I am Self-Employed- Does This Mean I Get a Tax Refund Because of Covid-19?


Because of the government’s lockdown measures to prevent the spread of Coronavirus, it has meant that everyone has started working from home. This is fine if you can just pick up your work and move it to another physical space, but what about all the self-employed people?

Keep Calm About Cash Flow!


Most business owners have encountered or will encounter cashflow problems- the trick is to get yourself back on track! If you are currently struggling or fear that you are going into a hole don’t worry you are not alone! These simple tips will give you a helping hand to get you back onto your feet.

How to Avoid Tax Penalty on Child Benefit


Earning over £50,000? Here’s how to avoid a tax penalty on child benefit...

Importing/Exporting Brexit Considerations


What actions should be taken by businesses that import/export goods after Brexit?

Chinese Export Markings: Fact Or Fiction?


There was a safety alert which described the dangers of electrical equipment with the incorrect conformity marking: ‘’Chinese Export’’. Ultimately this alert was a hoax but it shows that you should always be aware of what you are buying and from whom.

Do you want to save tax? Accurate bookkeeping will be the way forward!


When it comes to keeping records of your transactions it is always important but the stakes are even higher when it comes to expenditure on buildings and equipment! So make sure you always use the correct headings!



At the moment in a liquidation of a company HMRC is a non-preferential creditor and rarely recovers more than 4% of debts owed but previously, before 2003, HMRC was a preferential creditor for certain taxes. From 6th April 2020 new rules regarding insolvencies will be put into place.

The Domestic Reverse Charge (DRC) and your Construction Business


The domestic reverse charge (referred to as the reverse charge) is a major change to the way VAT is collected in the building and construction industry. It comes into effect on 1 October 2019 and means the customer receiving the service will have to pay the VAT due to HMRC instead of paying the supplier.

Making Tax Digital for VAT


1st April 2019 marks a change to the way VAT is filed. With the exception of voluntary registrations (turnover below £85,000) all VAT returns starting on that date will have to be filed under the new Making Tax Digital for VAT regime...