Now that the majority of COVID-19 restrictions are being eased, or removed completely, can we assume that normality can return in place of the unremitting uncertainty of the past two years? Whilst this may seem to be a welcome prospect, business owners badly affected by this disruption will have two issues holding them back: A […]
Monthly Archives: March 2022
You and each member of your family is entitled to make tax-free capital gains of up to £12,300 in the 2021-22 tax year. If you have made no disposals that would trigger a capital gain in 2021-22, consider the following: If you have assets, shares for example, that you are thinking of selling, you may […]
You usually need the agreement of your company’s directors and shareholders to close a limited company. The way you close the company depends on whether or not it can pay its bills. If the company can pay its bills (it is ‘solvent’) You can either: apply to get the company struck off the Register of […]
1 March 2022 – Due date for Corporation Tax due for the year ended 31 May 2021. 2 March 2022 – Normally Self-Assessment tax for 2020-21 would need to be paid by 2 March or a 5% surcharge would be incurred. This year HMRC is giving taxpayers more time to pay and no surcharge will […]
More challenges to our financial plans last week as the Russian incursion into Ukraine has boosted the price of oil and gas and adds a new layer of uncertainty to global economic activity in the coming year. How will this affect our current business plans? There is a tendency to see a business plan as […]
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