by AccountingPreneur | Mar 23, 2020 | Business Support Covid-19
#1 GOVERNMENT SUPPORT FOR BUSINESSES On Friday 21ST the Chancellor set out a package of measures to support public services, people and businesses through the period of disruption caused by COVID-19. The package of measures to support businesses includes: •...
by AccountingPreneur | Mar 19, 2020 | Business Support Covid-19
The Chancellor has set out a package of measures to support public services, people and businesses through this period of disruption caused by COVID-19. This includes a package of measures to support businesses including: Support for businesses who are paying sick pay...
by AccountingPreneur | Dec 11, 2019 | Cash Flow
Cash flow is king in any business. Yet cash flow is one of the areas that many businesses struggle to manage. Customers are reluctant to part with their money, even if it’s to pay for your goods or services. As such, it can take a while for them to pay their...
by AccountingPreneur | Dec 5, 2019 | Tax
Where possible higher rate taxpayers should “Gift Aid” any payments to charity to provide additional benefit to the charity and for the individual to obtain additional tax relief on the payment. For example where an individual makes a £20 cash donation to charity the...
by AccountingPreneur | Nov 13, 2019 | Directors' Loan Account, Tax
In a recent Tax Tribunal case the judge agreed with HMRC that a detailed breakdown of directors loan account transactions is required, including dates. The significance is that where the loan account is overdrawn (debit balance) there may be a possible P11d benefit on...
