by Gary Woosey | May 11, 2021 | Tax
In the 2021 Spring Budget, the Government announced a new penalty and interest regime to replace the VAT default surcharge. From April 2022, this new penalty regime for late submission of tax returns and late payments will begin across VAT and Income Tax...
by Gary Woosey | May 6, 2021 | Uncategorized
As business advisers, we’re often asked whether incorporation is the right choice for new and growing businesses. But the answer isn’t always straightforward. The truth is, there is no right or wrong way to run a company and incorporation will depend heavily on your...
by Gary Woosey | Apr 26, 2021 | Covid-19, Uncategorized
Small and medium-sized enterprise (SME) leaders are optimistic about post-Covid-19 recovery time, suggesting it will take an average of 12 months for their businesses to make up for the lost revenue. Chirag Shah, CEO, Nucleus Commercial Finance, who commissioned this...
by Gary Woosey | Apr 13, 2021 | Tax
The Annual Tax on Enveloped Dwellings (ATED) return for 2021 to 31 March 2022, and any tax due for the year, is due by 30 April 2021. What is the ATED? The ATED is a system that came into force on 1 April 2013 regarding UK residential properties worth over £2 million...
by Gary Woosey | Apr 9, 2021 | Uncategorized
Businesses in the non-essential retail, hospitality, leisure, personal care and accommodation sectors can now access one-off cash grants of up to £18,000 from their local council. The Restart Grant scheme opened nationally on 1 April 2021 and is now being rolled out...
