Coronavirus Business Interruption Loan Scheme (CBILS)
Benefits of Coronavirus Business Interruption Loan Scheme Up to £5 million facility — loan of amount up to £5 million. 12 months finance interest free — Government to cover interest for [...]
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How to get Coronavirus grant from the government for small businesses?
On 17th March, the Chancellor to the exchequer, Rishi Sunak, announced that due to coronavirus (COVID-19) outbreak, cash grant will be offered to the small businesses for which the limit has been [...]
Government Announces ‘Unprecedented’ Measures for Small Businesses to Fight Coronavirus (COVID-19) Crisis
Download Our COVID-19 Guide Amidst deepening public health and economic crisis following global spread of Coronavirus, the government has announced economics measures ‘unprecedented in the history [...]
Member’s Voluntary Liquidation (MVL)
For every entrepreneur there comes a time when they decide to wind up their business, even if it’s been running successfully. This could be because they are moving on to do different things [...]
Targeted Anti-Avoidance Rules (TAAR)
What is Targeted Anti-Avoidance Rule (TAAR)? TAAR stands for targeted anti-avoidance rule (TAAR). As per the finance act 2016, targeted anti-avoidance rule is a rule introduced to tackle those [...]
Changing From Sole Trader To Limited Company
You have been running the business successfully as a sole trader, where the earnings have got to a point when it is no longer tax efficient or you simply wish to reduce the risk of unlimited [...]
ICO Data Protection Fee Demand – What to do?
Many companies now a days are receiving a letter from ICO (Information commissioner office), reminding them of their duty to pay ICO data protection fee if they process personal information of the [...]
Get your Workplace in Order with Top Accounting Software
Depending on the services your business offers, you will need certain business software, including accounting software . Accounting software will help your business operate efficiently by keeping [...]
Can business reclaim all VAT
Can a business reclaim input VAT on all Costs? Can a business reclaim input VAT on all Costs? VAT-registered business owners can recover input tax for VAT costs associated with running their [...]
Fundamentals of business Accounting
Accounting: The Age-Old Profession, Employing New-Age Technology "Annual income twenty pounds, annual expenditure nineteen [pounds] nineteen [shillings] and six [pence], result happiness. Annual [...]