The latest accounting and tax news

24th March 2022 / Government Updates

The Chancellors Spring Statement

The Chancellor, Rishi Sunak, has released his Spring Statement. In this blog we highlight some of the key points that may affect you:

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26th January 2022 / Core Accounting

Do I really need to use software to do my bookkeeping?

It is not a myth! Using accounting software like QuickBooks Online will make your life easier when doing your bookkeeping. It will save you time and, in the long run, money. Once you have adapted, you wont go back...!

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17th November 2021 / COVID-19 Updates

Omicron Business Support Grants for Engalnd

Rishi Sunak has just announced additional help for businesses in the hospitality sector. It is estimated that the scheme will cost the Government £683m.

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28th October 2021 / Tax

What will the 2022/23 Tax year look like for you?

With the Covid-19 virus continuing to impact upon our lives and with issues surrounding rising food prices and heating costs, the Universal Credit squeeze and labour shortages in certain sectors, up stepped the Chancellor of the Exchequer, Rishi Sunak, to deliver his second Budget this calendar year.

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6th October 2021 / COVID-19 Updates

Government support – what has changed?

As you are probably already aware, the furlough scheme recently ended; but there have been other changes to the support the Government offered during the Covid-19 pandemic. We've summarised some of the recent amendments around insolvency.

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6th October 2021 / B1G1

Making a Difference and the lessons we can learn

B1G1 is a social enterprise with a mission to create a world full of giving by embedding giving activities into everyday business operations. We are proud to be a member and to support their worldwide initiatives. They have now reached over 270 million giving impacts!

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15th September 2021 / Tax

The New Health & Social Care Levy

We've summarised the key and what we believe are salient points from the new Health and Social Care Levy announced by Boris Johnson recently.

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31st August 2021 / Tax

Phase two of Making Tax Digital for VAT is fast approaching

VAT registered businesses with a turnover of less than £85,000 will now need to switch over to Making Tax Digital. Any business that is VAT registered needs to be aware of the requirements. We can help and we have summarised the process.

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25th August 2021 / COVID-19 Updates

Are you a hospitality business?

Remember, the 5% VAT rate as regards the supply of accommodation, food and non-alcoholic drinks within the hospitality sector comes to an end on 1st October 2021. We've summarised what this means for your hospitality business.

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24th August 2021 / Tax

How might IR35 and Off-Payroll Working affect me or my business?

Are you self-employed in any way and do you provide services to another business? If so then it is important that you familiarise yourself with the IR35 criteria and the off-payroll working rules.

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