The Chancellor, Rushi Sunak, has announced today, a world-leading scheme to support the UK’s self-employed affected by the coronavirus outbreak. Direct cash grant of 80% of their average trading profit over the last three years, upto £2,500 per month for three months Millions of self employed individuals will receive direct …
Coronavirus (COVID-19): advice for employers and employees if the workplace needs to close temporarily All non-essential premises must now close. This includes cafes, pubs restaurants, leisure centres, cinemas, theatres, Gyms, electronics and clothing shops. This will be a difficult time for both employers and staff, so its a good idea …
This last week has seen some serious developments in regard to the Covid-19 pandemic. With schools across the UK being closing from today (Friday 20th March 2020) we will be homeschooling our children until further notice and remaining isolated as we have vulnerable family members. We will continue to operate, …
In the ever changing political climate following the public vote to leave the EU and despite businesses scrambling again to get their businesses ready for leaving the EU under a no deal exit for the 31st October 2019, we are no closer to knowing when this current saga will in …
With the ringing in of the New Year, comes the inevitable looming 31st January Self Assessment Deadline and it always surprises me how many sole traders and individuals with tax affairs that require filing, call us in the last few weeks leading up to the deadline. I have been quite fortunate …
MTD – Making Tax Digital will change the way we all work and it has become mandatory from 1st April 2019. It’s part of the government’s plan to make it easier for businesses to stay on top of their day-to-day accounts. HMRC wants to be one of the most digitally …
HMRC introduced simple assessment from 11 September. It starts the process of ending the annual tax return for those with straightforward tax affairs. Simple Assessment is a new way of collecting tax which will make life easier for millions of taxpayers who have had to do Self Assessment tax returns in …
I recently spoke with someone who didn’t realise that there was a legal requirement to have certain bits of information on their invoice. So I decided to produce a new page on this website, Keeping Your Books In Order which I will keep adding to over the next few weeks giving information …
Well, September flew by and now we are nearing the end of October. With the falling of the leaves and the cold nights, people have been turning on their central heating and my husbands work phone has been ringing at all hours, with requests for him to fix their boiler. …
It is only a month and a bit until the new year, which signals the looming deadline for self-assessments to be submitted to HMRC by January 31st. With the approach of the end of the year, there is always an influx of new business where sole traders ask for help getting their …
