Tag Archives: accountancy firm newcastle

Guidance for SMEs to Futureproof their business

In March, immediately after the Chancellors latest budget, we asked SMEs across the UK to share their outlook for the next 12 months.  The findings make for interesting reading – including: 46% of businesses with less than £250k turnover are expecting reduced income over the next 12 months. 67% of […]

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 […]

Is being in business stifling your freedom?

freedom of mind

Did you set up your own business under the premise that you would have more time, flexibility, and freedom – but it just hasn’t worked out that way? You may be getting lost under all those business owner hats and feeling overwhelmed. You may feel slightly sad at the ‘loss’ […]

The 5 key things business owners should do in January

checklist for businesses

It’s been almost a year since the first lockdown and arguably, as business owners we are all getting used to pivoting, working remotely and restrictions being placed on all aspects of our lives. But that doesn’t make it easier and it can be overwhelming to keep on top of the […]

Claiming the third tranche of SEISS – a Sting in the Tail?

SEISS

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 […]

Paying your 2019-20 tax bill in January 2021– start thinking now

tax return

You will be aware that HMRC allowed Self Assessment taxpayers struggling to pay their 2019-20 tax bill due to coronavirus (usually due by 31st July 2020) to opt to settle the majority of this on 31st January 2021 instead. For people with cashflow issues this will have been a welcome […]

Restart and Recovery Grant – funding for RL services

restart and recover

The North East LEP region has been awarded £2.4 million of ERDF funding to support SMEs to recover from Covid19.  If you have been directly impacted by the coronavirus pandemic you could be eligible to apply for grants between  £1,000 to £3,000 to access one to one expert advice on […]

Robson Laidler secures £11m for businesses

Graham Purvis Robson Laidler

We’ve helped businesses across the region secure £11 million in financial support during the Coronavirus pandemic, saving 600 jobs to date. With a ‘business as usual’ approach our team has worked continuously throughout lockdown giving expert advice to business owners to claim Government grants and loans as well as advice […]

Claiming R&D Tax Relief? Be careful how you use Coronavirus financial support

R&D tax relief

R&D tax relief for SMEs is so generous that it is considered to be a Notified State Aid by the European Commission.   The problem is that much of the financial support brought in by the Government for businesses during the Coronavirus pandemic is also considered to be Notified State […]

Company cars and private use

company car

The deadline for submission of forms P11D and P11D(b) to HMRC advising of benefits in kind provided to employees, is 7 July 2021. Employers need to look at this now, particularly as the provision of company cars and furlough may provide problems. A benefit in kind tax charge arises where […]