
Budgeting for an uncertain year ahead
As we come to the end of 2021, its time to start thinking about the budget for next year. One thing is certain – uncertainty. Business planning and budgeting have […]

WINNERS! Fast Track and Best Client Services Award in the bucket For Makesworth Accountants.
Sanjay Sah’s Makesworth Accountants has achieved one more feat, the most prestigious award in the accounting industry is theirs now. Winning two awards in one night is always a treat […]

Making use of a spouse’s allowable losses
Spouses and civil partners benefit from special rules for capital gains tax purposes which allow them to transfer assets between them at a value that gives rise to neither a […]

Furnished holiday lettings and business asset rollover relief
Furnished holiday lettings have a number of tax advantages compared to standard residential lets, and one of the key ones is the availability of business asset rollover relief. This enables […]

Get ready for the next steps of Making Tax Digital
Making Tax Digital (MTD) is a government programme to move to a digital tax world. HMRC’s stated ambition is to become one of the most digitally advanced tax administrations in […]

Business News England
Welcome to our round up of the latest business and Covid-19 news for our clients. Please contact us if you want to talk about how these updates affect your business. […]

August business news
Welcome to our round up of the latest business and Covid-19 news for our clients. Please contact us if you want to talk about how these updates affect your business. […]

HMRC warning not to use unfunded pension arrangements
HMRC are currently attacking a marketed tax avoidance scheme using unfunded pension arrangements to avoid Corporation Tax, Income Tax and National Insurance contributions. HMRC strongly believes these arrangements do not […]

Pension contributions is tax efficient for both employee and employer
Pension contributions to approved pension funds on behalf of employees and directors continue to be a tax-free benefit provided the annual input limit is not breached. The contributions are also […]

Tax free childcare account subsidises summer camp costs
If you have children under 12 who attend a nursery, after school club, playscheme, childminder or you are considering sending them to a summer camp you should think about setting […]

Please let us have details of your SEISS grants for your 2021/21 tax return
As you are probably aware tax agents were not able to claim SEISS grants on their client’s behalf, and we do not currently have access to the amounts you have […]

Details of latest CJRS “Furlough” Grants
The fourth version of the CJRS “furlough” grant scheme starts on 1 May 2021 and will run until 30 September with employees affected continuing to be supported such that they […]