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 [...]

It is very common to travel for business and hence HMRC have give us rules on what they consider reasonable expenses for an employee [...]

The chancellor has announced changes in an economic statement – not a budget. The focus of this mini budget was job creation, being advertised [...]

VAT (Value Added Tax) is a tax on spending. The person who want the goods or services and uses them to their own ends [...]

HMRC have set up the job retention scheme to reimburse employers for up to 80% of usual wages, paid to employees who are “furloughed” [...]

A business is designed to make money for the owner through the selling of products or services. A scam is designed to make money [...]

The government wants to promote cycling and has hence introduced various tax reliefs.  These have been extended due to coronavirus to include electric cycles.  [...]

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 [...]

The stay at home mantra has worked, so it has been changed to Stay Alert for the start of the next phase.  Part one [...]

What are the tax consequences?  Gift aid rules  Gift aid is a special tax relief for UK income taxpayers, who confirm to the charity [...]

Yesterday the government announced its support for the self-employed.  They had previously advised that the self employed were a big group ad they were [...]

Only a few days to go until the end of this tax year on 5th April.  Just time to review your current tax position, [...]

Under Corvid -19 there appears to be some confusion over who should be working – especially after questions in parliament over construction workers. The [...]

During this time of great uncertainty, the Government is supporting this country economically with the following measures.  Business Rates  12 months business rate holiday [...]

The proposed extension of IR35 Off payroll working rules to the private sector has been “postponed due to coronavirus until April 2021”  However, that [...]

We have waited a long time for this budget, and it was full of surprises – both for what it did and did not [...]

5th April is the end of the tax year.  Now is the time to get around to using those tax allowances, before you lose [...]

Auto-enrolment became compulsory for all existing businesses in April 2017, and all new business in the following months - that is just about 3 [...]

Firestone Accountant’s office is in the modern office block at International House (Regus) at Southampton Airport. Our location is great for easy access from [...]

We wait an urgently needed budget as the flowing matters need sorting before the tax year end on 5th April 2020/21 income tax rates [...]

HMRC are issuing new tax code notices for the new tax year – 2020/21 Employees should receive advance notification of the detail, either in [...]