Is incorporation right for me?

As business advisers, we’re often asked whether incorporation is the right choice for new and growing businesses.

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SME leaders optimistic towards post-Covid recovery time

Small and medium-sized enterprise (SME) leaders are optimistic about post-Covid-19 recovery time, suggesting it will take an average of 12 months for their businesses to make up for the lost revenue. Chirag Shah, CEO, Nucleus Commercial Finance, who commissioned this

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Self Employment Income Support Scheme: fourth grant now live

Self-employed workers will be able to claim the fourth Self Employment Income Support Scheme (SEISS) Grant from 22 April 2021. Commenting on the launch of the grant, the Institute of Chartered Accountants in England and Wales (ICAEW) said the scheme

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Parents missing out on tax-free childcare bonus of up to £500

Parents are being encouraged to check whether they are missing out on a tax-free childcare bonus of £500. Families using tax-free childcare accounts to pay for their childcare costs could receive a Government top-up worth up to £500 every three

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Applications for SME Brexit Support Fund underway

A new scheme that supports small and medium-sized businesses with a grant of up to £2,000 has opened. The scheme provides grants to help tackle the new admin requirements for imports and exports to and from EU countries, as well

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Thousands of cases of COVID-related fraud and cyber-crime are being investigated

A special police task force, tackling fraud in England, Wales and Northern Ireland, says it is investigating 6,000 cases of cybercrime, worth a staggering total of £34.5 million since March last year. The Action Fraud team is investigating many cases,

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Majority of SME owners have loaned personal money to their business during the pandemic

A new study has found that nearly six in 10 (59 per cent) small business owners loaned personal money to their business during the pandemic to help it survive. Research undertaken by one of Europe’s largest small business lenders, iwoca,

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Coronavirus insolvency measures extended until the end of June

To help businesses with the ongoing impact of the pandemic the Government has decided to extend measures in the Corporate Insolvency and Governance Act (the Act) to protect struggling companies. The extension to the measures introduced in the Act, includes

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Inheritance tax reporting to be simplified

Rules coming into effect from 1 January 2022 will mean that nine in 10 estates that are not subject to Inheritance Tax (IHT) will no longer need to complete IHT forms as part of the probate process. Meanwhile, a temporary

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Do you have taxable benefits? Start preparing now!

The last tax year has not long ended, but now is the time to think about how you report taxable benefits provided to your employees.

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