Blog

Keyword(s):

20-03-2019
Keep abreast of Brexit news

3b5601a1 eb9a 4ac9 8a65 c8da1e1db7d8 - Blog

As the Brexit date fast approaches, it seems the only thing we can say with any certainty is that uncertainty continues to plague the issue of our leaving the EU. The negotiations on the terms of the UK’s exit from the EU are unresolved and there are ... read more

20-03-2019
Present tax-free company benefits

af744579 a057 424d b7d9 43572e43ae7c - Blog

The list of company benefits that can be provided tax-free to employees is quite short. However, some of the benefits that can be provided include the following: Meals: Free or subsidised meals in a staff canteen where meals are provided for all ... read more

20-03-2019
What is a finance lease?

77466f28 c315 485b 8900 8ee673e9126f - Blog

The definition of a finance lease can be difficult to pin down. In legal form a finance lease is just another lease - the legal ownership of the asset lies with the lessor and the lessee only has the right to use the asset. However, in commercial ... read more

20-03-2019
Removing your home address from the public register

bcbf93d7 df0f 49e1 859d 2e42aa800f5a - Blog

Since April 2018 company directors and other eligible people such as company secretaries, people with significant control (PSC) and LLP members can apply to remove their personal addresses from the UK’s official company register on Companies House. ... read more

20-03-2019
Changes to VAT IT systems if no-deal Brexit

d483a364 071e 4815 ae6b a53200bb7582 - Blog

In a letter being sent to businesses across the country, HMRC has published the following information on the effect a no-deal Brexit would have on changes to VAT IT systems. We have reproduced below a summary from the letter of the main ... read more

19-03-2019
Cash basis and capital expenditure

696909ca f832 4445 8bc5 c3032c130c35 - Blog

The cash basis scheme helps many sole traders and other unincorporated businesses benefit from a simpler way of managing their financial affairs. The scheme is not open to limited companies and limited liability partnerships. The scheme allows ... read more

19-03-2019
Full EU Settlement Scheme roll-out

269248ba b9fe 4966 b604 d638aba27198 - Blog

The government has laid a Statement of Changes to the Immigration Rules implementing the full opening of the EU Settlement Scheme from 30 March 2019. The scheme will apply regardless of whether there is a Brexit deal or not. The scheme will allow ... read more

19-03-2019
2019 Spring Statement: employment implications

5583740c 5e2d 46cb 810b 5de61abfdff1 - Blog

In the Spring Statement 2019, the Chancellor of the Exchequer has announced that the apprenticeship reforms set out in the Autumn Budget 2018 will now be introduced a year early. From 1 April 2019, the co-investment rate for non-levy employers will ... read more

19-03-2019
Business record keeping for the self-employed

803bb6a7 2c87 4ee8 a435 77b09290367b - Blog

If you are self-employed as a sole trader or as a partner in a business partnership, then you must keep suitable business records as well as separate personal records of your income. For tax purposes, the business records must be held for at least 5 ... read more

14-03-2019
Topping up your self-employed NIC contributions

a1d7e49b 9f53 4793 a94d 76e7c72e89eb - Blog

In many circumstances it can be beneficial to make voluntary Class 2 National Insurance Contributions (NICs) to increase your entitlement to benefits, including the State or New State Pension if you are self-employed. You might want to consider ... read more
image001 2 - Blog