Beware tax scams

November 23rd, 2021

HMRC have issued a press release that sets out the scale of criminal activity, convincing taxpayers to part with bank or personal details under threat of arrest or court action. The scale of these self-assessment scams is staggering, apparently over 800,000 tax-related scams were reported to HMRC is the past year. Why is this activity […]


Business exit planning

November 18th, 2021

Unless you are committed to dying with your boots on, there will come a day when you desire to exit from your business and retire or try something different. The way that you organise your business, and in particular, the way you organise your finances, will have an impact on the value (£’s) you can […]


New to import and export red tape?

November 16th, 2021

If you are importing goods into the UK for the first time you may be advised to seek the assistance of a qualified customs agent. The process of creating and filing the correct documentation, such that the goods can pass through border controls with no hold-ups, and any duties or import VAT are paid, is […]


What are ULEVs?

November 11th, 2021

ULEV expands to Ultra Low Emission Vehicles. It is an acronym that we will see on a more frequent basis as climate issues climb in importance. Most families have cars, some use commercial vehicles. The majority are presently fuelled by petrol or diesel. As manufacturers commit investment to the development of carbon-free transport options, primarily […]


Chips are down

November 10th, 2021

Mention the words chips to most people and fried potatoes would come to mind.   Suggesting that there is a growing shortage of chips would no doubt generate a stampede to the local supermarkets. This sudden rise in demand would double up the pressure on farmers to increase supply and within a short time the […]


Tired of slow internet connectivity?

November 4th, 2021

In a recent press release the government confirmed that more than 500,000 rural homes in the UK are to receive access to better broadband plans. They said:   • 570,000 more rural premises in line for best broadband available via £5 billion Project Gigabit • Includes Cheshire, Devon, Dorset, Somerset, Essex, Herefordshire, Gloucestershire, Lincolnshire, East […]


Budget planning opportunities

November 3rd, 2021

It was difficult to find any changes proposed in the budget last week that gave rise to great optimism or that swept away the nagging feeling that we are not out of the woods just yet. We have summarised below some of the issues that will affect actions that we should perhaps consider between now […]


Tax Diary November/December 2021

November 2nd, 2021

1 November 2021 – Due date for Corporation Tax due for the year ended 31 January 2021. 19 November 2021 – PAYE and NIC deductions due for month ended 5 November 2021. (If you pay your tax electronically the due date is 22 November 2021.) 19 November 2021 – Filing deadline for the CIS300 monthly […]


Budget 27 October 2021

November 2nd, 2021

We now know the Chancellor’s preferred strategy for plugging any hole in the UK’s finances is by tweaking taxation and using the proceeds to pay-back government borrowings. Various government departments will also need to tighten their departmental belts to reduce government expenditure. When we’ve had time to consider the effects of the announced budget changes, […]


Company filing dates

November 2nd, 2021

In most cases, the statutory filing date for a Corporation Tax return is twelve months after the end of the relevant accounting period. HMRC considers reasonable excuse to be something that stops a company from meeting a tax obligation despite them having taken reasonable care to meet that obligation. HMRC will consider what a reasonable […]