Live updates to be published here and then summarised after Chancellor Rishi Shunak is set to release a budget for unusual times on 3rd March 2021 – “Whatever it takes” Key announcements  Protect jobs Furlough scheme to be extended to end of September, no change to terms for employees As businesses reopen employers will be…

The new grant will give small businesses immediate cash grants of between £1,000 and £5,000 to cover the cost of essential services during the post-lockdown recovery. You could use the grant to hire advisors to provide specialist advice to support your business’s recovery following the impact of the pandemic such as assistance with cash-flow forecasting…

It didn’t seem overly exciting; however, there are always snippets within the details that will have a major impact. Flat rate vat changes will impact many of our clients. Disguised remuneration also came up again. We will of course look into the detail and notify our clients of any impacts on them. Chancellor Philip Hammond…

Live updates on the items that will affect small businesses. Keep refreshing the page. Also available on our Facebook page and our twitter feed.   We choose to put the next generation first Chancellor confirms his view that Brexit will create uncertainty on the OBR growth forecasts Lowest proportion of people claiming benefits since 1970…

Salary or dividend? What’s the most tax-efficient way to pay yourself in 2016/17?   Owner-managers and contractors often pay themselves in a combination of salaries, bonuses and dividends. A common strategy is to draw a salary of around £8,000 while also extracting profits from the business as a dividend. A salary of £8,060 (for the…

Hi all, welcome back from me an the team (yes, team). I haven’t blogged for a while, hence the title of the post. So what has been going on? Well, it really has been a manic few months for the practice. Due to a significant amount of growth I have moved out of the glorified…

Within the UK VAT system there are situations that can occur where businesses will have to pay VAT to HMRC before they have been paid by their customer. This can be an absolute nightmare for cash flow within a business. This is where bad debt relief can really help a business out. Where the business…

Claire and I today attended the FSB Trade Fair at Salisbury. It was a great event, although a bit quiet on the people front. This was a fabulous opportunity for us to get to know a few more people in a community where we don’t have a

As a great supporter of environmental issues, PAH accounting are always looking at ways businesses and individuals can help the environment. This months guest article is contributed by Chris Mattos of Randall and Payne accountants and explores the issue of Solar Panels. Not only are they very green but they could make a great business…