By Tom Maxwell In Advice, BlogPosted 22/02/2022 Where does the money go? With ever increasing supplier prices, managing your businesses cash and understanding the flow are now vital tools in maintaining resilience and being able to adopt flexible strategies for [...] 0 Read More
By Tom Maxwell In Advice, Blog, NewsPosted 15/02/2022 The importance of a shareholders agreement For limited companies, when it comes to making decisions, Company Law states shareholders who own more than 50% can pass a motion at a company meeting regardless of the views of other [...] 0 Read More
By Tom Maxwell In Advice, Blog, NewsPosted 09/02/2022 Directors may be liable for overclaimed CJRS grants Where HMRC believe a company (including LLPs) is insolvent or about to become insolvent, and overclaimed CJRS grants owed will not be paid, they may give a notice making an individual (or [...] 0 Read More
By Tom Maxwell In Advice, Blog, NewsPosted 09/02/2022 What’s your growth strategy? A company might have a great product or service but without a business growth strategy to help it define, articulate and communicate where it is going, it may not grow at all! A growth strategy [...] 0 Read More
By Tom Maxwell In Advice, Blog, NewsPosted 31/01/2022 HMRC guidance on VAT place of supply of services HMRC have recently updated their internal VAT manual to clarify the “place of supply” rules for services. This is one of the most complex areas of VAT legislation and of course the rules changed [...] 0 Read More
By Tom Maxwell In Advice, Blog, News, Tax TipsPosted 31/01/2022 Personal tax planning ahead of April 2022 The costs of keeping the country running through covid were huge and inflation is expected to add to the country’s debt. The Office for Budget Responsibility has indicated that the treasury will [...] 0 Read More
By Tom Maxwell In Advice, Blog, NewsPosted 25/01/2022 Prepare your business for Making Tax Digital (MTD) for VAT Making Tax Digital for VAT becomes mandatory for all VAT registered businesses from 1 April 2022 Businesses with a taxable turnover above £85,000 have already been required to follow Making Tax [...] 0 Read More
By Tom Maxwell In Advice, Blog, NewsPosted 24/01/2022 Gove closes tax loophole on second homes Owners of second homes who abuse a tax loophole by claiming their often-empty properties are holiday lets will be forced to pay under new measures announced by the government. Currently, owners [...] 0 Read More
By Tom Maxwell In Advice, Blog, NewsPosted 20/01/2022 The Statutory Sick Pay Rebate (SSPR) service is now open. If you employed fewer than 250 employees on 30 November 2021 and have paid Statutory Sick Pay to your employees for COVID related sickness absences, you could be eligible for a rebate. Employers [...] 0 Read More
By Tom Maxwell In Advice, Blog, NewsPosted 19/01/2022 Be careful of rebate claim agents and fake refund promises. The rapid growth of tax rebate claim agents is raising concerns after recent flurry of fraudulent activity by tax refund companies. Some businesses appear to be taking advantage of tax relief [...] 0 Read More