News & Articles

Tuesday 6th October 2020
Job Support Scheme starts 1 November
The Chancellor has announced a new 6 month Job Support Scheme to help businesses and employees survive the winter months. We are still awaiting full details of the scheme that will replace the current “flexible furlough” scheme but the main features are as follows:- Employers of all ...
Tuesday 8th September 2020
Introducing Andrew..... 7 Questions feature with Sevenoaks Chamber of Commerce
As part of our ongoing partnership with Sevenoaks Chamber of Commerce, one of our Director's Andrew Appleton recently took part in their "7 Questions" feature to introduce Andrew and our organisation to Chamber members. In case you missed it, have a read below...... 1. ...
Tuesday 1st September 2020
MTD for VAT to be extended to all VAT registered businesses in 2022
Since 2019, the vast majority of VAT-registered businesses with a taxable turnover above the VAT threshold (£85,000) have been mandated to keep digital VAT records and send returns using Making Tax Digital (MTD)-compatible software. From April 2022 these requirements will apply to all ...
Tuesday 24th March 2020
Is Facebook advertising right for your business?
Facebook is one of the biggest social media platforms in the world. In recent years Facebook advertising has become commonplace – but is it an effective means of advertising for your business? Facebook has a huge global audience – it is one of the world’s most popular social ...
Wednesday 12th February 2020
Changes to paying Capital Gains Tax on residential property from 6 April
From 6 April 2020 there is a major change in the reporting and payment of CGT on residential property disposals. From that date, it will be necessary to report the disposal of the property within 30 days of completion of the disposal and pay CGT on account to HMRC. This will be a significant ...
Wednesday 22nd January 2020
New Year's resolutions to save tax
At this time of year we think about New Year’s resolutions. It is also a good time to start planning your tax affairs before the end of the tax year on 5th April. An obvious tax planning point would be to maximise your ISA allowances for the 2019/20 tax year (currently £20,000 ...
Wednesday 20th November 2019
Keep details of your Director's Loan Account, and keep it in credit
In a recent Tax Tribunal case the judge agreed with HMRC that a detailed breakdown of directors loan account transactions is required, including dates. The significance is that where the loan account is overdrawn (debit balance) there may be a possible P11d benefit on the director and also a tax ...
Wednesday 23rd October 2019
Time for an electric company car?
The government has announced that there will be a zero P11d benefit for the drivers of electric cars from 2020/21. This is instead of the 2% scale charge that was originally included in Finance Act 2017 to apply for 2020/21. The legislation for the change will be included in Finance Bill 2020 and ...