Spring Statement 2022

Introduction Against a backdrop of rising inflation, Chancellor Rishi Sunak presented his first Spring Statement on Wednesday 23 March...

Year End Tax Planning

It is always vital to review your financial goals ahead of the end of the tax year. At SmallBiz, we can work with you to make sure your...

Budget big freeze

Personal taxes, capital taxes, pensions. No dramatic announcements.

Using a loss

Welcome news for previously profitable businesses struggling with Covid-19 losses.

New Covid-19 loan now up and running

Budget 2021 announced a successor loan scheme to support UK business recovery. Earlier Covid-19 loans, like the Bounce Back loan, closed...

Going on holiday. Counting the days

Furnished holiday lettings (FHLs) have their own tax treatment, reliant on a set of strict day-count rules. With the impact of Covid-19...

Uber and you

The Uber case on worker status, recently decided in the Supreme Court, has important practical lessons for businesses. The judgment held...

Covid-19 support schemes latest

Ongoing change to the Coronavirus Job Retention Scheme (‘furlough’ scheme) and Self-employment Income Support Scheme (SEISS) creates the...

Tax Changes for Landlords

For property sold after 6 April 2020 you will need to submit a CGT return and pay what you owe within 30 days of the sale completing.

SEIS is going live

The Self Employed Income Support (SEIS) Scheme is going live for applications on 13 May 2020 and HMRC have already started contacting people