Brexit: What’s Next

Brexit: What’s Next

While the world is overwhelmed with the COVID-19 crisis, the Brexit plans are going ahead. Predictably, they will have a financial and legal impact on our business and everyday life. AAT, a professional membership body, collected a list of “what accountants...
Making Tax Digital – What Does It Mean for You?

Making Tax Digital – What Does It Mean for You?

Some big news about the Government’s ambitious push on Making Tax Digital programme: From April 2022 – the voluntarily VAT-registered (VAT-able turnover below £85K) will be required to digital tax service’ and move to keeping digital VAT records and submit VAT...
Self-Employment Income Support Scheme is now open

Self-Employment Income Support Scheme is now open

The scheme will allow you to claim a taxable grant of 80% of your average monthly trading profits, paid out in a single instalment covering 3 months, and capped at £7,500 altogether. This is a temporary scheme, but it may be extended. If you receive the grant you can...
Sick Pay because of Coronavirus: a brief guide

Sick Pay because of Coronavirus: a brief guide

Boris Johnson today (o4 March 2020) announced a new plan how to deal with coronavirus, and it also included some changed in the law and guidelines how to deal with cases when the workers are advised by NHS to self-isolate. Here we compiled some resources for companies...
IR35: Myths and Reality

IR35: Myths and Reality

Thousands of self-employed workers will face the huge implications from April 2020 when the employment law changes. While the original reasoning behind it to crack down on the self-employed individuals operating through a company, it will affect these people...