As a chartered accountancy firm dedicated to delivering exceptional service and results, we are proud to be members of the UK200Group, a professional services association of quality assured chartered accountancy, law, and tax led firms with a strong sense of independence. Our membership not only endorses our commitment to maintaining […]
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As an accountant we understand that the current climate is affecting us all in many and different ways. From businesses having to restructure and make changes to their workforce and work practices, to individuals and families having to tighten their belts, and re-evaluate their finances. A recent report from […]
In March, immediately after the Chancellors latest budget, we asked SMEs across the UK to share their outlook for the next 12 months. The findings make for interesting reading – including: 46% of businesses with less than £250k turnover are expecting reduced income over the next 12 months. 67% of […]
Chancellor Rishi Sunak published the second full Budget since the start of the Coronavirus outbreak on Wednesday 3 March 2021. So, what does it mean for the UK’s taxation landscape? Almost 12 months on, the Budget laid bare the economic impact of COVID-19 and how Sunak intends to get economic […]
Did you set up your own business under the premise that you would have more time, flexibility, and freedom – but it just hasn’t worked out that way? You may be getting lost under all those business owner hats and feeling overwhelmed. You may feel slightly sad at the ‘loss’ […]
It’s been almost a year since the first lockdown and arguably, as business owners we are all getting used to pivoting, working remotely and restrictions being placed on all aspects of our lives. But that doesn’t make it easier and it can be overwhelming to keep on top of the […]
HM Revenue & Customs have slightly changed the requirements for claiming the third tranche of the SEISS compared to the previous two tranches – but the result may have a major impact on the self employed’s ability to claim the SEISS. When claiming the first two SEISS grants the […]
You will be aware that HMRC allowed Self Assessment taxpayers struggling to pay their 2019-20 tax bill due to coronavirus (usually due by 31st July 2020) to opt to settle the majority of this on 31st January 2021 instead. For people with cashflow issues this will have been a welcome […]
The North East LEP region has been awarded £2.4 million of ERDF funding to support SMEs to recover from Covid19. If you have been directly impacted by the coronavirus pandemic you could be eligible to apply for grants between £1,000 to £3,000 to access one to one expert advice on […]
We’ve helped businesses across the region secure £11 million in financial support during the Coronavirus pandemic, saving 600 jobs to date. With a ‘business as usual’ approach our team has worked continuously throughout lockdown giving expert advice to business owners to claim Government grants and loans as well as advice […]
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