News

Newly appointed staff members will not benefit from the Coronavirus Job Retention Scheme

Thousands of employees who have started a new job after the 28 February 2020 will not be able to benefit from the Coronavirus Job Retention Scheme (CJRS) and may need

Newly cohabiting parents warned over new tax charge

Newly cohabiting couples, where at least one of the partners is a parent, have been warned by a leading insurer to be aware of a tax charge, if either earns more...

Non-VAT-registered businesses need EORI number to trade with EU customers and suppliers post-Brexit

Any business that is VAT-registered and currently trades with the EU will have automatically been issued with an EORI number allowing it to trade with customers and...

OBR warns that the UK economy may contract by more than a third before bouncing back by end of 2020

The Office for Budget Responsibility (OBR) has released a new report which suggests that the UK economy may shrink by 35 per cent in June as a result of the Government

Our Office Is Open Again However Before Visiting Please Read the Following Update

Our office is open again however before visiting please read the following update

Overseas employees potentially face double NICs liability following a no-deal Brexit

Employees working overseas on secondment could face paying twice as much in National Insurance Contributions in the event of a no-deal Brexit, HM Revenue & Customs...

Owner Managed and Family Businesses

The economic crisis resulting from the Coronavirus outbreak has sent shockwaves through businesses large and small. So, as business owners and directors emerge from...

Paying for COVID-19: Government begins exploring tax take back

The Chancellor, Rishi Sunak, has commissioned the Office of Tax Simplification (OTS) to undertake a review into how Capital Gains Tax (CGT) is paid by small businesses

Payment of dividends during the Coronavirus outbreak

It is common for directors of limited companies, who are also shareholders, to receive much of their income in the form of dividends instead of through a salary, owing