Can I start a new business while I’m on furlough? Oh yes indeed! We’ve seen some fantastic businesses launched over the last year that have really worked during (and often …
Can I split up my business to avoid registering for VAT?
If your sales are approaching £85,000 in the last 12 months, then you are also approaching the threshold where you must register for VAT. You might have decided you do …
How to defer your VAT from Lockdown 1.0
During Lockdown 1.0, business owners had the option to delay (defer) paying their VAT bill for VAT payments due between 20th March 2020 and 30th June 2020. For most businesses, …
5th April is coming! Top 10 things to do before the end of the tax year
The end of the personal tax year is approaching fast, but don’t panic! There is still time to do a few things to save tax / lower your tax bill. …
Don’t miss out on £2000 tax free from your company!
Fancy £2k tax free from your own business? Of course you do! If you are a limited company owner (i.e. a shareholder), it is quite likely you will be paying …
The Budget 2021 – A Summary
Another Budget speech has been and gone. The Chancellor, Rishi Sunak stood up on 3rd March and let us know his plans for the country’s finances. In this blog we …
CIS Reverse Charge Explained
What is it? The ‘CIS reverse charge’ scheme comes into force from the 1st of March 2021. This scheme means that if you are both CIS and VAT registered, the …
COVID Business Support Update (February 2021)
After a flurry of covid business support announcements over 2020, 2021 has started very quietly. We expect further announcements in late February, but particularly on the 3rd of March – …
Company Registers: What You Need To Know
Company Registers are very important legal documents for your company. In this blog we give you a summary of the information you need to know as a small business owner. …
Tips for Starting a Business in 2021
Is 2021 the year you’ll get going with that startup business? If so, you are in the right place! We get to work with many great new start-ups as accountants, …