Blog
Understanding the state pension
The state pension has undergone a lot of change in the past few years, with the latest system put in place on 6 April 2016. Although the Government’s aim was to make it easier for people to understand how much they would receive in retirement, navigating the new...
SEIS: funding for startups
However big and exciting your business ideas are, you’ll need a way to fund them. That’s a common obstacle for many business owners, and there’s no one-size-fits-all approach to it. There are several options you could take to raise finance, depending on the type of...
Brexit: trading in the event of a no-deal
While the deadline for Brexit has been postponed until 31 October 2019, a no-deal scenario is still a very real possibility, and an important one for businesses to consider. Worryingly, an investigation by BBC’s Newsnight revealed that less than 10% of businesses have...
Paying yourself from your company
After investing your time and energy into setting up and running a limited company, it’s rewarding to see all that hard work pay off. At the same time, starting to draw income from your company brings with it a new set of decisions to make – how should you access the...
Research and development tax reliefs: making a claim
If your business is working on new, cutting-edge products or processes, you could be eligible for corporation tax relief through research and development (R&D) credits. These offer support to companies that work on innovative projects in science or technology, by...
Making Tax Digital: What to do if you’re not ready
From 1 April 2019, VAT-registered businesses with a taxable turnover above £85,000 will need to comply with Making Tax Digital (MTD). If this is news to you, or if you haven’t finished preparing yet, you’re not alone. A recent survey from the Federation of Small...
HMRC investigations: what you need to know
Tax investigations are often a stressful experience – there’s no denying that. But a significant part of that stress can come from uncertainty, especially if you’re not familiar with the investigation process. Understanding what to expect in the event that you’re...
Could IR35 affect you next year?
For many people, the new year is a time for a fresh start – whether that’s a lifestyle change, or a new way of working. Contracting is often an appealing option for those looking to make a change, offering a level of flexibility, freedom and independence that’s hard...
Don’t forget self-assessment this Christmas
You might have been counting down the days since October, or maybe you’re just starting to put up your decorations – either way, Christmas is nearly upon us. But while you’re winding down for the holidays, don’t forget that the deadline for self-assessment isn’t far...
How does the Budget affect you?
On 29 October 2018, Chancellor Philip Hammond gave what is expected to be the last Budget speech before the UK is scheduled to leave the EU. To save you the trouble of searching through pages of documents to find out what’s relevant to you, we’ve taken a closer look...