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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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23rd March 2021 / COVID-19 Updates

The 4th SEISS grant and what you need to know

So, here we go again. The fourth SEISS grant (this is the Self-Employed Income Support Scheme grant) is upon us. Here we look at who is eligible, as well as when and how much you'll be able to claim.

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22nd March 2021 / Tax

Tax rate changes which may impact your business

Following the Spring Budget announced by Chancellor Rishi Sunak we have put together a summary of the important tax changes that may impact you and your business.

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22nd March 2021 / Tax

The loss carry back scheme has been extended

There has been an extension in the loss carry-back scheme. This is more good news for incorporated or unincorporated UK businesses.

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21st March 2021 / COVID-19 Updates

What do I need to do if I deferred VAT payments during Covid?

Did you defer payment of your VAT bills during the Covid-19 crisis? If you did, then you need to be aware of the following information.

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19th March 2021 / COVID-19 Updates

Coronavirus Job Retention Scheme (CJRS) Support Extended

The Chancellor announced earlier this month an extension to the Coronavirus Job Retention Scheme. The Government have recognised the need to keep the furlough scheme in place so businesses can continue to keep staff employed while they are "re-starting" their businesses

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15th March 2021 / Tax

Low-emission vehicles eligible for ‘plug in’ grants of up to £8,000

The government have released another welcome scheme which gives a discount of up to £8,000 on the price of a brand new low emission vehicle. The grant is issued straight to vehicle dealerships and manufacturers meaning you do not need to do anything if you would like to purchase one of these vehicles.

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12th February 2021 / Tax

Self-assessment tax return penalty update

On 25 January HMRC gave the good news that if you missed the 31st of January deadline to submit your self-assessment tax return, you won't get a late filing penalty as long as you submit your online return by 28 February.

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3rd February 2021 / Tax

Still not filed your self-assessment tax return?

There has been some good news from the HMRC. Due to the coronavirus (COVID-19) pandemic, if you missed the 31st of January deadline to submit your self-assessment tax return, you’ll not get a late filing penalty as long as you submit your online return by 28 February.

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22nd January 2021 / COVID-19 Updates

Support for Musicians

In response to the widespread cancellation of work that has hit the music profession as a result of the Covid-19 pandemic, the Musicians Union has set up a £1M hardship fund that members with genuine and pressing hardship can apply to.


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