically because they love what they do. But also it’s because they haven’t had a chance to consider making plans. They are too busy! So, why should you take your foot […]
What should you do if you or your staff are ‘pinged’ by the NHS COVID-19 App?
It is being reported that there are an increasing number of people being ‘pinged’ by the NHS COVID-19 App. The terminology ‘pinged’ is referring to when a person is sent an alert by the App. The App sends anonymous alerts if the user has been in close contact with another […]
Why do you need an organisational review?
As a business owner do you find you are wearing too many hats? If so you may need to run an organisational review on your business. In order for a business to run effectively and efficiently there needs to be a clear organisation chart, which visually defines departments, functions, roles […]
What now for employers with Covid restrictions being eased?
Legal restrictions in place in respect of Covid-19 start to end today (Monday 19th July) in England, Wales and Scotland. Each country is taking a slightly different approach to timings and some of the detail around what is required, but in all countries, there is the start of an easing. […]
How to go on holiday when running your own business
What efficiencies should you have in place to make going on holiday easier when you are a business owner? Everyone loves to go on holiday whether it’s a staycation or visiting foreign shores and it is important for your health and mental wellbeing to have time off work. Taking a […]
Lack of cash stopping your estate agency from growing?
One of the most stress-inducing parts of running a business is not knowing enough about your cash. How much is coming in, how much is going out, where it’s going, whether you’re covered. No fear hits quite like an unexpected bill when you’ve got a bunch of overheads that need […]
New VAT rules for sales to EU member states
What do these new VAT rules mean for UK sellers? From 1 July 2021, the VAT rules on cross border sales from business to consumer (B2C) have changed. A consumer being an individual or organisation that is not registered for vat. There is no longer a threshold for distance selling […]
Divorce – Tax Considerations
The end of a relationship, particularly divorce is difficult for so many reasons, but you may not realise that divorce and the end of a marriage or civil partnership, could lead to tax complications. Most people know that transfers of assets between married or civil partnered couples are free […]
Making Tax Digital – sole traders and partnerships
Tax, made digital. Many of you might know that tax is already digital now as the returns are done online. What this means is your records must be kept digitally. Making Tax Digital comes into force for sole traders and partnerships from 6 April 2023 with income from all sources […]
Capital allowances are one of the most complex areas within UK tax legislation. A lot of the rules originally came from case law until the various decisions were legislated within the Capital Allowances Act of 2001. Broadly speaking, capital allowances are a tax-approved form of depreciation. Whereas accounting principles allow […]