furlough

HMRC has published new guidance which explains what steps it will take to recover furlough payments that have been wrongly claimed. HMRC accepts that ‘mistakes happen’ and says that it isn’t looking for ‘innocent errors’. Instead, it is going to …

Think you might have overclaimed on Furlough Scheme? What to do next… Read more »

know your numbers

As a freelancer, sole trader or small business owner, other than knowledge of your own trade the most important thing to keep on top of in your business are the numbers. Income, expenses, cashflow, projections, first-hand knowledge of these will …

Do you know your numbers? Read more »

tax free

Did you know that HMRC seasonal rules allow employers to throw staff a tax free Christmas party!! It’s true – the seasonal allowance can be used to subsidise employee food, drink, travel or accommodation. Employers have been reminded that in the …

Tis the season to be jolly (and tax free!!) Read more »