Blogs

Updated to 12:00 24/03/20 The Coronavirus Business Interruption Loan Scheme (CBILS) is now available through participating lenders. Coronavirus Business Interruption Loan   CBILS is a new scheme, announced by The Chancellor at Budget 2020, that can provide facilities of up to £5m for smaller businesses…

This post has been updated to 12:00 24/03/20 In this constantly changing and uncertain time, it is important to us that we keep our clients informed and up to date with the latest information and government support available. We are working from home, and still…

During the COVID-19 outbreak, employers and employees are naturally becoming concerned about the impact it will have on their incomes. How will statutory sick pay be affected and implemented? Business support available The Chancellor has set out a list of measures designed to support people…

As the proposed changes to IR35 loom ever closer, there is still an element of ambiguity surrounding many of the practical aspects of the potential changes. HMRC have released a number of IR35 statements and promises regarding these changes. They have detailed how they intend…

What is a workplace pension? A workplace pension allows you to save for and contribute to your pension by paying a percentage of your pay into the scheme automatically. Your employer will then also add money into the scheme. The basic criteria is that if…

Are you being made to go PAYE? Have you been told you are inside IR35? Find below a link to our Day Rate Calculator. Several contractors have now received a Status Determination Statement (SDS) that tells them they are inside IR35 and stating that they…

Running a limited company is a hugely rewarding career for many reasons however, it is always important to be aware of the risks involved which is why we offer contractor accounting services and all types of business accounting services. This blog post outlines the various…

In business, the clichéd phrase “time is money”, is almost always proven to be true. So, when you are managing your business it is crucial to have an automated bookkeeping software that streamlines its day to day running. We use Receipt Bank to save our…

Before we begin this post, we want to outline the rule of thumb whenever you get a call or email that you are suspicious of. No authentic organisation would object to you speaking to your accountant before transferring any money or even having a conversation…