I mowed my lawn last week. Amidst all the gloom surrounding the crisis currently facing the world, how lovely it has been to see some sunshine over the last few weeks. I love this time of year, when lighter evenings and brighter, warmer days make us feel more inclined to be out in the open air.
Continue ReadingMonth: May 2020
I like driving in my car (it’s not quite a Jaguar)
In the past, whenever a client has posed the question “….and how about a company car?” (usually with a hopeful glint in their eye), I have always been pretty quick to quash their dream of a sparkling new Jaguar, paid for by their company, being a brilliant, tax efficient benefit of business ownership. Up until now.
Continue ReadingHelp is on the way: The Coronavirus Self Employment Income Support Scheme
This week, HMRC will begin to contact people who may be eligible for the Self-Employment Income Support Scheme (‘SEISS’). The scheme, which will provide a taxable grant worth 80 per cent of a self-employed individual’s average trading profits up to a maximum of £7,500, will be paid in a lump sum by the start of June.
Continue Reading