Chris

The saying goes, “The only two certainties in life are death and taxes,” and it is certainly true that tax is prevalent in pretty much every part of your life involving formalised commerce. Avoiding paying taxes is a crime, and you can find yourself in terrible trouble if you get caught doing so. However, aside […]

Tax Return Deadline The deadline for online tax returns in the United Kingdom, for the tax year starting the 6th of April 2019 and ending the 5th of April 2020, is the 31st of January 2021, at midnight. If you fail to submit your tax return, then you may be liable to pay pricey penalty

The new year is bringing in some exciting potential changes to business rates. Our government is conducting a review of the entire business rate system, with results likely to be announced in Spring 2021. This is occurring due to the widely held opinion that the current system is in need of updating since it is

New year, new you. We’ve all gotten through a tough year and are entering one which may only get tougher. However, this is the best time to reflect and put into practise everything we have learned. The way in which business is conducted may be changed forever, and it is true that certain things will

We are now firmly out of the Christmas and New Year period, which means we are now firmly into 2021. 2020 has been, popularly, named “the worst year ever”, “the crisis year” and other such sensational names. All over the world, people have been expressing their relief that it’s over. A year is just a

You may think that at the end of a long hard year, like 2020, your staff and customers deserve an extra bonus or gift so you can show your gratitude. Gifts for your customers do fall into the category of entertainment, an expense which is not usually tax-deductible. However, there are some exceptions to this

As Dolly Parton iconically sang, regular 9-5 working hours can be soul-destroying. Although it is true that for some people, working the same hours every day and sticking to a structured routine can be beneficial, for many of us, it has been linked to higher incidences of stress-related illnesses. Where did the 8-hour workday come

Working from home is one of those things that works better for some people than others. If you are naturally self-motivated and prefer your own company, it can be a preferable option to commuting to an office every day. When we consider also the disparity in opportunities available in different parts of the country, with

With the new lockdown imposition, the government has announced extensions to the self-employed income support scheme (SEISS). This is in the form of two more grants, which are available to apply for. Similar to the job retention scheme, the government is paying up to 80% of self-employed peoples’ profits. The total grant is based on

As is the case in any situation where large sums of money are involved, a new type of financial crime has snuck onto the scene. This crime is Covid Fraud. With 150 support schemes announced by the government, the guidance for which being woolly at times, vulnerable people in need of support have found themselves