Haidee is our Personal Tax Director and is a fully qualified tax adviser, having achieved the ATT qualification in 2006. Tax efficiency being her main concern. Specialising in taxation, Haidee provides clients with advice on personal tax, PAYE services, VAT and social security. She also provides guidance to new start-up businesses.
In our last blog – Tips on managing cash flow – we explained the importance of keeping track of cash flow over the coming months. For many businesses, the most common problem is late payments from customers.
Over the coming months, all businesses will need to keep an eye on cash flow as they recover from the Coronavirus pandemic. They say, 'Cash is King', and this is more important now as we move forward over the next 12-18 months.
As part of the summer statement, Chancellor Rishi Sunak spoke about his plans to create and protect jobs. The 'Plan for Jobs' is a phased plan to help with the economic recovery of the UK.
The government has announced that the Coronavirus pandemic has severely impacted the hospitality and tourism sectors. Therefore, a range of measures was announced by Rishi Sunak on 8 July 2020 which relate to protecting jobs in the sector and also help economic recovery by encouraging people to go out to eat and visit attractions.
Chancellor Rishi Sunak announced a mini-budget on 8 July 2020. This summer statement aimed to outline how the government plans to help businesses to recover following the COVID-19 pandemic. Part of the plan includes helping people to stay in employment and also to create new jobs.
As you know, lockdown is now easing, and in July some businesses such as retailers, hairdressers and restaurants will be re-opening gradually. If you usually work in an office environment, you may be able to go back to work there if you can do so safely.
As lockdown eases, you may be returning to work at your shop, office, restaurant or studio. If you have employees, then your first priority will be ensuring that they can return to work safely and that you can start to interact with customers in a safe environment.
On 1 June 2020, some new regulations came into force regarding electrical safety standards for the private rental sector. These regulations are being enforced to improve the standard of safety of all properties in the rental market.
On 26 May 2020, the Coronavirus Statutory Sick Pay Rebate Scheme portal will open so employers can make a claim. This blog explains how you can find out if you are eligible and how you make a claim.
There is currently a lot of support being offered to businesses to help them during the Coronavirus Pandemic. Companies with employees can furlough their staff and receive 80% funding towards their salaries. Self-employed businesses are also able to apply for the self-employment income support scheme.
As you know, the Self Employment Income Support Scheme was launched in March to help self-employed businesses and freelancers. The scheme was designed to support self-employed businesses during the Coronavirus pandemic, especially those that have not been able to trade during this period.
On 20 March 2020, the Chancellor Rishi Sunak first announced the Coronavirus Job Retention Scheme. This is being set up to help businesses cover wages for employees on temporary leave ('furlough') due to coronavirus (COVID-19).
On 26 March 2020, the government announced that they would be providing financial support for self-employed businesses that have been affected by the Coronavirus outbreak.
Over the past few weeks, there has been a lot of guidance issued by the government. This is to help individuals, businesses and landlords that have been affected by the Coronavirus Outbreak.
Chancellor Rishi Sunak presented his first Budget on Wednesday 11 March 2020. In his speech, he stated ‘we are at the beginning of a new era in this country. We have the freedom and the resources to decide our own future’.
We have written about this before, but we wanted to remind you about the changes to Capital Gains Tax if you are planning to sell a second property after April 2020. This is particularly important for all landlords and property investors who regularly buy and sell properties.
If you have company cars for yourself or your staff, then it may be worth considering moving over to electric vehicles in the future. In the draft Finance Bill 2017, the government announced its commitment to reduce carbon emissions by encouraging companies to use electric cars where possible.
The off-payroll (IR35) rules are now confirmed, and the changes will be coming into place in April 2020. These are a few things you need to take into account if you are affected by these changes.
We wanted to share a brief update on the VAT Domestic Reverse Charge process for construction and building services. This change was announced last year but then delayed until October 2020.
Many of you will have spent the last few months sorting out your invoices ready for your self-assessment submission. If you don't use a bookkeeper and prefer to manage all your paperwork yourself.
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