by Simon Baxter | Jul 27, 2021 | Business Updates
My advice to someone starting a business takes account of all the failures I have observed over the years as a practising management accountant. Running a business exposes you to new challenges and often to extreme competition. (Think of the effects of Trip...
by Simon Baxter | Jun 23, 2021 | Business Updates
Normally a Company can carry back a loss against its previous year. The budget announced a temporary extension to allow losses to be carried back up to three years. This can trigger a refund of tax paid in these previous years. In detail, Companies having accounting...
by Simon Baxter | Jun 14, 2021 | Business Updates
Covid-19 successor loan now up and running The 2021 Budget announced a replacement of the Bounce-Back and other Covid loan schemes. It is called the Recovery Loan Scheme (RLS) and is now open to applications. It runs until December 2021, subject to review. You apply...
by Simon Baxter | Jun 1, 2021 | Business Updates
Many things have changed because of the pandemic. We have changed, and we hope, for the better. We plan to do all our Client’s tax returns early this year in order to give you peace of mind. Thus, you will know how much tax you need to pay well in advance, and know...
by Simon Baxter | May 18, 2021 | Business Updates
Help to pay taxes Small businesses or self-employed people who are struggling to pay their corporation tax, income tax, PAYE, or VAT can call HMRC’s ‘Time to Pay’ helpline for help and advice, with options to defer or delay payment: 0800 0159 559...
by Simon Baxter | May 11, 2021 | Business Updates
The New Apprenticeship Incentive Scheme has just been announced and is available to all employers to support the recruitment of new apprentices. As an employer, you will be eligible for up to £3,000 for each new apprenticeship opportunity created from 1 April 2020 to...