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Is online where your business is headed?

Caroline Hicks Accounting, Business, Business Advisory, Business Support, Business Taxation, Caroline Hicks, Cash flow, Charities, Coronavirus, Hospitality, Industry Sectors, Large businesses, Online Accounting, Outsourced Services, Retail, Small businesses, Start-ups, Tax, Team Member September 23, 2020November 17, 2023bookkeeping, business, cash flow, COVID-19, e-commerce, management accounts, online, online accounting, Tax 0 Comment

Is online where your business is headed?

Even before Covid-19, many business owners were wise to the benefits of having an ‘online’ element to their enterprise. Now though, in the face of adversity and new challenges, these benefits are being enjoyed even more widely. Some individuals are

Van vs. car: what are the tax implications?

Sarah Dixon Accounting, Business, Business Support, Business Taxation, Economic / Business News, Employers, HMRC, Large businesses, Legislation, Personal Taxation, Sarah Dixon, Small businesses, Start-ups, Tax, Team Member, VAT September 11, 2020November 17, 2023annual investment allowance, benefit-in-kind, capital allowances, car, employee, employer, P11D, profits, Tax, van, VAT 0 Comment

Van vs. car: what are the tax implications?

Back in August 2019, we commented on a tax case where a van provided to employees was reclassified as a car. The case, involving Coca-Cola, shines a light on the issues associated with the provision of vehicles to employees and,

Lifetime ISA withdrawals penalty temporarily reduced

Sarah Dixon Coronavirus, HMRC, Personal Taxation, Sarah Dixon, Tax, Team Member May 5, 2020November 17, 2023coronavirus, Government, Lifetime ISA, penalty, savings, Tax, tax planning, tax-efficient 0 Comment

Lifetime ISA withdrawals penalty temporarily reduced

The Government has confirmed that the penalty for early Lifetime ISA withdrawals has been reduced, in response to the Coronavirus pandemic. With thousands of individuals on lower incomes as a result, many are needing to access savings to support themselves.

2020 Budget: Key announcements from Rishi Sunak’s first Budget

Barry Jefferd Academies, Accounting, Barry Jefferd, Business, Business Support, Business Taxation, Charities, Economic / Business News, Employees, Employers, HMRC, Industry Sectors, Inheritance Tax, Legal, Legislation, Payroll, Personal Taxation, Property, Property Taxation, Self-employed, Small businesses, Tax, Team Member March 11, 2020November 21, 2023budget 2020, business, Chancellor, coronavirus, entrepreneurs relief, NIC, SME, Tax 0 Comment

2020 Budget: Key announcements from Rishi Sunak’s first Budget

Rishi Sunak delivered his first 2020 Budget on Wednesday 11th March. This came only weeks after he took over the role of Chancellor from Sajid Javid. Raring and ready to ‘get things done’, Mr. Sunak promised a speech that would

The importance of due diligence when buying a business

Richard Dilley Accounting, Acquisitions and Disposals, Business, Business Advisory, Business Support, Richard Dilley, Team Member January 27, 2020November 16, 2023acquisition, business plan, buying a business, due diligence, management, profit, Tax 0 Comment

The importance of due diligence when buying a business

Buying a business is not a decision that should be taken lightly. Additionally, the importance of conducting thorough due diligence, before any formal agreement is entered into, should not be underestimated. Whether you are acquiring the shares in a company

The Loan Charge review; recommendations and government response

Barry Jefferd Accounting January 21, 2020November 16, 2023HMRC, Income tax, loan charge, national insurance contributions, self-assessment, Tax, taxpayers 0 Comment

The Loan Charge review; recommendations and government response

Originally announced in 2016, the so called ‘Loan Charge’ came into effect on 5 April 2019. The measures sought to target users of disguised remuneration schemes. These schemes saw workers paid in loans rather than receiving income in the traditional

P11D’s; Have you told us about your health insurance policy?

Samantha Green Academies, Accounting, Business, Business Support, Charities, Construction, Deadlines, Employers, HMRC, Industry Sectors, Legal, Legislation, Payroll, Property, Samantha Green, Small businesses, Tax, Team Member October 24, 2019November 16, 2023employers, expenses, health insurance, HMRC, national insurance, P11D, PAYE, Tax, taxable benefits 0 Comment

P11D’s; Have you told us about your health insurance policy?

A health insurance policy that is paid for by you as an employer, on behalf of an employee, is considered to be a taxable benefit in kind by HM Revenue & Customs (HMRC). Subsequently, this benefit should be reported to

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