Insights & Articles

A new scheme, aptly named Breathing Space, was launched 4 May 2021. Breathing Space will give those facing financial difficulties…

1 May 2021 - Due date for Corporation Tax due for the year ended 30 July 2020. 19 May 2021…

As with Income Tax personal allowances, taxpayers have an annual exempt amount for Capital Gains Tax (CGT) which is forfeited…

HMRC must be informed when a non-trading or dormant company starts trading again and becomes active for Corporation Tax. Companies…

A salary sacrifice arrangement is effectively an agreement to reduce an employee’s entitlement to cash pay, usually in return for…

One of the measures announced at the Budget was the introduction of a new Mortgage Guarantee Scheme to

The new Recovery Loan Scheme was launched on 6 April 2021. The new scheme allows businesses of any size

If you are self-employed as a sole trader or as a partner in a business partnership, then you must keep

HM Treasury has published a further Treasury Direction made under the Coronavirus Act 2020, ss. 71 and

Where an error on a past VAT return is uncovered, businesses have a duty to correct the error as soon…

The tax treatment of charities can be complex. Many charities trade either as part of their charitable

There is a poignant similarity between the effects of COVID on us personally and our

Costs are defined as something that has to be paid or spent to acquire something. Costs include the

HMRC’s new points-based penalty regime for late submission and payment will start from 1 April 2022. The

As part of the March 2021 Budget, the Chancellor announced that the temporary £20 weekly uplift in

There have been a significant number of measures introduced to help those experiencing financial

Self-employed individuals (including partnerships) who have overclaimed the Self Employed Income Support

Even the unseasonably cold weather does not seem to have stopped people in England getting their first