
Protecting Your Business Since the time COVID has started business owners specially in vulnerable sectors predominantly retailers, leisure and entertainment trades, will have seen their hard-won capital all but exhausted by the needs to meet fixed costs when income generation has been restricted or eliminated by lock-down directives. The situation is more or less the same for the rest of the business sectors.
And this is in spite of the valiant attempts by the Treasury to provide financial support to those businesses in the COVID firing-line.
Even with a gradual taming of COVID infections as the vaccines start to do their work, we probably have at least another six months of disruption to cope with before its back to business as usual.
Protecting Your Business In the face of these challenges, what can beleaguered business owners do to protect their capital base and be in a position step back into the ring as and when consumers start to edge out of their front doors and start spending?
I suggest the businesses should look at their business in the following way:
Finally, speak to us.
There is no substitute for sharing this planning process with your professional adviser. We know your business.
We can, and we want to help. Contact us now so we can start to unravel your options.
HM Revenue & Customs is increasing scrutiny of VAT practices across the UK construction sector as part of a wider...
A UK tax tribunal has ruled that operators of community electric-vehicle (EV) charge points may apply the 5% reduced VAT...
A recent UK tax tribunal decision in Story Terrace Limited v HMRC [2025] UKFTT 01554 (TC) has clarified how VAT...
Researchers examining global financial crime enforcement argue that recognising tax evasion as corruption could help governments hold financial criminals more...
Fresh HMRC figures have reignited an old VAT debate: whether the UK’s compulsory VAT registration threshold is creating a “cliff...
The UKDI fast-paced innovation competition has entered a new phase after the UK Ministry of Defence’s innovation unit, UK Defence...
The Court of Appeal has rejected the latest legal challenge to adding VAT on UK private school fees, confirming that...
Many sole traders and landlords are used to dealing with their tax once a year. Records are often pulled together...
Attracting and retaining skilled employees has become more challenging for UK businesses, particularly for growing companies that need to manage...
A growing number of independent schools have chosen to leave the Teachers’ Pension Scheme (TPS). Recent reporting, based on a...