Featured

New Offices – Update

It’s safe to say we all probably hoped for a more positive start to the year than going straight into another lockdown, but it was perhaps inevitable and many of us have found ourselves juggling working from home, teaching children and trying to stay safe and keep our spirits...

Time to Pay

As part of the Chancellor's Coronavirus support package taxpayers were permitted to defer payment of the July 2020 income tax Payment on Account instalment until 31 January 2021. However, three lockdowns later and HMRC have become increasingly aware that a large number of taxpayers are still needing to delay...

Congratulations and welcome

Firstly, we are delighted to announce that Stephanie who is one of our senior client managers will be taking some time off to have her first child and we would like to wish Stephanie all the very best of luck on her maternity leave, together with a few sleepless...

Advantages of using a property LLP

A limited liability partnership (LLP) can be used for a property business and offers some advantages over unincorporated businesses and limited liability companies. A property LLP is something of a halfway house, providing the comfort of limited liability with the flexibility as to how profits are shared. The use of...

Make the most of the dividend allowance

The 2020/21 tax year comes to an end on 5 April 2021. The last few months of the year are a good time to undertake a review and to ensure that allowance for the year is not wasted. Nature of the dividend allowance One allowance that is available to all taxpayers,...

What tax do I need to pay by 31 January 2021?

The self-assessment tax return for 2019/20 must be filed by midnight on 31 January 2021. If you miss this deadline, you will automatically receive a late filing penalty of £100, however HMRC have just released guidance that the filing penalty will be wavered providing the tax return is filed...

Postponed VAT accounting from 1 January 2021

The Brexit transitional period comes to an end of 31 December 2020 and various changes come into effect from 1 January 2021. One of these changes is the introduction of postponed VAT accounting. This will affect you if you are a VAT-registered business and you import goods into the...

Receive our newsletter to keep you up to date on any developments in the support for businesses during this time, we also cover a whole host of tax and accounting insight that will help you.