by Hannah Adams | Sep 10, 2020 | Blog, Limited company, Small business
A company can be struck off or dissolved for several reasons, either voluntary or compulsory. This leaves the question – what happens to company assets when a limited company is closed down? The answer depends on the type of assets a company owns, and whether it has... 
by Hannah Adams | Sep 3, 2020 | Blog, Limited company, Small business, trivial benefits
Back in 2016 the HMRC announced a measure to allow businesses to give gifts (trivial benefits) to their employees without being taxed on them. Receiving a gift from your employer is a great feeling for an employee, but in the workplace – and we hate to be the... 
by Hannah Adams | Aug 26, 2020 | Blog, Limited company, Small business
Considering the current and expected economic turmoil, alongside the end of Government support packages, you might be one of many owners and directors considering ways to close down your limited company. During the early phase of the COVID-19 pandemic, many small... 
by Hannah Adams | Aug 3, 2020 | Blog, SEISS, Self Assessment, Small business, Sole Trader
Back in May we talked about the first round of support for self employed business owners, known as the ‘Self Employed Income Support Scheme Grant’ (SEISS), and talked you through how to submit a claim for the grants available from the UK Government. This... 
by Hannah Adams | Jul 10, 2020 | Accountant, Blog, cloud accounting, cloud software, Limited company, Small business
Amid the COVID-19 pandemic, one thing you might have missed is the new features that have been added to Xero. Announced relatively quietly, with some still in the pilot testing stage, these key features are especially useful for businesses paying more attention to...