Category: Business consulting

I have been sent a nudge letter by HMRC – What should I do next?


Thousands of taxpayers across the UK have received ‘nudge letters’ from HM Revenue & Customs (HMRC) encouraging them to declare unpaid tax. The reasons for being targeted vary but the impact of being contacted by…

Received a CJRS compliance check? Act now!


The Coronavirus Job Retention Scheme (CJRS) ended in September but many firms could still be subject to a CJRS compliance check in the weeks and months ahead. HM Revenue & Customs (HMRC) has been sending…

MTD for Income Tax delayed – What it means for you


Unincorporated businesses have heaved a sigh of relief after the Government delayed the date for the implementation of Making Tax Digital (MTD) for Income Tax Self-Assessment (ITSA) by one year to 2024. Hit hard by…

Buying a business – Top tips to secure the best deal


Have you ever considered buying a business? Whether you are an experienced entrepreneur or just starting out, acquiring a ‘ready-made’ business offers a number of advantages. For established businesses, buying a second company can help…

Six steps to secure finance for your business


Lots of businesses are seeking out finance at the moment, whether to fund an acquisition or finance investment, but given the challenges the economy faces, it is becoming increasingly difficult to secure the right deal.…

Managing business costs – what the energy and supply crisis may mean for your company


The last month has highlighted the challenges that many businesses face when it comes to supplies and costs. Visions of people filling up plastic bottles with petrol or pulling trolleys of toilet rolls to their…

Transitionary rate of VAT for hospitality comes into force


The temporary reduced rate of VAT for hospitality has increased to a transitionary rate from today, 01 October 2021. The new rate of 12.5 per cent will remain until 31 March 2022, when it reverts…

Chancellor to lay out plans in October Budget and Spending Review


The Chancellor of the Exchequer, Rishi Sunak, is expected to announce that the Government will be pumping extra billions into the economy when he sets out details of the Budget and Spending Review on October…

UKCA marking deadline extended by one year following coronavirus disruption


Businesses have been given an extra year to apply new product safety markings for most products placed on the market in England, Scotland and Wales. The UK Conformity Assessed (UKCA) marking regime will replace the…