Latest News

Spring Budget 2021 - Recovery Loan Scheme Announced

A new Recovery Loan Scheme (RLS) has been announced which will start on the 6th April 2021, replacing the Bounce Back Loan Scheme (BBLS) and Coronavirus Business Interruption Loan Scheme (CBILS).

Spring Budget 2021 - Supporting jobs for now and for the future

Karen Thomson provides a summary of the key changes for employment following the Chancellor's Spring Budget speech

Spring Budget 2021 - Welcome relief for the hospitality sector 

With hospitality businesses largely closed until 12 April and restrictions thereafter, the Chancellor has announced a range of support for hospitality businesses that will provide welcome relief and some certainty for the future.  

COVID-19 Return to Work – Understanding Your Financial Position

How managing your cash flow is critical to exiting lockdown successfully. 

Inheritance Tax (IHT) – An Unfair Tax?

IHT is not just for wealthy people to worry about as rising property prices in particular means that inheritance tax receipts continue to rise. 

Understanding your personal liabilities in relation to company debt

As a Company Director, circumstances may arise where you find yourself in a position to offer a personal guarantee to support a line of credit. This may seem like a decision worth taking to enable your company to move forward and reach its true potential; however, this does not come without risk.

Choppy waters ahead for the legal sector?

Following surprisingly good results with improved profits and improved cash flows, Law Firms may face choppier waters ahead as Government financial support is withdrawn over the coming months.

Budget 2021: Gazing into our crystal ball

With restrictions set to ease over the coming weeks and months, many businesses will be looking at getting back on track, but until they realistically can, they’ll still need financial support to weather the end of the storm.

IR35 payroll obligations

IR35 legislation is expected to impact around 170,000 individuals who work through their own personal service company (PSC), who according to the Government would be deemed employed if engaged directly.

Should you require more information regarding whether IR35 impacts you, please read the following article: IR35 Legislation Overview

HMRC launches VAT deferral payment scheme

HMRC launched the new VAT deferral payment scheme on 23 February 2021 and it is now open for applications until 21 June 2021.