Keyword(s):

27-10-2020
Unravelling the jargon: what is a support bubble?

Unravelling the jargon: what is a support bubble?

The following notes are copied from the GOV.UK website. At first glance, it would appear that the definition of a support bubble should be fairly easy to grasp. Don’t hold your ... read more

27-10-2020
Handling food? Wash, those hands

Handling food? Wash, those hands

If you are considering any change to your business activities that will involve handling any packaged food or raw ingredients, as you would expect, there are a raft of regulations ... read more

22-10-2020
New cashback scheme proposed

New cashback scheme proposed

The government has announced plans to allow customers to get cashback from shops without needing to make a purchase. At the moment, cashback is only available to those who buy ... read more

22-10-2020
Closing a limited company

Closing a limited company

There are a number of reasons why you may decide to close your limited company. This could be because a limited company structure no longer suits your needs, your business is no ... read more

22-10-2020
Brexit countdown importers

Brexit countdown importers

As we have reported previously, the UK government has confirmed that it will neither accept nor seek any extension to the Brexit transition period which expires on 31 December ... read more

22-10-2020
Brexit countdown exporters

Brexit countdown exporters

The Brexit transition period is due to end on 31 December 2020 and this means that the process for exporting goods to the EU will change from 1 January 2021. Current guidance ... read more

22-10-2020
Clock ticking on the Annual Investment Allowance

Clock ticking on the Annual Investment Allowance

The Annual Investment Allowance (AIA) allows for a 100% tax deduction on qualifying expenditure on plant and machinery to be deducted from your profits before tax. The relief is ... read more

22-10-2020
Distributions in anticipation of striking off rules

Distributions in anticipation of striking off rules

The Extra Statutory Concession (ESC) - C16 was a well-used extra-statutory concession that allowed company directors to treat final distributions as a capital disposal and close ... read more

22-10-2020
Starting rate of Income Tax for savings

Starting rate of Income Tax for savings

In the current tax year, anyone with taxable income of less than £17,500 will have no tax to pay on their savings income - interest received. This figure is calculated by adding ... read more

22-10-2020
When you can or can’t use the VAT Cash Accounting Scheme

When you can or can’t use the VAT Cash Accounting Scheme

Under standard VAT accounting, VAT is payable on sales whether or not the customer has paid and can lead to a claim for Bad Debt Relief. Under the Cash Accounting Scheme, VAT does ... read more