By Tom Maxwell In Advice, Blog, News, PayrollPosted 02/03/2022 Prepare for the Health and Social Care Levy When the Health and Social Care Levy takes effect on 6 April 2022 your National Insurance contributions may rise. The increased contributions will go towards funding the NHS, health care, and [...] 0 Read More
By Tom Maxwell In Advice, Blog, NewsPosted 01/03/2022 Last chance for pre-April tax planning? The new tax year starts 6 April 2022, so you have one month to consider your options, once we pass this date the majority of the tax planning options for Income Tax and Capital Gains Tax purposes [...] 0 Read More
By Tom Maxwell In Advice, Blog, NewsPosted 24/02/2022 Final claims for the Statutory Sick Pay Rebate Scheme On 17 March 2022 the Statutory Sick Pay rebate scheme will close and you will no longer be able to claim back Statutory Sick Pay (SSP) for your employees’ coronavirus-related absences or [...] 0 Read More
By DBS In Advice, BlogPosted 22/02/2022 Why every business should have a cash flow forecast Many business owners can see creating a cash flow forecast as a complicated, time-consuming affair. However, it doesn’t have to be. There are ways you can make the process simpler and carrying [...] 0 Read More
By Tom Maxwell In Advice, Blog, NewsPosted 22/02/2022 Changes to Accounting for VAT on Imports for Users of Flat Rate Scheme There are important changes from 1 June 2022 for small businesses using the Flat Rate Scheme who are importing goods and using postponed VAT accounting. Those businesses using the Flat Rate [...] 0 Read More
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