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Unplanned Remote Working Expenses During Lockdown So, you’ve had to buy an upgraded internet connection, a proper desk and chair, additional equipment for your employees and contractors so they can get their work done. What and how much of these expenses are tax deductible? I use the office in my house to work in – [...]
Covid Support for Limited Companies – Where and what? Back in early January, Rishi Sunak announced a new round of lockdown grants and support schemes for small businesses. But how much of this covers Limited Companies and do you qualify? There is still considerable confusion surrounding support for Limited companies and many are going without [...]
IR35 is about to change, is your company ready? The government decided to postpone the IR35 rule changes as Covid kicked off and the world came to a grinding halt. But, as of April 6th, the changes will kick in and, it would appear that, most businesses aren’t ready for it. Here’s the big change [...]
Working from home and Tax – can you claim for anything? Since COVID-19 walked into our lives early last year, working from home has become the norm for a huge percentage of the working population. Whether you call it working from home, or working remotely, what was once the domain of the self-employed is now [...]
Finally we can say goodbye to 2020! It’s been a year none of us will forget, but one, I’m sure we’re all happy to see end. Despite the difficulties that 2020 has presented, we have grown & welcomed lovely new clients along the way. There is light at the end of this long COVID-19 tunnel [...]
2020 has been quite the year, and I'm sure, like everyone you'll be glad to see it gone. As we enter yet another lockdown, it's hard to stay positive, but there is light at the end of this very long, difficult tunnel. With the vaccination programme already rolling out, we'll be out of this soon [...]
The world around us is changing fast, and accounting during COVID-19 is no exception. COVID-19 has presented us all with challenges (and opportunities) we could never have foreseen. But we're here, and it's time to step into a new era of doing business (like it or not). Life post-pandemic is shaping up to be radically [...]
For a small business owner, getting your finances right is crucial ... thank you Captain obvious. We all know that, but did you know that 50% of small businesses fail within their first 5 years due to avoidable financial mistakes. To help small businesses flourish, we’ve put together a list of 5 financial mistakes small [...]
Whether you are just starting out, looking to grow, or you’ve got the contractor business model down to a tee, having an accountant is a must. Every business - especially new businesses - need financial guidance to help achieve growth and to keep ahead of potential issues caused by lack of financial planning. No matter [...]