Are you saving enough for your retirement?
You can claim state pension when you reach the state pension age. For men and women, this is currently 66. […]
SEISS grant 5th tranche
The 5th Coronavirus support grant for the self-employed is live to claim from late July through to the end of
Higher Rate taxpayers – some simple tax savings tips that are easily overlooked
If your pre-tax income exceeded £50,000 in the last tax year (2020/21) it is possible that you may have been
Might the VAT flat rate scheme be beneficial to your business?
If you use the Flat Rate Scheme, you charge VAT to your customers (‘output VAT’) and pay VAT to your
Are you paying too much for electricity, gas, water, credit cards etc?
Whilst there are price comparison sites which can be used, these can take considerable time and effort to research the
Dividends from your company – are they legal?
Only limited companies pay dividends, and these are based on the shares that have been issued to the shareholders. Sole
SEISS checks by HMRC
The self-employed income support grants paid out are liable to tax and NI. HMRC systems are now automatically cross checking
Check those tax codes
Whilst HMRC do now review the tax position for any tax year, this does take some time to complete the
Furlough Pay is changing
Until 30 June 2021, the furlough scheme will fund 80% of the pay for staff hours not worked. From 1
Might you be liable to clawback of child benefit?
If you are claiming child benefit and your profits or salary increase, you may find you have a larger tax