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Your questions answered around working from home

The Coronavirus Pandemic and ensuing lockdown has forced many people to work from home, with some employers even having decided to get rid of their offices completely and continue operating with a remote workforce. Working from home has triggered some frequently asked questions by employers and employees alike, so in this blog we’ll provide answers…Read More

R&D Tax Claims: Is Your Business Receiving its Full Entitlement?

A guest blog by Bonham & Brook Just over twenty years ago, the UK Government introduced the R&D Tax Scheme to incentivise those who actively push through technical uncertainty at their own financial risk. In March of this year, the government also announced that they plan to invest £22 billion per year in R&D over…Read More

Top tips for starting a business in a recession

With the UK and global economies now officially in a recession, nobody knows what the next few months hold for business owners. Some industries such as retail, hospitality and leisure have been hit particularly hard, with redundancies and closures reported on an almost daily basis. Many businesses are fighting for survival, and yet, there are…Read More

Future proofing your business post lockdown

With some of the government support schemes due to run out over the next few months, we take stock of how different businesses have fared in recent months, and look at future-proofing strategies to help businesses navigate an increasingly uncertain future. Business owners have gone from initially trying to just survive the lockdown months to…Read More

An update on the COVID-19 government support schemes

In this video, Managing Partner Paige Collins provides an update about the various government support schemes available during the COVID-19 pandemic. She discusses how they have been received and accessed by businesses, now that they’ve been live for a while. Paige also answers some viewer questions.

An open letter

After many years of personal challenges, I am in the process of changing my gender identity. It’s not been an easy decision and has been made with the help of experts in this field over a number of years. I am now embarking on this exciting new personal chapter with a spring in my step…Read More

A Guide to the new Off-Payroll Working (OPW) Rules

By Dan Chapman, Director Introduction You may have heard about upcoming changes to the off-payroll working rules expected to come in to effect this year, from 6 April 2020. Please note that as of 17th March 2020, this has been delayed to 2021 due to the Coronavirus Pandemic. If you are a sub-contractor operating via…Read More

The history and future of cloud accounting

By Kevin Depper, Director of Online Services Cloud computing to most people is fairly new but references to it have been around since the mid 90’s.  Not much happened commercially until Amazon created its web services division (“AWS”) in 2006 and Microsoft released its Azure platform in 2010.  Since then cloud computing has come on…Read More

10 steps to future proofing your business

Changing landscape In times of economic and political uncertainty, many business owners are looking for strategies to help them prepare for changing times, and to enable their business to make it in the long run. And for good reason as the stats don’t look great: 80% of new companies close their doors after 18 months…Read More

‘Tis the season for Giving – Gift Aid and Tax Relief

The lead up to Christmas is a popular time for charitable donations. In fact, November and December are peak months for giving, largely due to established fundraising campaigns, as a recent study into Giving showed. Although there are now fewer people giving money to charity, those who do give are giving more money than before.…Read More

A Guide to Employee Ownership Trusts (EOT)

Overview What is an EOT? An EOT is a form of employee benefit trust which offers generous tax reliefs to encourage shareholders to sell a controlling interest in their companies and promote employee ownership. EOT’s were introduced by the government in 2014. When would an EOT be useful? An EOT may be useful if you,…Read More

Making Tax Digital – What is it and how does it affect my business?

All the way back in 2015 the then Chancellor of the Exchequer announced in the spring budget that he wanted businesses and individuals to have an online account with HMRC to declare income and tax information on a regular basis.  To date there has been a significant amount of work that has been carried out…Read More

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