Blog

6 reasons to file self-assessment early

In January 2019, 735,258 people left their tax returns until the day of the self-assessment deadline, and a further 731,186 missed the deadline altogether, according to HMRC data. If you’ve been in that position before, you’ll know how stressful it is to file your...

read more

Understanding the state pension

The state pension has undergone a lot of change in the past few years, with the latest  system put in place on 6 April 2016. Although the Government’s aim was to make it easier for people to understand how much they would receive in retirement, navigating the new...

read more

SEIS: funding for startups

However big and exciting your business ideas are, you’ll need a way to fund them.  That’s a common obstacle for many business owners, and there’s no one-size-fits-all approach to it.  There are several options you could take to raise finance, depending on the type of...

read more

Brexit: trading in the event of a no-deal

While the deadline for Brexit has been postponed until 31 October 2019, a no-deal scenario is still a very real possibility, and an important one for businesses to consider. Worryingly, an investigation by BBC’s Newsnight revealed that less than 10% of businesses have...

read more

Paying yourself from your company

After investing your time and energy into setting up and running a limited company, it’s rewarding to see all that hard work pay off. At the same time, starting to draw income from your company brings with it a new set of decisions to make – how should you access the...

read more

Research and development tax reliefs: making a claim

If your business is working on new, cutting-edge products or processes, you could be eligible for corporation tax relief through research and development (R&D) credits. These offer support to companies that work on innovative projects in science or technology, by...

read more

Making Tax Digital: What to do if you’re not ready

From 1 April 2019, VAT-registered businesses with a taxable turnover above £85,000 will need to comply with Making Tax Digital (MTD). If this is news to you, or if you haven’t finished preparing yet, you’re not alone. A recent survey from the Federation of Small...

read more

HMRC investigations: what you need to know

Tax investigations are often a stressful experience – there’s no denying that. But a significant part of that stress can come from uncertainty, especially if you’re not familiar with the investigation process. Understanding what to expect in the event that you’re...

read more

Could IR35 affect you next year?

For many people, the new year is a time for a fresh start – whether that’s a lifestyle change, or a new way of working. Contracting is often an appealing option for those looking to make a change, offering a level of flexibility, freedom and independence that’s hard...

read more