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Company directors banned for Bounce Back Loan fraud

02/02/2022

Two company directors have been banned for a total of 21 years after they fraudulently claimed £100,000 in bounce back loans. Following an investigation by the Insolvency Service, Aamer Aslam from Huddersfield and Razwan Ashraf…

New tax rules on holiday lets – What does it mean for owners?

02/02/2022

It was recently announced that the Government would reform business rates relief for owners of second homes – resulting in some holiday let owners facing additional costs of up to £1,000 a year. The Department…

Most popular options available when setting up a new business

02/02/2022

It’s a new year and many people who may have lost their jobs during the pandemic or have decided to take their life in a new direction, will be looking to start up a business.…

Can you avoid the P11D process?

02/02/2022

Every year employers across the UK submit an end-of-year report to HM Revenue & Customs (HMRC) outlining the benefits provided to each employee and director, which were not included in their wages. This report is…

Tax relief: Are you missing out on up to £2,000 a year towards the costs of childcare?

01/02/2022

Workers can claim up to £2,000 a year towards childcare costs by signing up to the Tax-Free Childcare scheme.

Student loans: what is changing for graduates in April

01/02/2022

The earning threshold for Plan 2 student loan repayments in England and Wales will remain frozen for the tax year 2022-23, it has been announced.

Employers need to check out bank holiday entitlement for Queen’s jubilee

27/01/2022

Everyone loves a bit of a knees-up and this year the Queen celebrates her Platinum Jubilee. So, it’s time to break out the party hats as an extra bank holiday has been granted to mark…

Making Tax Digital for VAT – What you need to know

26/01/2022

The next few years will see several significant changes to taxation, including the further expansion of Making Tax Digital (MTD) for VAT in April this year.

Teenagers spell out what they require from the hospitality industry

26/01/2022

While the majority of teenagers are still too young to visit hospitality venues on their own, they are clearly key future players for the industry.

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