Employers looking to grow their team should take full advantage of the ongoing Kickstart Scheme to fund the recruitment of new staff members.
100 days on: Brexit still challenging traders, but Support Fund offers hope
Despite 100 days passing since the end of the Brexit transition period, official figures reveal that international trade has yet to recover. But why? In this blog, we’re going to explore what challenges businesses are facing, and how they can overcome them. How is international trade faring? According to the British Chambers of Commerce (BCC), […]
What is IR35?
HMRC introduced IR35 (aka the ‘off-payroll working rules’) to legislate what it calls ‘disguised’ employment.
Parents missing out on tax-free childcare bonus of up to £500
Parents are being encouraged to check whether they are missing out on a tax-free childcare bonus of £500. Families using tax-free childcare accounts to pay for their childcare costs could receive a Government top-up worth up to £500 every three months, but thousands are missing out on the payout, HM Revenue & Customs (HMRC) has […]
Applications for SME Brexit Support Fund underway
A new scheme that supports small and medium-sized businesses with a grant of up to £2,000 has opened. The scheme provides grants to help tackle the new admin requirements for imports and exports to and from EU countries, as well as elsewhere in the world, or the movement of goods between GB and Northern Ireland. […]
Majority of SME owners have loaned personal money to their business during the pandemic
A new study has found that nearly six in 10 (59 per cent) small business owners loaned personal money to their business during the pandemic to help it survive. Research undertaken by one of Europe’s largest small business lenders, iwoca, showed that many owners had taken drastic steps during the pandemic to support their business. […]
Inheritance tax reporting to be simplified
Rules coming into effect from 1 January 2022 will mean that nine in 10 estates that are not subject to Inheritance Tax (IHT) will no longer need to complete IHT forms as part of the probate process. Meanwhile, a temporary measure that is currently in place so that IHT returns can be submitted without a […]
Applications open for £2,000 post-Brexit import VAT advice
Applications are now open for the Government’s SME Brexit Support Fund, which offers grants for up to £2,000 that can be put towards the cost of professional advice on import VAT. The end of the Brexit Transition period has changed the way businesses must account for VAT when importing from the EU and the new […]
Four in 10 exporters report international trading difficulties, study reveals
Almost four in 10 exporters say sales have dropped in the wake of the coronavirus pandemic, a major study has revealed.