Why Supply Chain Mapping is Important for Business Resilience

Do you know where every item you need to bring your product to market comes from? From raw material to finished goods? Every step of the journey, from A to B, and ultimately to you? Which roads, whose waggons, which warehouse? Supply chain mapping is all about...

Self-Employment Income Support Scheme Fourth Grant (SEISS)

In the recent Budget, the Chancellor has set out further support for the self-employed. In addition to the upcoming fourth grant, there will also be a fifth SEISS grant covering the 5 months to 30 September 2021. The Chancellor has extended the scheme to include...

Changes to the Coronavirus Job Retention Scheme from July 2021

The Coronavirus Job Retention Scheme has been extended until 30 September 2021 and the level of grant available to employers under the scheme will stay the same until 30 June 2021. The current version of the furlough scheme that started on 1 November 2020 was...

Making Tax Digital – Corporation Tax

Making Tax Digital. It’s at the heart of the government’s vision of a modern, transformed tax administration. With a consultation now running, Making Tax Digital (MTD) for corporation tax is on its way. MTD: at a glance For the government, MTD for corporation tax (CT)...

How to Plan for Your Retirement

Get on track for a comfortable retirement. If you have a defined contribution pension scheme – whether private or through your employer – your retirement savings have probably been hit quite hard by the COVID-19 pandemic over the past 12 months. That’s because pension...

Tax Tip – Making Use of NIC Saving Strategies

When extracting profits from your business, the tax-efficient use of benefits can save income tax and may also reduce your National Insurance Contribution (NIC) liability. Some strategies which could help to save NICs include: • increasing employer contributions into...