Blog
Transition – Exports
Status Changes Following transition, the UK will stop being part of the EU, EU free trade rules will no longer apply and goods going [...]
Transition – Staff
Status Changes Following Transition, the UK will stop being part of the single market for trade and labour, and hence be a different territory [...]
Transition – Licences & Certification
Status Changes At the end of transition the UK stops being a member of EU so the EU and UK become different territories, with [...]
Transition – Personal and Business Identity
Status Changes When transition ends then the UK stops being a member of the EU, so the EU and the UK become different territories [...]
Transition – What is Brexit Transition?
Brexit is the common name for the event of the UK leaving the European Union, which officially happened on 31stJanuary 2020. However, a transition [...]
Why is the tax year end 5th April?
Once a upon a time someone invented the clock. For years we had been using the sun to [...]
Lockdown 2 the new rules
England has a new lockdown from 5th November to 2nd December. But this is very different from last time when everything closed. With most [...]
New Three Tier Lockdown
We now have a three-tier lockdown system for England, restricting some activities, with specific exceptions. There are new grants available to those businesses told [...]
Winter Economy Plan Part 2 – Closed Businesses
As we move into the next phase of Coronavirus the Chancellor has announced some new grants for closed businesses. The previously announced schemes are [...]
Auto-enrollment Anniversary
Auto-enrolment became compulsory for all existing businesses in April 2017, and all new business in the following months - that is just about 3 [...]
The Winter Economy Plan
The chancellor has decided to cancel the planned Autumn Budget this year. The last budget in March was just before lockdown, and we have [...]
Government Assistance Schemes Ending
Self-Employed Income Support Grants The portal is now open for claiming the second and final self-employed income support scheme grant. You can claim this [...]
Expenses when Travelling on Business
It is very common to travel for business and hence HMRC have give us rules on what they consider reasonable expenses for an employee [...]
Mini Budget July 2020
The chancellor has announced changes in an economic statement – not a budget. The focus of this mini budget was job creation, being advertised [...]
Sick Leave & Coronavirus
VAT (Value Added Tax) is a tax on spending. The person who want the goods or services and uses them to their own ends [...]
Furloughing Udates
HMRC have set up the job retention scheme to reimburse employers for up to 80% of usual wages, paid to employees who are “furloughed” [...]
Just Good Business or a Scam?
A business is designed to make money for the owner through the selling of products or services. A scam is designed to make money [...]
HMRC and Bicycles
The government wants to promote cycling and has hence introduced various tax reliefs. These have been extended due to coronavirus to include electric cycles. [...]
Government Assistance Schemes Extended
Self Employed Income Support Scheme The government have announced a second taxable grant for the self-employed. The first round is currently open for claims [...]
Stay Alert
The stay at home mantra has worked, so it has been changed to Stay Alert for the start of the next phase. Part one [...]
Are you thinking of making a donation to charity this week?
What are the tax consequences? Gift aid rules Gift aid is a special tax relief for UK income taxpayers, who confirm to the charity [...]
