The Construction Industry Scheme (CIS) VAT reverse charge- From 1 March 2021, are you ready? The new reverse charge will apply to supplies of construction work from 1 March 2021 but only to supplies made business to business. What is it? The reverse charge will apply when all the following are met: The supply for […]
Category: Business Advice
MAKING TAX DIGITAL FOR INCOME TAX
Making Tax Digital (MTD) is a key part of the government’s plans to make it easier for individuals and businesses to get their tax right and keep on top of their affairs. They have now confirmed that all self-employed businesses and landlords who have an annual business or property income above £10,000 will need to […]
MAKING TAX DIGITAL FOR VAT EXPANDING TO INCLUDE MORE BUSINESSES
Businesses with a turnover of over £85,000 have already joined the scheme for VAT but now VAT-registered businesses with a taxable turnover below that limit will be required to follow Making Tax Digital rules for their first VAT return starting on or after April 2022. This means having digital records to comply. Our recommendation to […]
CORONAVIRUS BUSINESS GRANT AVAILABLE
January Lockdown Grants for non-essential retail, leisure, personal care, sports facilities, and hospitality businesses forced to close are now live. Includes: Local Restrictions Support Grant (Closed) Addendum: 5 January onwards Closed Business Lockdown Payment The Local Restrictions Support Grant (Closed) Addendum: 5 January onwards will provide a payment based on the November 2020 scheme that […]
The Growth Support Programme
Are you a sole trader, micro business or limited company based in Devon or Somerset? You may be eligible for the Growth Support Programme through which you and your business can receive up to 3 or 12 hours of free business advice, support and training. Register now to access the fully-funded support on offer at Growth […]
CBILS loan scheme
The Government has extended the CBILS loan scheme Thanks to the recent announcement from the Government, you can still get finance with nothing to pay for 12 months under the Coronavirus Business Interruption Loan Scheme (CBILS). The extension allows more businesses to take advantage of this unique funding opportunity, where the Government will pay the […]
FREE DIGITAL SUPPORT PROGRAMME
In a world where people are spending more and more time online, it’s never been more important for your business to have a digital presence. Whether it’s broadening your business’ horizons and selling different products online or opening up your existing services to a new audience, your business needs to be digital-savvy. If you’re looking […]
Organisations to contact when starting up a business
When starting a business, there are a number of organisations that need to be contacted, some compulsory for all businesses, and some dependent upon your business type. Use the list below as a guide.
How to write a press release
Press releases are a great way of gaining exposure for your business for free. But journalists are bombarded each day with news articles so how do you get yours noticed and give it the best chance of being published? Follow these tops tips to give yourself the best chance of success.
How to set up an online shopping cart
If you have a product to sell and you have a website, it makes sense to set up an ecommerce shopping cart. You can then effectively have a shop open 24/7 to the whole world! Many high street retailers only survive because of their online sales. And many small town local shops are exactly the same.