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If you’ve recently started earning additional income, come into some money, or have received gains from any investments, you may be required to declare it to HMRC and complete a Self Assessment tax return.  If you’re wondering whether you may or may not need to...

In the early days of starting a business there are so many important choices to make that can often be the difference between setting up for success, or struggling through those first few years.   While most decisions aren’t likely to be as straightforward as ‘make or...

The Minister for regional Growth and Local Government announced on 30th July that small and medium sized businesses (SMEs) will be able to access funding to help them adapt and recover from the effects of the Coronavirus (Covid-19) pandemic.  The £20m recovery grants...

Earlier today, the Chancellor of the Exchequer, Rishi Sunak, laid out the latest package of economic measures intended to continue to support businesses and protect jobs where possible, as the UK faces stricter restrictions in the face of rising coronavirus cases. ...

Over the past few months, an unprecedented number of people within the UK have taken to working from home as businesses around the country close their offices in order to help stop the spread of Coronavirus.  Many pundits believe that home working, or a home & office...

On Wednesday 8th July, the Chancellor Rishi Sunak delivered a summer statement in which he outlined his policies to help kick start the UK economy in the midst of the emerging economic situation, as the worst recession in UK history looms overhead. The Chancellor’s...

A company car is a vehicle provided by the business for both business and private use of an employee who usually is required to travel extensively for their role, for example a regional sales manager. Company cars have pros and cons from the point of view of both the...

As I'm sure you're well aware, Inheritance Tax is a tax levied on an individual's estate - their property, money, and possessions - after their death.  In recent years, this tax has been more and more frequently labelled a 'tax on the dead' and has been a cause of...

On Wednesday 11th March Chancellor Rishi Sunak announced his first budget outlining his government’s planned spending & investment for the 2020-2021 fiscal year. As expected, there are many measures stated to bolster the economy & to try and ease the ‘damage’ caused...

When first starting a business, there’s always one little phrase, one golden nugget of advice that will be constantly drilled into you by pretty much everyone you meet - “cash is king”. While every business owner most likely becomes sick to the back teeth of hearing,...