Will the new IR35 changes affect me?
New IR35 tax changes will come into force in the private sector in April 2021. As a result some self-employed workers, and the businesses that hire them, will have to pay tax differently. Are you one of the 170,000 ‘contractors’ who may have to pay more tax? Are...
How to set up a Time to Pay Arrangement
If you’re worried you can’t pay your tax bill then your best bet could be to set up a Time to Pay Arrangement. As part of the response to Coronavirus, the government has extended its Time to Pay (TTP) Arrangement to help support businesses struggling to manage their...
Can I host a tax deductible Christmas party on Zoom?
We’re coming up to that time of year, where we’d usually be organising a boozy Christmas lunch or putting on a staff party to end the year in celebration. It goes without saying, things are looking a little different this year. Since we’re currently in a second...
Should I choose an electric vehicle for my company car?
As accountants, we’ve been asked plenty of times – “should I get a company car?” Up until recently, our answer was usually no. But new tax incentives relating to electric vehicles means we’re shifting our thinking towards an overwhelming YES. With government...
Before you hire a new employee, see if you’re eligible for Employment Allowance
As business owners, we all want to take on employees. One of the greatest benefits of a growing business is being able to afford support in running it. Employment Allowance is designed to support small employers financially. But going down the employment route can...Follow Starfish Accounting
