News

Amidst the COVID-19 crisis, we’ve been advising our clients to explore the possibility of making a Research & Development (R&D) tax credit claim. This has resulted in us submitting a record number of claims; in the space of just two months, we have claimed over £1m back in R&D tax relief for our clients. Never […]

HMRC’s update released on 4th May has advised that they are not allowing agents (us) to complete claims on behalf of individuals for their self-employed grants. The claims service will be available from 13th May 2020 but you will need to check eligibility online to find out if and when you can claim. We strongly […]

Research and Development tax credits, commonly referred to as simply ‘R&D’ is a government incentive designed to drive forward innovation across multiple industries. This is an opportunity for you to reduce your corporation tax bill or receive a refund from HMRC based on the working hours your business dedicates to R&D. The criteria can include […]

Head of Business Costs & Finance, Scott Herd explains why now is the perfect time to review and save on your energy bills. The COVID-19 pandemic continues to wreak havoc on our lives, businesses and the wider economy. Many businesses are concerned for their future as they have to contend with a loss of earnings. […]

From 6th April 2020, any capital gains tax (CGT) due on the disposal of a UK residential property must be reported and paid within 30 days. Anyone selling UK residential property needs to be aware of these changes. Previously, the disposal of any kind of property (residential or not) was reported on the annual self-assessment […]

If you’ve already sent us your Insurance documentation for us to review, thank you, we are currently in the process of reviewing these documents and will be in touch in due course with our findings. Should you have any urgent concerns please feel free to contact our Insurance helpline on 01925 906469 and we will […]

Guidance for the Coronavirus Job Retention Scheme (CJRS) has now been published. CJRS will allow employers to be reimbursed for 80% of employee salaries up to a cap of of £2,500 and associated wage costs for furloughed workers. Here’s what you need to know. Key points If an employee is unable to work or has […]

Yesterday, the Chancellor announced a new Self-employment Income Support Scheme to support self-employed people who have been adversely affected by COVID-19. GOV‌.UK has further details about who is eligible for the scheme and how it will work. Self-employed people do not need to get in touch with HMRC as the scheme isn’t yet open for applications. HMRC […]

Firstly, we would like to reassure clients that we are still up and running. Many of our staff are now working from home, meaning that any outstanding work from our end will still be completed. We ask that you bear with us though, as due to the government implication that up to date financial statements may […]

We know that these are very worrying times given the unprecedented situation regarding Coronavirus (COVID-19). We wanted to let you know what we are doing to help keep our clients and staff as safe as possible. The health and wellbeing of our clients and staff is extremely important to us. We are following official guidance from Public […]