As a business owner, it is important to understand when you need to register for VAT and the deadlines for completing VAT returns and payments.
The Government has announced that the current Annual Investment Allowance (AIA) of £1,000,000, which was due to revert down to £200,000 on 1 January 2021, will be extended for a further year to 1 January 2022.
On 22 October, the Chancellor announced that business grants will be expanded to help businesses that have been forced to close or have been severely impacted by the new tier system.
Even though the normal office Christmas party might be banned, there are still ways to reward your employees for their hard work through a Benefit in Kind (BiK).
The government has announced that Self Assessment payments which were deferred earlier this year can now be paid through a Time to Pay payment plan.
The Coronavirus Business Interruption Loan Scheme (CBILS) allows businesses to access bank lending and overdrafts of up to £5m over 6 years.