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All of the latest tax and finance news.
Director’s Loan Account
When you choose to set up a limited company, it is a separate legal entity to you as an individual. This is one of the benefits of running a business in this way, as it offers you limited liability and you only risk what you put into the business. Therefore, the money...
4th & 5th Self Employed Income Support Scheme Grant
Claims for the fifth grant under the Self-Employment Income Support Scheme (SEISS) will open from late July. If HMRC think that you are eligible for the grant, they will contact you in mid-July. The fifth grant will cover the period from May 2021 to September 2021.
March Budget 21 – Key changes for businesses & self-employed
Furlough to be extended to September and self-employed income support scheme extended to September with a 4th grant covering February to April & a 5th final grant covering May to September. The 4th & 5th self-employed grant are also available to newly self-employed...