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Limited Companies

If your business goes through a tough period, it may be time to pivot your strategy. Necessity is the mother of all invention. Many

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Individuals

A thought-provoking question that has been asked by one of our readers is whether professional gambling is a trade or not. The answer to this question might surprise you. According to HMRC and reinforced by a number of court cases is the answer that

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IndividualsSole Trader or Partnership

6th April marks the start of the new tax year for us in the UK. But have you ever wondered why we picked such

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IndividualsLimited CompaniesSole Trader or PartnershipTrusts and Estates

You can now find the key tax rates and allowances which will be affect our business and personal lives in 2021/22 – just click

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Charities and Not-for-Profit

Event Summary At our well-attended online catch-up on 28/01/2021 the Burton Sweet Charities and Civil Society Team shared some key considerations for charities in

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Charities and Not-for-ProfitLimited Companies

The Government has announced a new contract secured with Derby-based manufacturer for validated lateral flow antigen tests, ensuring supply for UK over coming months.

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Limited CompaniesSole Trader or Partnership

It is well over a month since the implementation of a full border between the UK and the EU. Because of the pandemic, trade

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Limited CompaniesSole Trader or Partnership

INTRODUCTION New VAT rules are due to come into effect from March 2021 which will impact on accounting for VAT for transactions in the

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Individuals

The letters in an employee’s tax code signify their entitlement (or not) to the annual tax free personal allowance. The tax codes are updated annually, or when an employee’s circumstances change, and help employers work out how much tax to deduct

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Charities and Not-for-ProfitLimited Companies

Acas has published a process map for employers who are having to consider making redundancies due to coronavirus. The interactive tool has been designed to help employers better understand redundancy processes, required steps and good practice when

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Limited Companies

Accountants would say that working capital is the difference between current assets and current liabilities. It is the capital of a business used in day to day trading operations.

Current assets are generally those that can be converted into cash

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Individuals

The Capital Gains Tax (CGT) reporting and payment date for UK residents that sell a residential property changed from 6 April 2020. This change means that any CGT due on the sale of a residential property needs to be reported and a payment on account

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