VAT rate cut for hospitality sector
The hospitality and attractions sectors are enjoying a special 5% VAT rate which applies from 15 July 2020 to 12 January 2021.
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Covid-19: Lockdown II Update
It is almost certain as a reader of this blog you will have made some further changes to your daily routine as we head into our second national lock-down which is scheduled to end 2nd December – although this may be extended dependent on the situation at the time. Pubs, restaurants, gyms, non-essential shops and places…
Bounce Back Loan Scheme Extended
The Bounce Back Loan Scheme (BBLS) has been extended to 31st January 2021 which is welcome news.
Set your finances up for success with smarter accounting. Start by making savings with your first post Covid self assessment
For business owners, 2020 has been a year of unexpected and unprecedented challenges. Whilst we are all experiencing difficulties we’d never have anticipated before March, some things never change…self assessment season is just around the corner again. The pandemic has put an almighty strain on small business owners’ livelihoods, wrecking havoc on both their business…
Why Write a Business Plan?
A business plan is an essential document for any new business. It is the route map of how an idea manifests itself into a viable business. It is also an essential document if you need to raise finance for your business.
Covid19: Tax Hikes and what you should do?
Tax – Tax has a long history in the UK, going back to the 13th century. Income tax was the first tax levied on people’s earnings in 1799.
Financial Considerations Summary – Post Pandemic
With the health and economic impact of coronavirus, it’s a challenging time for many. Above all, it’s important to keep yourself safe.
What is a car allowance?
You’ve probably heard of the company car and some its associated tax issues. However, you may not have of a car allowance.