Getting back to the office – are you ready?

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Getting back to the office – are you ready?

Government restrictions for UK employees to work from home ended 19 January 2022. For many workers, this is music to their ears. They can pick up their favourite coffee for their commute and catch up with colleagues in the flesh. However, the day that we see everyone getting back to the office is unlikely to happen soon. […]

Getting back to the office – are you ready? Read More »

Government restrictions for UK employees to work from home ended 19 January 2022. For many workers, this is music to their ears. They can pick up their favourite coffee for their commute and catch up with colleagues in the flesh. However, the day that we see everyone getting back to the office is unlikely to happen soon.

Visiting Wilder Coe

Visiting our offices is by appointment only. The safety and protection of our clients and team members have always been our top priority throughout the pandemic. As we now adjust to the “new normal,” this is more important than ever. In common with many organisations, we have adopted a hybrid-working policy. Our team members are

Visiting Wilder Coe Read More »

Visiting our offices is by appointment only. The safety and protection of our clients and team members have always been our top priority throughout the pandemic. As we now adjust to the “new normal,” this is more important than ever. In common with many organisations, we have adopted a hybrid-working policy. Our team members are

Can you avoid the P11D process?

Employers submit a P11D form to HM Revenue & Customs (HMRC) at the end of every tax year. A P11D outlines the benefits or expenses you have provided to your employees outside of their wages.  You must submit a P11D form by 6 July following the end of the tax year. At the same time,

Can you avoid the P11D process? Read More »

Employers submit a P11D form to HM Revenue & Customs (HMRC) at the end of every tax year. A P11D outlines the benefits or expenses you have provided to your employees outside of their wages.  You must submit a P11D form by 6 July following the end of the tax year. At the same time,

Start-up trends 2022

Start-up trends 2022

New Year, new career? Many people lost their jobs during the pandemic or decided to take a new career journey by setting up a new business. We take a look at the start-up trends for 2022.  Whether it is a full-time endeavour or a part-time side hustle, people are looking for ways to make extra

Start-up trends 2022 Read More »

New Year, new career? Many people lost their jobs during the pandemic or decided to take a new career journey by setting up a new business. We take a look at the start-up trends for 2022.  Whether it is a full-time endeavour or a part-time side hustle, people are looking for ways to make extra

New tax rules on holiday lets

New tax rules on holiday lets. What does it mean for owners?

Do you own a second home? Be careful of the new tax rules on holiday lets or you could end up facing tough measures. It was recently announced that the Government would reform business rates relief for owners of second homes – resulting in some holiday let owners facing additional costs of up to £1,000

New tax rules on holiday lets. What does it mean for owners? Read More »

Do you own a second home? Be careful of the new tax rules on holiday lets or you could end up facing tough measures. It was recently announced that the Government would reform business rates relief for owners of second homes – resulting in some holiday let owners facing additional costs of up to £1,000

directors banned for Bounce Back Loan fraud

Company directors banned for Bounce Back Loan (BBL) fraud

Two company directors have received a ban totalling 21 years after fraudulently claiming £100,000 in bounce back loans (BBL). Following an investigation by the Insolvency Service, Aamer Aslam from Huddersfield and Razwan Ashraf from Keighley were disqualified for 11 and 10 years respectively. The duo were co-directors of Scholars Academy Ltd, a specialist tuition centre

Company directors banned for Bounce Back Loan (BBL) fraud Read More »

Two company directors have received a ban totalling 21 years after fraudulently claiming £100,000 in bounce back loans (BBL). Following an investigation by the Insolvency Service, Aamer Aslam from Huddersfield and Razwan Ashraf from Keighley were disqualified for 11 and 10 years respectively. The duo were co-directors of Scholars Academy Ltd, a specialist tuition centre

MTD pilot scheme

MTD pilot scheme trialled by only nine volunteers

The MTD (Making Tax Digital) pilot scheme for the next phase of the HM Revenue & Customs (HMRC) initiative has seen a drastic slump in users. Self-employed businesses and landlords with annual business or property income above £10,000 will need to follow the rules for MTD for Income Tax and Self-Assessment (ITSA) from 6 April

MTD pilot scheme trialled by only nine volunteers Read More »

The MTD (Making Tax Digital) pilot scheme for the next phase of the HM Revenue & Customs (HMRC) initiative has seen a drastic slump in users. Self-employed businesses and landlords with annual business or property income above £10,000 will need to follow the rules for MTD for Income Tax and Self-Assessment (ITSA) from 6 April

late payment crisis and failing SMEs

More than 44,000 SMEs failing due to a late payment crisis

According to the Federation of Small Businesses (FSB) survey, more than 440,000 small businesses could fail because of a new late payment crisis. The national small business organisation has called for the Government to step in and take urgent action to improve how companies are paid. According to the FSB study, 30% of small businesses

More than 44,000 SMEs failing due to a late payment crisis Read More »

According to the Federation of Small Businesses (FSB) survey, more than 440,000 small businesses could fail because of a new late payment crisis. The national small business organisation has called for the Government to step in and take urgent action to improve how companies are paid. According to the FSB study, 30% of small businesses

Tax tips to help your business save money

Tax tips to help your business save money

Are you setting up a new business, or already a well-established company? Did you know that there are ways you can save money through tax reliefs and allowances. Certain tax initiatives even allow business owners to save money that they can reinvest back into their company. Enhanced Capital Allowance (ECA) ECA schemes encourage businesses to

Tax tips to help your business save money Read More »

Are you setting up a new business, or already a well-established company? Did you know that there are ways you can save money through tax reliefs and allowances. Certain tax initiatives even allow business owners to save money that they can reinvest back into their company. Enhanced Capital Allowance (ECA) ECA schemes encourage businesses to

Income tax basis periods for unincorporated companies

Income tax basis period – What unincorporated businesses need to know

Are you an unincorporated company? Watch out for the income tax basis period reform. All unincorporated businesses, including sole traders, the self-employed and trading partnerships, will be taxed on profits generated in the 12 months to 5 April (or 31 March) each year from 2024-25. Here is what you need to know about the income tax

Income tax basis period – What unincorporated businesses need to know Read More »

Are you an unincorporated company? Watch out for the income tax basis period reform. All unincorporated businesses, including sole traders, the self-employed and trading partnerships, will be taxed on profits generated in the 12 months to 5 April (or 31 March) each year from 2024-25. Here is what you need to know about the income tax