Drawings, profits and tax
If you are self-employed – this article does not apply to the directors and shareholders of limited companies – there is often a mis-match between the amount you draw
Why footfall is important
All businesses have customers, According to HMRC, even they have customers…
Sales are the amount of goods and services that you provide your customers and there are three
SEISS extended to new parents
The government has announced that the scope of the Self-employment Income Support Scheme (SEISS) will be extended to help new parents. The newly announced measures are designed to
Retain or let go?
Last week, we considered one of the issues that employers will likely need to consider in the coming weeks and months: productivity.
This week we have listed other factors that
Saving for taxes
While our businesses have been able to maintain or increase profits there has been an unwritten acceptance that we will pay for current taxes out of future cash resources.
For
CJRS changes announced 12 June 2020
We reported late last month on the extension of the Coronavirus Job Retention Scheme to 31 October 2020 following the announcement by the Chancellor, Rishi Sunak. At the time, the
Head count or productivity?
In the not to distant past business managers were prone to “empire building”. Increasing head count was more important than increasing productivity.
This bygone-age
Why are profits important?
Dictionary definitions of the word profit tend to include such synonyms as “advantage”, “financial gain” and “financial advantage”.
Longer
Furlough Scheme over-claims
HMRC’s guidance makes it clear that any business that makes an error in making a Coronavirus Job Retention Scheme (CJRS) claim must pay back any amount over-claimed. Any
Furlough Scheme maximum claims
As our readers will be aware, the Coronavirus Job Retention Scheme (CJRS), has been extended until 31 October 2020. There are a number of important changes to the way the scheme