On Friday 29th May 2020, the Government issued further support for small Businesses. I believe the main points to be: Coronavirus Job Retention Scheme • The 10th June 2020 is the last date when an employee can be placed on furlough for the first time. • From 1st July, furloughed workers can now be brought[...] Read more »

Please feel free to share, tweet etc this information on to anyone else who you may know. We all need as much help and guidance as possible at the minute; Existing SSP Rules • The existing rules for SSP have not changed for all other illnesses. • SSP (Statutory Sick Pay) is payable by Employers[...] Read more »

GUIDANCE FOR OUR CLIENTS – CORONAVIRUS (COVID-19) • In these uncertain times we wanted to reach out to all our Clients to let you know we are here to offer increased support and guidance for you over the next few months. • Health and wellbeing are the most important things right now, and we are[...] Read more »

We have this morning become aware of a scam telephone call going around at the moment claiming to be from HMRC. It’s from telephone number 01241 450630 – Arbroath Scotland, – the message says if you don’t press number 1 there will be a warrant out for your arrest! Please be on your guard if[...] Read more »

THE CHANCELLOR’S AUTUMN STATEMENT 2016 – Welcome to the special Autumn Statement 2016. We hope you enjoy reading this tax newsletter and find it useful. GETTING THE UK “MATCH FIT” FOR BREXIT The Chancellor Philip Hammond announced that his first Autumn Statement will also be his last.  In future the main Budget announcements will be[...] Read more »

As a member of the FSB (Federation of Small Businesses), I have just read their latest monthly publication of ‘First Voice’ (March 16). I would like to share with you some of their tips for growing Sales, and finding new markets for your Business. The starting point and most important point to remember, is that[...] Read more »

Big changes are happening in the Tax world this April 2016 for Buy to Let Landlords. But there are some Tax Planning angles that can be considered, and acted upon before these changes kick in. A summary of the main changes with relevant Action Points to consider are: 1. An additional Stamp Duty Land Tax[...] Read more »

Over the last few months, we have seen a hardening in attitude by HMRC towards Businesses seeking Time to Pay arrangements. This seems to be occurring whether this is Corporation Tax (Ltd Companies), Personal or Business Tax, PAYE or VAT. Obviously all Businesses can experience cash flow problems, but HMRC are now examining cases in[...] Read more »

New Legislation is to be introduced shortly to allow HMRC to ‘dip into’ the personal Bank Accounts of any Taxpayer who owes them money. These new powers are aimed at Taxpayers who ‘refuse’ to pay the Taxman the amounts of Tax he believes is due. Now I suppose as parents, we are all used to[...] Read more »

HMRC have released latest figures indicating a record £517.7billion collected in Tax for 2014/15, an increase of more than £12billion than the previous year. According to HMRC, 66% of this increase was obtained from additional Tax compliance, with HMRC actually prosecuting 1,289 cases and securing a collective 407 years in prison sentences, (source : Taxation,[...] Read more »