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Business owners – year end planning tips

Business owners – year end planning tips

A few housekeeping tips for readers with business interests; especially those with an upcoming financial year end at the end of March 2021. Don’t forget to include any grants received to support COVID challenges in your accounts as income. These grants are...
Landlords need to embrace a digital approach

Landlords need to embrace a digital approach

HMRC are slowly rolling out their Making Tax Digital (MTD) scheme. Eventually, selected landlords submitting their rental income and outgoings via self-assessment will need to embrace this new MTD requirement.  What will it involve? Self-employed landlords with...
Funding to get young people into work

Funding to get young people into work

Employers can now apply for a £1000 cash boost to help them take on new trainees. The new scheme will support young people to gain the skills and experience they need from the very start, helping them to get a job, an apprenticeship, or pursue further study. The...
Government tackles late payment to small firms

Government tackles late payment to small firms

The Government has announced an overhaul of the Prompt Payment Code (PPC). Under the new reforms, companies that have signed up to the PPC will be obliged to pay small businesses within 30 days – half the time outlined in the current Code. Despite almost 3,000...
Rights to regenerate

Rights to regenerate

We will soon have the rights to turn derelict buildings into homes and community assets. In a recent press release the Ministry of Housing said: The public will be able to convert vacant plots of land and derelict buildings into new homes or community spaces, under...
CJRS guidance on who can be furloughed

CJRS guidance on who can be furloughed

HMRC’s guidance on which employees can be placed on furlough using the Coronavirus Job Retention Scheme has been updated. The scheme will continue until at least 30 April 2021.  The updated guidance includes new information about employees who are...