by David Jones | Jun 2, 2022 | Comments on Global News, Corona Virus, Opinion, Profit & Cashflow Forecasting, Self Assessment
The business insolvency tsunami we saw in our peripheral vision at the end of the tax year in March, now appears to be accelerating and recent data shows it is now starting to crash on the shores of the business world. Business Insolvencies: What are the numbers?...
by David Jones | Sep 3, 2020 | Corona Virus, Profit & Cashflow Forecasting
The Chancellor has opened up the Treasury’s coffers for the second wave of SEISS (Self-Employed Income Support Scheme). Now, it is clear that the guidance notes have been updated and reinforced. At the time of the first claim, many applicants were so desperate...
by David Jones | Jul 2, 2020 | Comments on Global News, Corona Virus, Profit & Cashflow Forecasting
The coronavirus pandemic has laid bare the frailties of football finances at all levels, but the weakest clubs are clearly suffering the most; just ask Wigan Athletic. Premier League and Championship football teams returned to action behind closed doors on 17th June...
by David Jones | Jun 30, 2020 | Business Regulation, Corona Virus, Profit & Cashflow Forecasting
In the heat of the coronavirus crisis, many business owners had a panic attack on what they should do, what they could claim and how etcetera. Large numbers either contacted their trade body or in the case the hundreds of thousands of micro-businesses (one-man bands...
by David Jones | Mar 27, 2020 | Corona Virus, Profit & Cashflow Forecasting
Finally, we’ve now had the long-awaited announcement by Chancellor Rishi Sunak, on what he will do to help the UK’s self-employed affected by the coronavirus outbreak. Millions of self-employed individuals, including those in partnerships, will receive direct cash...
by David Jones | Nov 16, 2018 | Business Regulation, Business Tax, Profit & Cashflow Forecasting
This is a case where HMRC’s failure to deal with telephone calls from a taxpayer was accepted as a reasonable excuse by a Tax Tribunal. This case concerns a firm called Chameleon Technology UK Ltd and relates to a 10% default HMRC surcharge of £17,599 in relation to...