Advice

Browse 431 Advice in our content archive

New VAT Penalty Regime 13 Jul 2022 Bookkeeping, Clients, Deadlines, Policy, Tax - For VAT periods starting on or after 1 January 2023, the default surcharge will be replaced by new penalties.
National Insurance changes for self-employed 12 Jul 2022 Employment, Tax - The starting point for Class 2 contributions will increase from 6 April 2022 to align it with the starting point for Class 4 contributions.
Loans to directors & section 455 charge 8 Jul 2022 Bookkeeping, Tax - The director’s loan account helps to keep track of the transactions between the director and the company.
Latest government grants for small businesses 29 Jun 2022 Awards, Clients, Deadlines, Investment, Leadership - If you can't find something your business is eligible for, visit government website for more.
5 Key Startup Trends to Look Out For 28 Jun 2022 Fundraising, Leadership - Here are the five biggest trends for fast-growth startups and SMEs for the upcoming year to avoid getting lost in the mix of this turbulent climate.
R&D Tax claims and reasons that trigger an enquiry 25 Jun 2022 Tax - HMRC is opening an increasing number of enquiries into R&D claims to ensure that tax relief is available only for those businesses undertaking genuine R&D activities.
Increase in the Employment Allowance 25 Jun 2022 Employment, Tax - Recently, the Employment Allowance was increased from £4,000 to £5,000 to add benefits to all SMEs.
EMI Share Options: Why are they so popular and the key pitfalls 21 Jun 2022 Employment, Tax - EMI share options, allow for no cost upfront for the employee, with the employee only having to pay a low price for the share on an exit event.
EIS & the 7-year rule 17 Jun 2022 Tax - Find out more about the ‘permitted maximum age requirement’, also known as a 7-year rule.
EIS: qualifying & non-qualifying trades 17 Jun 2022 Fundraising, Strategy - The money raised under the EIS scheme must be used for qualifying business activity by the company or by the group as a whole.
EIS – does your company qualify as Knowledge-Intensive? 16 Jun 2022 Fundraising, Strategy - In order to qualify, you need to carry out research, development, or innovation at the time that you are issuing shares among other things.
Cryptocurrency – how is this taxed? 16 Jun 2022 Tax, Tech, Trends - HMRC announced a decision to recognise one type of cryptocurrency called Stablecoins as a valid form of payment.