Category Archives: Business advice

Tax Diary March/April 2021

1st March 2021 Posted by -

1 March 2021 - Due date for Corporation Tax due for the year ended 31 May 2020. 2 March 2021 - Self-assessment tax for 2019/20 paid after this date

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What is overtrading?

2nd March 2021 Posted by -

A reminder that traders who buy and sell goods - wholesalers or retailers - need to be wary of the financial consequences if, as expected, pent up

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Financial outcomes for your business

17th February 2021 Posted by -

There are three possible financial outcomes for your business, each with their own challenges: Make a profit Breakeven, or Make a loss Making a

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How much do your customers owe you?

17th February 2021 Posted by -

Many business owners are buoyed by turnover; if it’s sold it’s as good as money in the bank, but is it? What are your credit terms? How many days do

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Self-Employment Income Support Scheme

11th February 2021 Posted by -

Claims for the third Self-Employed Income Support Scheme (SEISS) grant closed on 29 January 2021. Under this grant, the self-employed received up to

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Keeping pay and tax records

12th February 2021 Posted by -

Following the 31 January 2021 deadline for submission of Self-Assessment tax returns for 2019-20, it can be a useful exercise to review the rules for

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Business owners year end planning tips

9th February 2021 Posted by -

A few housekeeping tips for readers with business interests; especially those with an upcoming financial year end at the end of March 2021. Don’t

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Keep your business moving

4th February 2021 Posted by -

An interesting press release published jointly by the Department for Business, Energy & Industrial Strategy and Business Minister, Paul Scully has highlighted some important actions that

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