Trading loss. Cash flow gain?
Temporary change to the rules on carrying back trade losses was announced in Budget 2021. Unlocking such tax relief could be a considerable cash flow plus for businesses hit by the pandemic.
Temporary change to the rules on carrying back trade losses was announced in Budget 2021. Unlocking such tax relief could be a considerable cash flow plus for businesses hit by the pandemic.
HMRC’s flagship Making Tax Digital (MTD) programme has seen many stops and starts over the years. Where are we now?
With the Brexit transitional period due to end on 31 December 2020, it is important to prepare for the changes that will take place from 1 January 2021.
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.
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).