Essential business preparations for COVID-19

Essential business preparations for COVID-19

Mar 20, 2020

The UK is seeing an unprecedented amount of disruption due to the current coronavirus outbreak and in response the Chancellor has announced a number of measures to help businesses deal with this crisis. Understandably, business owners will be concerned during these ...

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Accessing the latest COVID-19 stimulus

Mar 20, 2020

The Government has pledged more than £330 billion overnight to help businesses struggling with the economic impact of the ongoing COVID-19 outbreak. The Chancellor, Rishi Sunak, has pledged to do “whatever it takes” to help businesses survive through these difficult and ...

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We’re here to help – what to do if you can’t pay your tax bill

Mar 20, 2020

Chancellor, Rishi Sunak, has announced that as part of a package of measures to address the economic impact of coronavirus HM Revenue & Customs (HMRC) will provide Time to Pay arrangements to businesses and self-employed individuals in financial distress and ...

Blog, HMRC, SMEs, Tax

IR35 delayed for a year because of coronavirus

Mar 18, 2020

The Government has announced that the IR35 tax reforms which were due to be implemented on 6 April 2020 have been delayed for a year because of the ongoing coronavirus outbreak. The changes to off-payroll working rules, which would see all ...

Blog, HMRC, SMEs

Is your business ready for the payroll year-end?

Mar 16, 2020

With the payroll year-end fast approaching, you must ensure that your business is complying with the necessary payroll obligations. In this blog we have outlined some key dates and tasks that need to be completed. The key dates are as follows: 5 April ...

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Coronavirus Precautions

Mar 16, 2020

We are committed to containing and delaying the spread of Coronavirus in the UK and so are considering steps to take in the future should this virus become more widespread. At the moment the number of cases in the UK is ...

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Budget 2020 Summary

Mar 11, 2020

Budget summary When Philip Hammond delivered the last Budget 499 days ago, in the midst of the Brexit negotiations, he could not have imagined that the next Budget would be dominated by the spread of a lethal contagion. Nor is it likely ...

Blog, Money, SMEs

Almost a fifth of businesses fell into their overdraft in past year

Mar 05, 2020

According to the latest industry research, almost one in five small businesses fell into their overdrafts in the last year in a bid to manage their cash flow. The survey by cashflow management company Fluidly involved 19,799 companies and found that ...

Blog, HMRC, Tax, VAT

Everything you need to know about the construction industry scheme VAT reverse charge

Mar 02, 2020

HM Revenue & Customs (HMRC) announced a 12-month deferral on the domestic reverse charge last year, which will now apply to construction services from 1 October 2020. The reverse charge legislation will place responsibility on the contractor to account for the ...

Blog, Business Advice, HMRC, SMEs, Tax

Chancellor offers reassurance regarding ‘soft’ IR35 landing

Feb 27, 2020

The new Chancellor, Rishi Sunak has offered reassurance to contractors that HM Revenue & Customs (HMRC) will ensure a soft landing is in place for the first year following the implementation of the IR35 rules. This means that HMRC will not ...

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