Blog
What the Budget actually delivered
To the casual observer, the first Budget of 2021 appeared to have been fully revealed before the Chancellor even reached the despatch box. The relentless flow of pre-Budget rumours, kite-flying and red herrings makes it is all the more important to forget what was...
Budget 2021 – What to look out for?
Tomorrow Rishi Sunak will present his second Budget within 12 months. For many commentators, it is perhaps the pivotal Budget of this parliament. Pre-Budget leaks and interviews have put the focus squarely on continuing key pandemic support measures through,...
Insuring your most valuable business assets
If you’re a business owner, there will be plenty on your mind as you concentrate on the daily running’s of your business. But if you or another key worker were to fall ill, how would your business cope? How would this affect your profits? How would it effect your...
Insolvency and Liquidation – A quick guide
If your business is experiencing financial challenges, as many will be this year, then the best thing you can do is to face the problem head on. It might be tempting to ignore financial problems in the hope that they go away, but of course they rarely do, and the best...
What does the HMRC self-assessment extension mean for you?
If you have not yet filed your self-assessment, the February extension gives you more time, but interest will still be added starting immediately. To the relief of many and with just days to go before the official 31 January deadline, HMRC granted a much-needed...
Look out for changes to Capital Gains Tax
Last year chancellor Rishi Sunak commissioned a report by the Office of Tax Simplification (OTS) to consider the scope of the current Capital Gains Tax. It was widely reported that the findings would result in changes to the current rates, allowances, exemptions and...
COVID-19 Latest Support Measures
As the third Covid-19 lockdown took effect on 5 January 2021, the Chancellor announced a further £4.6 billion in grants to the retail, hospitality and leisure sectors. This new round of support follows extensions to the job retention and loan schemes revealed on 17...
The World of Payroll
You might think that the hard work is done once you’ve successfully recruited those brilliant new staff members, but just like everything else in business, the reality is that its only just begun. Payroll is one aspect that can be more complex than originally anticipated.
Can anyone afford not to have a Lasting Power of Attorney?
Kate Garraway has long been a familiar face on the morning news circuit, but recently found herself in the spotlight for more personal, and difficult, reasons. In March this year, her husband Derek Draper contracted Covid-19 and has remained very seriously ill, including
Local Restrictions Support Grant
The coronavirus Local Restrictions Support Grant provides financial assistance to businesses which have been forced to close due to the national lockdown restrictions imposed by the Government between 5 November and 2 December 2020. Through the grant, eligible...
Economic Support – Latest Update
Following various amendments to the Furlough scheme (CJRS), the Government confirmed on Thursday 5 November that the UK wide scheme would be extended by a further five months, taking it until the end of March 2021. Extended support was also announced for millions of...
Are you risking your personal assets to get ahead in business?
In the wake of this year’s pandemic, applications for Personal Guarantee Insurance (PGI) have increased sharply. While the deadlines for Government backed loans such as BBLS and CBILS have been extended until the end of January 2021, it seems lenders are only...
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