Following a challenging year, divorce statistics are up as relationships have buckled under the added pressures of Covid. If you are a couple that is getting separated or divorced, apart from the emotional stress, there are also tax issues that … Continue reading Divorcing or Separating – Have You Considered The Tax Implication?
The rent a room scheme is a set of special rules designed to help homeowners who rent a room in their home. The current tax-free threshold of £7,500 per year has been in place since 6 April 2016. Homeowners using this scheme should ensure that rents … Continue reading Rent a room – office accommodation
Crowdfunding is a way of raising money for a business venture, personal endeavor, or charitable cause, where a large number of people invest in or donate money to the cause. Crowdfunding is becoming more popular with startup and early-stage … Continue reading Could Crowdfunding Be A Viable Option For Your Restaurant?
Closing a deal is arguably the most important part of the sales cycle. Your firm might have a database full of potential leads, your products and services could be the best in your market sector but if you can’t close a sales deal, then your … Continue reading Is Your Business Growing?
Instances of fraud have increased during the pandemic - what can you do to help mitigate the risks? Throughout the Covid-19 pandemic, businesses have experienced an increase in the level of fraudulent activity. Many firms have moved their business … Continue reading Protecting your business against fraud
There are options open to taxpayers who disagree with a tax decision issued by HMRC. It is important to note that not all decisions by HMRC can be appealed against. HMRC makes it clear that a taxpayer who disagrees with a decision should send a … Continue reading What to do if you disagree with HMRC
VISA has issued information regarding changes to card processing security from September 2021. The idea is to reduce online fraud. The changes will apply across Europe. A key part of the new security arrangements is the requirement for Strong … Continue reading Additional Security For Card Transactions
A new strategy to ensure England’s pubs, bars, restaurants, and other hospitality venues can thrive long-term and adapt to consumer demands has been launched by Business Minister, Paul Scully. Recovery measures include: Highlighting … Continue reading Good News For Hospitality
MJB Avanti would like to remind business owners of the key points; • Any employees on furlough are not allowed to complete any revenue generated work during the time on furlough• If any claims need amending due to previous claims being incorrect, … Continue reading A Reminder Of The Furlough Rules
1 July 2021 - Due date for Corporation Tax due for the year ended 30 September 2020. 6 July 2021 - Complete and submit forms P11D return of benefits and expenses and P11D(b) return of Class 1A NICs. 19 July 2021 - Pay Class 1A … Continue reading Important Tax Dates July/ August
A business that incurs expenditure on taxable and exempt business activities is partially exempt for VAT purposes. This can happen where a business makes or intends to make both, taxable and exempt supplies and incurs input tax that relates to both … Continue reading VAT and The Partial Exemption
As the school holidays fast approach, many parents face having to organise extra school holiday childcare over the summer months. HMRC is reminding working families that the Tax-Free Childcare (TFC) scheme can help if you have children aged up to … Continue reading Tax-Free Childcare Scheme Can Be Used For Summer Activities