IR35 reform: how contractors can prepare
IR35 is a tax law that was originally brought in back in 2000 as a way to combat tax avoidance by contractors. Also known as off-payroll working rules, IR35 ensures...
Roadmap to Recovery for Small Businesses Post Lockdown
As we continue into June, many small businesses in the UK remain closed as per the government’s rules. Affected businesses include restaurants, cafes, pubs, hairdressing and beauty salons, some other...
The Bounce Back Loan Scheme: what you need to know how to apply?
The recently launched Bounce Back Loan Scheme (BBLS) allows small and medium-sized businesses to borrow between £2,000 and £50,000 to help them get through the coronavirus pandemic. Loans are government-backed...
Commonly asked questions about COVID-19 financial support.
The government has put together an extensive package of financial support to help businesses during the coronavirus crisis. This includes the Coronavirus Job Retention Scheme (CJRS) which benefits furloughed employees...
COVID-19: an overview of the government’s financial support for businesses
The coronavirus (COVID-19) pandemic is the biggest public health emergency experienced during peacetime. As well as being concerned about your health, and the health of your loved ones, you may...
The benefits a business accountant can bring to your SME
A business accountant can offer much more to your SME in the way of benefits than filing your tax return and keeping the taxman happy. An accountant wears many hats...
Contractor clients have their ‘offshore intermediaries cake’ and eat it at the expense of recruiters
Contractor clients are the only members of the contracting supply chain that will benefit from the proposed legislation to tackle tax avoidance by using offshore employment intermediaries to hire contractors....
Maintaining high quality financial records
Record keeping is probably the part of your business that you like the least. Having to form fill, submit VAT returns, and list expenses (which you may even feel you...
Contractors losing contracts due to inconsistent application of off-payroll rules
Contractors are being prematurely terminated and moving away from the public sector due to the inconsistent application of the off-payroll rules.Contractors are suffering from “a pre-determined view that [they] should...
Financial IT contractors may have grounds for cautious optimism
Financial IT contractors may have grounds for cautious optimism as IT investment by financial institutions is to grow by 60% and hiring in London is up by 20%.Financial IT contractors...
