Bookkeeping, Accountancy and Taxation services
The Chancellor's 'mini budget' last week introduced measures across many sectors designed to help kick-start the UK economy following the pandemic, here we look at the Stamp Duty Land Tax increase in more detail. The housing market has been … Continue reading SDLT Threshold Temporarily Increased
Families and individuals that receive tax credits should ensure that they review their tax credit claims by 31 July 2020. Claimants who do not inform HMRC about relevant changes in their circumstances by the deadline date may have their payments … Continue reading Tax Credits Renewal – 31st July
Today, Chancellor Rishi Sunak has announced a wave of measures to help get the UK economy back on track as we emerge from months of lockdown. The government would be defined by its response to the crisis and I would never accept unemployment as … Continue reading What Does The Chancellor’s ‘Mini Budget’ Mean For You?
On 26 June 2020, the Chancellor, Rishi Sunak made a further (third) Treasury Direction under sections 71 and 76 of the Coronavirus Act 2020 concerning the Coronavirus Job Retention Scheme (CJRS). There are a number of important changes to the way … Continue reading Coronavirus Job Retention Scheme Updates
One of the questions we are most frequently asked by both current and especially by new clients relates to the most appropriate structure for their business. It’s rarely a topic that has a clear answer as there are advantages and disadvantages to a … Continue reading Is a Partnership the right business structure for you?
The team are starting to return back to the office as of Monday 6th July. Our opening hours will be; Monday - Thursday 9am - 5pmFriday - Office closed as the team will work remotely until 1pm. Please arrange an appointment to drop off / … Continue reading We’re Back In The Office
The government has confirmed a further easing of lockdown as pubs, cafes, restaurants, hotels, hairdressers and cinemas have been given permission to reopen in England from 4 July. These changes will see a further move towards the reopening … Continue reading Businesses Prepare For ‘Super Saturday’
One of the questions we are most frequently asked by both current and especially by new clients relates to the most appropriate structure for their business. It’s rarely a topic that has a clear answer as there are advantages and disadvantages to a … Continue reading Is a sole trader business the right business structure for you?
The Government has launched a raft of grants and loan guarantee arrangements since the Coronavirus lockdown started. In most cases the grants are non-repayable and treated as your taxable income. A loan, on the other hand, will result in an … Continue reading Loans Vs Grants
The UK has confirmed that the Brexit transition period which expires on 31 December 2020 will not be extended. The EU has formally accepted this position. With just over six months to go before the end of the transition period there is a lot of work … Continue reading What Will The Brexit Transition Period Look Like For Businesses?
Back in March, it was announced that business owners would be allowed time to pay VAT liabilities due to Covid-19 and its negative impact on businesses. Business owners who chose to defer their VAT payment need to be aware that the deferment option … Continue reading Did You Defer Your VAT – Time To Reinstate Your Direct Debit
At MJB Avanti, we have seen some clients that surprisingly were not eligible for the Self Employment Income Support scheme (SEISS). As each case has been examined, we have come across circumstances unique to each individual which impeded their … Continue reading Sole Traders: How Do Your Individual Circumstances Affect Your SEISS Eligibility?
