COVID GRANT FUNDING from Local Councils

The applications for the small business, hospitality business and rates relief grants are now available. The deadline is 31 March 2021 so please deal with this before this date if you qualify.  The applications are similar on each council site – see below: DUNDEE CITY Dundee City Council website – https://www.dundeecity.gov.uk/coronavirus-covid-19 Click on “Advice for[…]

CORONAVIRUS (COVID-19) GUIDANCE

In these uncertain times I wanted to reach out to you all to let you know we are here to offer support and guidance over the next few months and beyond.   Health and wellbeing are the most important things right now so we made the decision last week that our people are working remotely[…]

CHANGES TO CAPITAL TAX GAINS

From the 6th of April 2020, there will be some changes to capital tax gains. To make sense of the upcoming adjustments, we will show you how these changes work in action: Letting Relief: £40,000 Potential Tax Relief Lost Current Rules Capital gains tax relief of up to £40,000 (£80,00 per couple) is available if[…]

IS FACEBOOK ADS RIGHT FOR YOUR BUSINESS?

Facebook is one of the biggest social media platforms in the world. In recent years Facebook advertising has become commonplace – but is it an effective means of advertising for your business? Facebook is one of the world’s most popular social media platforms with a global audience. Users tend to access social media on their[…]

KEEPING PROJECTS ON TRACK

How to keep a big project on track when you are managing conflicting priorities. At the beginning, managing a big project can be exciting and everyone wants to get involved. However, as time goes by, other priorities can prove distracting. Maintaining focus is key to successfully delivering any big project. Involve your key stakeholders Every[…]

GOOGLE MY BUSINESS

Google My Business is a service provided by Google that literally puts your business on the map. You’ve probably seen ‘Google My Business’ before when searching for ‘restaurants, shops, petrol stations, etc. near me’ on your mobile phone. The listing will display the name of the business, its rating on Google Reviews, opening hours, address[…]

INHERITANCE TAX IN THE SPOTLIGHT

We are expecting major changes to inheritance tax (IHT) in the March budget following two reviews by the Office of Tax Simplification (OTS) and a report by an all-party parliamentary committee. IHT is perceived as a complicated tax with numerous trivial reliefs and exemptions. Currently the tax only generally applies to transfers on death and[…]

THINGS TO CONSIDER BEFORE THE END OF THE TAX YEAR

Spring is approaching quickly, and the new tax year will be upon us before we know it. Here are a few things you may wish to consider: YEAR END CGT PLANNING Have you used your 2019/20 £12,000 annual capital gains exemption? Consider selling shares where the gain is less than £12,000 before 6 April 2020.[…]

BUDGET DAY IS NOW 11 MARCH

The December General Election meant that the Autumn Budget was delayed and we now know that Sajid Javed will deliver his first Budget on the second Wednesday in March which is when Budget day used to be!   We are expecting that the tax measures in the Conservative Party manifesto will be announced again together[…]

REVIEW OF OFF-PAYROLL WORKING RULES

In January the government launched a four-week review of the changes to IR35 “off-payroll” working rules scheduled to come into force in April, as the result of mounting criticism about the way they will operate. The review is scheduled to conclude by mid-February and will see the government hold a series of meetings with stakeholders[…]

CHANGES TO DISGUISED REMUNERATION LOAN CHARGE

The independent loan charge review, conducted by Sir Amyas Morse, was published on 20 December, having been delayed due to the general election. The loan charge was introduced to collect tax from individuals who had benefited from schemes devised to avoid PAYE and national insurance. The date that the loan was made to the individual[…]