Bounce Back Loans

The Bounce Bank Loan Scheme is one of a number of government-backed lending schemes designed to support businesses affected by Coronavirus. Lending through the Bounce Back Loan scheme is capped at £50,000 and is 100% government backed initiative for small businesses. You can apply for a loan between £2,000 and £50,000 up to a maximum … Read more

Festive Opening Hours

Christmas Opening Hours

We would like to wish all our customers, contacts and friends a Merry Christmas and a Happy New Year. It has been a fantastic 2019 and we cannot wait until 2020. The office will be closed from 12:00 24 December 2019 and will re-open at 8:30 on 2 January 2020.

Completing your self-assessment tax return

What you need to know before fCompleting your Self Assessment Formiling self-assessment for 2017/18.

It’s a common scenario.

As the year draws to a close, the thought of your tax return is there, at the back of your mind. But with so much time before the deadline, you decide not to worry about it for now.

Then the weeks start to fly by, Christmas comes and goes, and soon you’re planning for the New Year and getting back to work as normal.

Before you know it, it’s the end of January, you’re searching for your registration details, and HMRC’s waiting times are growing longer as thousands of other taxpayers in the same predicament try to get in touch.

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Deregistering for VAT

Deregistering for VAT When and how to begin the process of deregistration.

These days VAT thresholds are the subject of much speculation, with the Government concerned that many business owners deliberately choose to stay below the VAT-registration threshold.

Limiting your ambition in this way might seem counter-intuitive – surely you want your business to get as big as possible?

But it can make sense if you are seeking to make a sustainable living rather than get rich, perhaps by trading on online auction sites, or running a café with limited opening hours.

If your business’s turnover is predicted to fall below £83,000 over the next year, it can voluntarily deregister for VAT.

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