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If there has ever been a year for dynamism and constant change then it will be 2020 that will be remembered. As we draw close to the end of the year, you’ll find that despite everything that the government and health officials have tried to do – the air of uncertainty still hangs thick. And it is this uncertainty that is making business owners feel even more com...

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January 11, 2021

How to Get a Tax Refund If Overpaid Tax?

Any taxpayer may overpay to Her Majesty’s Revenue and Customs (HMRC), and this applies equally to an employee, self-employed, or someone who owns a company. HMRC makes sure that everyone pays their taxes, but at the same time, it also doesn’t want anyone to overpay.

For refund of tax overpayments, there are procedures in place. However, the process is ...

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January 09, 2021

Furlough scheme & Covid-19 business loans extended

Recently in UK Chancellor Rishi Sunak is planning to pull out the corona virus business loan schemes till the end of March and furlough scheme until the end of April 2021 to hold up UK businesses as restrictions continue. The Budget is set for 3rd March 2021. As more areas of England delve into tier three restrictions today, Chancellor Rishi Sunak has extended the coro...

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January 08, 2021

How to Create an Effective Recruitment Budget

Recruitment has always been a very cumbersome and challenging process for businesses and more so for start-ups and even greater a challenge is to hire the right candidate with the right skill-sets. In spite of these challenges, an effective recruitment process is highly imperative for any start-up and hence the start-up should invest well in the recruitment process. However...

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January 06, 2021

The Guide on How to Get More Value from Your Small Business Accountant

Despite it being a year since the virus was first spotted, COVID-19 is still very much a part of our lives and we have had to adjust ourselves to this new and masked ‘normal’. However, the pandemic and the resulting lockdowns has struck the death knell for many a business. Over 87 percent of businesses (especially small businesses) have found themselves struggli...

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January 04, 2021