Latest Blogs in Arts & Entertainment
Emily Haines
15th March 2021 SEISS for the newly self-employed in 2019/20

HMRC are writing to some individuals who started their sole trade/self-employment in 2019/20 and wish to claim the fourth and fifth self-employment income support scheme grant (SEISS). These individuals will be asked to complete some verification checks to confirm their identity and proof of their self-employment.   These individuals should receive a letter from 8th…

Lisa Smith
26th November 2020 SEISS 3rd Grant– Guidance issued on how trading conditions affect eligibility

To be eligible to claim for the third Self-Employment Income Support Scheme (SEISS) grant you must either:   be trading and impacted by reduced demand due to coronavirus, or have been trading but are temporarily unable to do so due to coronavirus.   To help businesses understand whether they are eligible for the 3rd SEISS…

Jodie Pheby
5th August 2020 DING DING – SEISS Round 2!

Claims for the second round of the Self Employed Income Support Scheme (SEISS) can be made from 17 August to 19 October.  The online claims service is not available yet: HMRC are expected to release further information shortly.   The second SEISS payment: Amounts to 70% (previously 80% for the first grant) of average monthly…

Lisa Smith
9th July 2020 REMINDER – Deadline for SEISS grant is 13 July 2020

Further to my blog on 22 June 2020 (please see below), just a reminder that the deadline for applying for the first SEISS grant is 13 July.   Those eligible under the Self-employment Income Support Scheme (SEISS) will be able to claim a second and final grant in August 2020.The grant will be worth 70%…

Lisa Smith
22nd June 2020 COVID-19 – Second Government Grant for the Self Employed

Those eligible under the Self-employment Income Support Scheme (SEISS) will be able to claim a second and final grant in August 2020.The grant will be worth 70% of their average monthly trading profits, paid out in a single instalment covering three months’ worth of profits, and capped at £6,750 in total.  The eligibility criteria remain…

Lisa Smith
22nd June 2020 COVID-19 – Reminder – Deadline for Self Employed to Claim the First SEISS Grant

The deadline for applying for the first grant under the Self Employment Income Support Scheme (SEISS) is 13 July 2020.  This grant, which is available to eligible individuals, amounts to 80% of your average monthly trading profits.  The grant covers a period of three months and is capped at a maximum of £7500.  To find out whether…

Jason Jones
4th May 2020 Self-employed invited to get ready to make their claims for Coronavirus support

The claims service will open ahead of schedule on 13 May with money in bank accounts by 25 May.   HMRC have announced that from today (4 May) businesses can either go online to check their eligibility or wait to be contacted by HMRC.   https://www.gov.uk/government/news/self-employed-invited-to-get-ready-to-make-their-claims-for-coronavirus-covid-19-support   Scams   HMRC will contact eligible customers to…

Hannah Wisbey
17th October 2017 Actors: IR35 tax rules will probably apply.

  In a recent tax tribunal test case, relating to the well-known actor Robert Glenister, HMRC were challenged as to whether the IR35 intermediary tax rules should apply to an actor earning his living through a personal service company.   As is typical with individuals providing their personal services through an intermediary company, Mr Glenister…

Amanda Newman
18th October 2016 Limited Company v Sole Trader

Minimising the tax paid on profits is a key aim of most SME businesses. The tax benefits of trading through a limited company, as compared to operating as a sole trader or partnership, soon becomes attractive as profits grow.

Richard Alecock
5th July 2016 Start-up Support

Itchy Feet: Is now the time to start your own business? We are here for all of your accountancy requirements, Corporation Tax, Income Tax, VAT, PAYE, as well as Capital Gains Tax and Inheritance Tax. We pride ourselves at being experienced with dealing with businesses and being available no matter how big or small the…