News

 

Coronavirus Recovery Grants for SME’s

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...

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The Chancellor’s Winter Economic Plan – The Headlines 

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. ...

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Working From Home – How to Claim Tax Relief

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...

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The Chancellors Summer Statement 2020

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...

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Company Cars – Are They Worth it? 

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...

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Budget Day 2020 – A Bitesize Review

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...

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7 Tips for a Healthy Cash Flow

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,...

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Why Sole Traders Should Embrace Cloud Accounting

Cloud Accounting: Work Smarter Not Harder When working as a sole trader you aim to reduce the time you spend in the office bookkeeping so you can get on with doing your trade. You may have heard buzz words like ‘The Cloud’, ‘Cloud Accounting’, ‘Automation’, ‘Xero’;...

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Company Christmas Parties – Tax Implications

The Christmas season is almost upon us, the tree is going up and the girls in the office are buying their little black dresses. It’s the time of the year where you thank your employees for all their hard work & show them how valued they are to the company. When...

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