During the past two years we have become used to online meetings and facetime calls to keep in touch with business associates, staff and friends. Now that restrictions are easing it is worth reconsidering the value of a face-to-face conversation. Psychologists would point to the non-verbal cues that are lost... read more →

Our government is now consulting with interested parties to explore the arguments for and against an Online Sales Tax (OST). The OST is being considered as a way to level the retail playing field by taxing online retailers and using the funding to reduce the impact of rates on high... read more →

On the 21 February 2022, the Prime Minister gave a press conference and announced wide-ranging changes to the regulations introduced to restrict the spread of coronavirus. Government seems concerned that we learn to live with continuing COVID-19 infections without the past restrictions to our social mobility and ability to run... read more →

When you made the decision to retire from your business or employment economic circumstances may have been far different to those we find ourselves in today. Although current growth rates are clawing back the losses we experienced during the last two years, interest rates seem to be on the rise... read more →

Every business endeavour carries with it an element of risk. For example: Customers failing to pay their bills, Business owners falling sick, Failing to reserve sufficient funds to pay bills, expenses, and taxes, Miss-managing relationship with banks. And let’s not forget, being subject to unexpected economic disruption as we have... read more →

Many business owners, with energetic children, may want to offer their offspring a chance to gain some work experience and shift the funding of their children’s expenses from after-taxed income to a business expense. You can employ young people aged 13 or over, but only part-time. Once they reach the... read more →

Do you have a self-invested personal pension plan (SIPP) that allows you a certain amount of flexibility on how your fund is invested? You may find that your fund could invest in commercial property. Do you rent your present business premises? If the answer to both these questions is yes,... read more →

Although the Self-Assessment online filing deadline remains 31 January, effectively, for this year at least, it is 28 February, if you want to avoid late filing penalties. Is this a good thing for practitioners? Feedback we have received would indicate the opposite, that extending the late filing penalty deadline means... read more →

The Chancellor, Rishi Sunak has announced a new £1bn support package for businesses most impacted by the highly transmissible Omicron variant that is sweeping across the UK. The biggest single measure is the re-introduction of one-off grants of up to £6,000 for businesses in the hospitality and leisure sectors (in England)... read more →

The first reaction to walking into quicksand must be panic. There is no quick change of circumstance, the hapless adventurer forced to consider their fate in slow motion. What they desperately need at that point is someone on terra firma to throw them a lifeline. Many of your clients have... read more →