Bounce-back loans – where are we now?

Bounce-back loans – where are we now?

Mar 8, 2022 | Covid-19, FAQ, Information, Loans

The bounce back loans, CBILS and CLBILS for larger companies were some of the most generous schemes available to businesses suffering from the impact of lockdowns due to the Covid-19 pandemic, paying out a total of £80 billion to help keep businesses afloat. The...

Do I need to register for Making Tax Digital for VAT?

Nov 8, 2021 | Expenses

In the UK, if you are making taxable supplies and your turnover exceeds £85,000, you must register for VAT. In certain circumstances, even if your turnover has not exceeded the threshold, you can voluntarily register for VAT. From April 2019, most businesses (there...
Apply for the second Self-Employment Income Support Scheme (SEISS) Grant – 17th August 2020

Making Tax Digital

Jul 14, 2021 | Business Start Ups, Making Tax Digital

In his March 2015 budget, the Chancellor announced that this was “the end of the tax return as we know it”. The key change is that businesses will be required to digitally file tax returns on a quarterly basis. So what does this mean for you? The new digital tax...
Find a lost UTR

Find a lost UTR

Jun 26, 2021 | FAQ, HMRC, UTR

What is a UTR? A UTR is a 10-digit number Unique Taxpayer Reference. You will automatically be sent it when you: register for Self Assessment set up a limited company Where do I find my UTR? Your UTR will be on previous tax returns and any other documents received...
How to find your VAT registration date.

How to find your VAT registration date.

Jun 26, 2021 | FAQ, VAT

What to do if you have lost your VAT registration certificate.   In order to register for Making Tax Digital (MTD) or to authorise your accountant to file your VAT returns for you you will need to know your Effective Date of Registration for VAT. Whilst this can...
Small Business Grant Funding

Small Business Grant Funding

Mar 25, 2021 | Information

What is it? The Government is providing additional funding for Local Authorities to support small businesses that already pay little or no business rates because of small business rate relief (SBRR), rural rate relief (RRR) and tapered relief. This will provide a...