Advisory Fuel Rates: updates from 1 December 2020

30 Nov 2020

HM Revenue and Customs (HMRC) has updated the Advisory Fuel Rates (AFRs) which come into effect on 1 December 2020, for company car drivers requiring fuel costs from their employer. However, you can use the previous AFRs for up to one month from the date of the new rates. 

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Proposed R&D cap for SMEs published

16 Nov 2020

On 12 November 2020, the details of the proposed Small and Medium-sized Enterprise (SME) Cap, which is due to come into effect on 1 April 2021, was published.

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We’re here for you during the ongoing restrictions

06 Nov 2020

The ongoing restrictions are having a significant impact on all our lives as we limit our contact with other people to limit the spread of Coronavirus. In line with Government guidelines, we are operating from the office as normal but in reduced numbers to allow for social distancing. Our phone lines remain fully functional. While […]

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Businesses return £215 million furlough payments to the Government

21 Sep 2020

According to HM Revenue and Customs (HMRC), more than £215 million of Coronavirus Job Retention Scheme (CJRS) payments have been willingly returned to the Government by UK firms, out of £35.4 billion worth of claims up until 16 August.

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Talented accountant named as finalist at the 2020 Sub36 Awards

11 Sep 2020

Staff and partners at Preston accountancy firm Rotherham Taylor Limited are celebrating the success of one of their colleagues who has been named as a finalist at this year’s Sub36 Awards. Senior Manager, Chloe Greenbank, has been selected for the shortlist in the Professional of the Year category at the awards, which are held by […]

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Summer Statement

08 Jul 2020

When the Chancellor, Rishi Sunak, delivered his Spring Budget on 11 March to the packed benches of the House of Commons, the hope was that the economic impact of the Coronavirus outbreak would be ‘V-shaped’, with an immediate bounce back to prosperity. Since then, nearly four months of onerous restrictions have shuttered large sections of [...] Read Full Story

Commercial Rent Deferrals

30 Mar 2020

To support UK businesses, the Government has confirmed that commercial tenants that are unable to pay their rent due to disruption caused by the Coronavirus pandemic will not face eviction. The Government had already banned evictions on private residential tenants but has now confirmed that the three-month moratorium on evictions and debt enforcement will be […]

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Government announces new measures to ensure SMEs are paid on time

20 Jun 2019

The Government has announced new measures to ensure that small businesses get paid on time.

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HMRC backs down from pension tax case

03 Jun 2019

HM Revenue and Customs (HMRC) has recently withdrawn an appeal in a key court case over a 55 per cent charge it wanted to levy.

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What happens if my business requires financing?

14 May 2019

If your business needs finance, it can be difficult to know which option is the correct one for you. Being able to access the right sort of finance can help your business grow, develop and thrive. There are a range of methods to choose from when raising finance, including bank loans, equity investment and debt […]

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