Category Archives: Business

National Minimum Wage and National Living Wage

minimum wage

The National Minimum Wage (NMW) and National Living Wage (NLW) will increase in April 2021. The increase applies to pay reference periods beginning on or after 1 April 2021. As an employer you will need to ensure you are paying your staff correctly from 1 April 2021 as HMRC has […]

How is your business doing?

It’s been a crazy year. But how has your business fared? What’s your outlook over the next 3 – 12 months and beyond? What are you planning? And what are you doing differently? We are conducting a survey amongst UK SMEs to understand the answer to these questions and in […]

Paying your deferred VAT

paying deferred vat

The portal to allow you to pay VAT deferred due to Covid-19 is now open If you deferred paying any VAT between 20 March 2020 and 30 June 2020 you can now:- pay the deferred VAT in full, on or before 31 March 2021 join the VAT deferral new payment scheme […]

Budget 2021 summary and key tax legislation

The Budget 2021

Chancellor Rishi Sunak published the second full Budget since the start of the Coronavirus outbreak on Wednesday 3 March 2021. So, what does it mean for the UK’s taxation landscape?  Almost 12 months on, the Budget laid bare the economic impact of COVID-19 and how Sunak intends to get economic […]

Business owner anxious about finances?

money anxiety

What a time to be in business! Fine if you are Amazon founder Jeff Bezos or own a takeaway coffee van!  We recognise however that some business owners are having a very stressful time and that’s why we are working closely with our Wealth Management team to help clients see […]

HMRC enquiries into CJRS claims

HMRC Enquiry

There is a general impression, both in mainstream media and, more importantly, within HMRC, that up to 10% of claims for CJRS may be “inaccurate.” HMRC has announced that it will be enquiring into claims and it anticipates that about 25% of all claims will be looked into. Whilst we […]

Tax reliefs and tax advice opportunities

more money for my business

With a little glowing light at the end this long tunnel, we want to bring hope and open your eyes to tax advice options that until now you might not have considered for your business. More options than you realise. You’re probably feeling like you’ve exhausted all of the support, […]

Motivation and Motivational Mapping

motivational mapping

What does it mean to me and my people? With most journeys you take you are likely to check a map. A map helps you understand the route you need to take to get to your destination – or goal. Motivation is energy; it is what fuels us to take […]

Residential Finance Costs

rent finance

Back in July 2015 the then Chancellor, George Osborne, announced a change to the way that tax relief for finance charges, in particular loan and mortgage interest, would be given against residential property rents. Rather than reducing the net profit of the residential property business, any tax due would be […]

Business Interruption Insurance Claims

Business Interruption Insurance Claims

Many policyholders will have been celebrating after the Supreme Court ruling on insurance contract wordings went substantially in their favour.  While this may offer hope to SME’s, the ruling may not be the solution for all situations for a number of reasons: Policies have slightly different wordings and only a […]