Just when we though there was light at the end of the tunnel, the dreaded second wave has begun. Not just that- it’s almost time to put the heating on and it’s getting harder to get up in the morning as it’s still dark! There has been talk in the Read more…
What is this thing which my accountant keeps on talking about? After the financial year end of your limited company, one topic which often gets discussed is something called a Director’s Loan Account. But do you even know what it is? Let’s go over the key areas. What is it? Read more…
I often hear plumbing and heating businesses ask: “What should my payment terms be?” That’s a very broad question but hopefully this blog will open your mind and give you the tools needed so that you can answer the question yourself. Because ultimately, you- being the business owner, you have Read more…
HMRC CJRS Compliance Letter It has come to my attention that HMRC have started to send out Coronavirus Job Retention Scheme compliance letters to selected employers where they believe that CJRS grant claims contain errors or have possibly been ‘fraudulently’ made. The letters appear to be pretty vague, stating that Read more…
I hope you are all keeping safe and well. As the new ‘rule of 6’ comes into force and local lockdowns are popping up all around the country, it seems like an ideal time to update you on additional support that has become available. As the weather cools, I feel Read more…
What is the aim of the Kickstart Scheme? It is to provide work experience for individuals (aged 16-24) on Universal Credit and deemed to be at risk of long-term unemployment. Who can make the Kickstart application (KSA)? Any organisation in England, Scotland and Wales but not in Northern Ireland. An Read more…
I hope you have all enjoyed the summer bank holiday weekend, even though it has felt very much like autumn for most of it! I have a few updates for you….. The Coca-Cola case – Van v Car You may recall last year’s court case between, Coca-Cola and HMRC which Read more…
I hope you had a good weekend and have managed to avoid the downpours! I would like to share with you, information I have on a grant scheme that you may be entitled to. This is currently available in England only. The details are as follows: There is a new Read more…
Motor Vehicles Accounting and Taxation for Your Business Accounting and taxation for motor vehicles is a complex area in general. The aim of this blog is to provide a general overview of accounting and taxation on motor vehicles for your business and what is allowed and disallowed in different Read more…
Good day. If you haven’t melted over the weekend, given yourself food poisoning from the barbecue or overdone it with the strawberry daiquiri’s (guilty) you may find some of the information below useful. It may not all be relevant to you but take from it what you need. If you would Read more…