Blog

HMRC will this week start contacting people who may be eligible for the new Self-Employment Income Support Scheme (SEISS) telling them to be ready to claim when the portal opens next week. The process is intended to... read more

The long-awaited statement from the Chancellor, Rishi Sunak regarding COVID-19 support for the self-employed has been announced. The Chancellor said that the scheme will benefit some 95% of people whose main income source is derived... read more

The end of tax year is a popular accounting date for many businesses, but for those of us with a year-end accounting date of 31 March 2020, reviewing your management accounts for the ten months... read more

Now that we are approaching the end of the 2019-20 tax year it’s worth noting that you are required to keep your self-employed business records – that underpin your self-assessment tax return for 2019-20 -... read more

Starting a successful business isn't easy or everyone would be doing it. And as the majority of new businesses fail in the first five years, that clearly isn't the case! You need a product or... read more

If you are self-employed, and obliged to submit a self-assessment tax return, you must keep your tax records for at least five years after the 31 January submission deadline of the relevant tax year. For... read more

Paying voluntary NICs (national insurance contributions) can make a difference to your entitlement to your state retirement pension and certain other state benefits. There are various reasons as to why gaps may arise in your... read more