BUSINESS
What is a Virtual Financial Controller (VFC)?
A Virtual Financial Controller... What is one of those? If you run a business and cannot justify employing a full time qualified chartered accountant to help you manage your...
£20m of new grants for small businesses!
Thousands of smaller businesses in England are set to benefit from £20 million of new government funding to help them recover from the effects of the Coronavirus through...
Agriculture and Horticulture and R&D
Is your farming or horticultural company innovating to improve your business? This could mean that you can claim research and development (R&D) tax relief... R&D is...
Identification and assessment of risks of material misstatement in an audit of financial statements
The Financial Reporting Council (FRC) has issued a revision of its standard for the identification and assessment of risks of material misstatement in an audit of financial...
National Living Wage – Have you got it right?
The minimum hourly rate is published annually by the government and takes effect from 1 April each year. The amount an individual is paid is determined by both their age and...
Filing deadlines at Companies House – COVID-19 Update
The Corporate Insolvency and Governance Bill received royal assent on 25 June and is now an Act.  The measures introduced by this law will affect filings at Companies House to...
Eat Out to Help Out Scheme – Register NOW!
From today registration is open for the Eat Out to Help Out Scheme. Businesses where food is sold for immediate consumption on the premises are eligible to register for the...
5% Reduced VAT rate for the Hospitality sector
The Chancellor has announced a cut in the rate of VAT from 20% to 5% for the hospitality sector including – Restaurants Pubs Bars Cafes Hot takeaway food The reduced rate...
Self Employed Income Support Scheme Reminders
As more and more businesses are being able to function normally with the restrictions changing, we wanted to remind you of the deadlines and changes to the Self Employment...
Reminders, Rule relaxations and protecting yourself!
We offer a Tax Investigation Service to protect our clients should they receive a HMRC enquiry. Any HMRC return can be selected for investigation, and with the increase in...
Agriculture, horticulture, tax and COVID-19
Have you got the cashflow that you need ? Most blogs will talk about the bank loans you can get to recover from Covid 19, but what other sources of money are there to...
Structures and Buildings Allowance (‘SBA’) – are they worth the effort?
This article deals with the structures and buildings allowance. Originally introduced on 29 October 2018, HMRC have updated the allowance from April 2020. Are you intending to...