Recent issues for EMI schemes
When it was first introduced in 2000, the Enterprise Management Incentive (EMI) scheme had an initial life expectancy of around five years, but arrangements proved
January 9, 2021
Self Assessment Tax Returns: Don’t Miss The Deadline
Self Assessment Tax Returns Deadline: 31st January 2021 If you are self employed, you must know the deadline to complete online Self Assessment tax returns
January 7, 2021
Business rates update
The government is currently undertaking a fundamental review of the current business rates system, including ideas for possible change and a number of alternative taxes.
January 6, 2021
Professional Accounting Services – Top Tips For Small Businesses
Are you looking for professional accounting service in Hounslow? You are at the right place! For many business owners, managing finances is the scariest aspect
January 5, 2021
Small Business Accountants: Why You Should Hire One?
Wonder How Small Business Accountants Can Help You? Are you a small business looking to hire an accountant? or you don’t know whether to hire
January 3, 2021
Student loan repayments: Increased thresholds from April 2021
Repayment of student loans is a shared responsibility between the Student Loans Company (SLC) and HMRC. Employers have an obligation to deduct student loan repayments
January 2, 2021
Postponed VAT accounting from 1 January 2021
The Brexit transitional period comes to an end of 31 December 2020 and various changes come into effect from 1 January 2021. One of these
December 26, 2020
Have you got your EORI number?
From 1 January 2021, you will need an Economic Operators Registration and Identification (EORI) number to move goods between Great Britain and the EU. Prior
December 25, 2020
Grants for businesses affected by national restrictions
Many businesses have been forced to close as a result of the national and local restrictions introduced to slow the spread of Coronavirus. Where this
December 19, 2020
Should I reduce my payments on account?
The deadline for filing your 2019/20 tax return is fast approaching, as is the due date for the first payment on account for 2020/21. Now
December 12, 2020
Letting a property at less than market rent
This year has been difficult for many and landlords may not have been able to secure the full market rent for a property. Landlords may
December 6, 2020
Using your own car in your property business
A landlord running an incorporated business is likely to need to use their own car for the purposes of the business. Where this is the
December 4, 2020
Lockdown 2.0 – Can your holiday let still count as a FHL?
Hard on the heels of a series of local lockdowns, England entered into a second national lockdown from 5 November 2020 to 2 December 2020.
December 2, 2020
Tax implications of making loans to directors
Where a family company has cash in the bank but profits have been adversely affected by the pandemic, directors of a family company may wish
November 30, 2020
More time to pay back deferred VAT and Tax
At the start of the pandemic, VAT registered businesses were given the option of deferring payment of any VAT that fell due in the period
November 29, 2020
Latest measures to support jobs
Following the Prime Minister’s announcement that England will enter a national lockdown from 5 November 2020 to 2 December 2020, the Coronavirus Job Retention Scheme,
November 27, 2020
Top tips for choosing the right small business accountant
Small business accountant – Why do you need an accountant? How to choose a small business accountant? Where should you start? We hope that this
November 24, 2020
Getting ready for off-payroll working
Over the past ten years, various steps have been taken to improve the effectiveness of the off-payroll (IR35) rules, with limited success. In April 2017
November 23, 2020
Picking up on van benefits
An income tax charge will generally arise where an employee, or a family member, is able to use a work’s van for private use. This
November 19, 2020
Virtually time for the office Christmas party
Despite the crazy and uncertain times that we find ourselves living in, directors and employees can still celebrate Christmas in tax-free style – even it
November 16, 2020