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Are your Child Benefits under threat?


For some time now, HMRC have had the power to claw back some or all of the Child Benefits you receive if either parent’s income exceeds £5... Read More >>
Tax Diary May/June 2021


1 May 2021 – Due date for Corporation Tax due for the year ended 30 July 2020. 19 May 2021 – PAYE and NIC deductions due for month ended 5... Read More >>
Advisory Fuel Rates from 1 March 2021


The advisory electricity rate for fully electric cars is 4 pence per mile. Hybrid cars are treated as either petrol or diesel cars for advisory fuel r... Read More >>
Averaging profits for creators of literary or artistic works


A special relief is available for creators of literary or artistic works under which they can claim to add together their profits for 2 years and be t... Read More >>
Charity – using a subsidiary trading company


One or more charities can set up a subsidiary trading company to trade on their behalf. This may be a useful strategy if your charity: makes profits o... Read More >>
A new government-backed loan scheme


A new Recovery Loan Scheme was launched 6 April 2021, to provide much needed liquidity to businesses affected by COVID lockdown measures. Under the sc... Read More >>
Data Protection obligations


Everyone in business that handles personal data must register for data protection purposes with the Information Commissioners Office. Most business wi... Read More >>
Beware trading into insolvency


The present pandemic has created just the right conditions for certain businesses to trade their way into insolvency. As we start the gradual withdraw... Read More >>
New build your own home funding


Considering a home build? It would seem that government is keen to support this activity as they have just announced new plans to provide over £150 m... Read More >>
New Recovery Loan Scheme


A new government backed loan scheme was launched 6 April 2021. A recent news story confirming the details is reproduced below: The scheme, which was a... Read More >>

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