All posts by Editorial

HMRC was given another red card about IR35 mutuality of obligation

IR35 Update: HMRC got another “Red Card” about mutuality of obligation

On May 6th, upper tribunal judges, Zacaroli and Scott gave a key ruling in regards to one of IR35’s most disputable factors – ‘Mutuality of Obligation’. Read the full story

Limited company setup guide - Give your new business a flying start

The Complete Guide to Setting Up Your Limited Company in 6 Easy Steps

Even during these troubled and uncertain Coronavirus times, starting a small business is an exciting step. It puts you firmly in control of your own destiny and earning power while also being a very tax-efficient […]

2020/21 dividends tax guide for directors and limited company owners

What are dividends and how are they taxed?

For most small business owners, the best take-home pay solution is a mixture of salary and dividend, whereby you take your tax-free personal allowance as salary and the rest of your income as a dividend. There are certain rules you have to abide by when calculating and taking dividends. Here we explain how dividends work.

COVID-19 support for small business employers – The Coronavirus Job Retention Scheme (CJRS)

What is the Coronavirus Job Retention Scheme (CJRS) and how it can assist you as an employer? What are the CJRS rules you need to be aware of when your employees are furloughed.

Coronavirus Job Retention Scheme (CJRS) - Guide for contractors and business directors with no employees

COVID-19 support for Limited Company Directors/PSCs – Coronavirus Job Retention Scheme (CJRS)

What is the Coronavirus Job Retention Scheme (CJRS) and how do you access it?
How can you furlough yourself as a director of your limited company and what are the CJRS rules you need to be aware of before deciding to furlough yourself?

Coronavirus support for businesses-Cashflow Schemes

COVID-19 support for UK businesses – Cashflow schemes

We have prepared a series of articles to explain what financial help is available to contractors and small businesses, extracting the information that’s most relevant to you. Here we look at the Coronavirus schemes designed to ease cashflow pressures.

2020/21 new tax year rates in the UK

2020/21 Tax Year – What’s Changed?

A new tax year began on April 6th. It will introduce more than a few dramatic changes you should be aware of as a business owner. To help you get ready for the 2020/21 tax year, we have prepared a round-up of these key changes.

Making Tax Digital postponed to April 2021

One less thing to worry about. Making Tax Digital (MTD), delayed until April 2021.

Given the pressures on self-employed people and small business owners at the moment, we’re pleased to see that there’s no need to worry about new Making Tax Digital (MTD) compliance for the time being.