Insights

HMRC will contact you in July if you’re eligible for the fifth instalment of the Self-Employed Income Support Scheme (SEISS) grant. The online service for claims will be available from late July 2021 and claims must be made on or before 30 September 2021. Read about the eligibility criteria here. 

Chris chats to the star of BBC'S Normal for Norfolk, Desmond MacCarthy about life on and off camera; his passion for the environment; and how you pivot a business model from fruit picking and farming, into a successful tourist destination.

Alison Smith discusses the most recent announcement about the transition towards Making Tax Digital (MTD) and the likely additional complications (and extra tax charges) on the horizon for many farming businesses.

For a second year, ESFA have issued a supplementary bulletin setting out additional guidance,
including some new 'musts', on Covid-19 matters affecting the 2020/21 accounts. 

In this week's episode of Impromptu Business Chat, James and Mark chat about a very important topic; Men's Mental Health. They share their personal experiences and offer ideas and practical tips to help promote better mental well-being (which are applicable regardless of gender). 

We're delighted to announce the firm has become the sponsor of Norfolk's two-day food and drink festival, Feastival at the Forum, in Norwich.

HMRC have recently issued some clarification on IR35 workers entitlement to statutory payments.

The first thing you need to understand is that there’s no legal difference between you and your business. Legally, you and your partners are the business.

We highlight the updates to The Academy Trust Handbook (ATH2021) – previously the Academies Financial Handbook.

We highlight changes to the Academy Accounts Direction (AAD2021) – issued by ESFA annually, which sets out requirements and guidance for accounting periods ending on 31 August 2021.

The NHS is full of acronyms and jargon that frequently change and are added to. Coupling this with accounting terms and our own acronyms and jargon can lead to confusion. With this is mind, we have put together this guide to NHS acronyms and accounting terms.

Nick oversees the well-known, and well-respected, Imperial Hotel, in Great Yarmouth. In February 2020, the business won the title of ‘Customer at the heart of everything’ at the Norfolk & Suffolk Tourist Attractions awards. No sooner had they got the award on the mantle-piece, COVID-19 hit and Nick reflects on the headless chicken feeling they experienced.

This week’s chat is a real eye opener. Engagement with media can be make or break for some businesses. As a regular face on BBC Look East, Maria offers insight on the difference between what she calls ‘PR puff’ and an actual news story, and how it’s always important to be transparent.

The summer 2021 edition of AISMA Doctor Newsline is now available. The newsletter for GPs and practice managers is published by our membership organisation, the Association of Independent Specialist Medical Accountants.

Medical specialist Louise Dean hosted this presentation and Q&A with Independent Financial Advisors, Ascot Lloyd, discussing the factors that should be considered surrounding retirement planning.

In Will’s latest blog, he looks at the latest UK mergers and acquisitions data and examines the headlines, discusses the current situation in East Anglia and advises on taking action pre-Spring 2022 budget.

We are back for series three with a bang! There are not many with more experience or passion for the tourism sector than Peter Williamson, former Chair, now Vice Chair of the Destination Marketing Organisation (DMO), Norfolk & Suffolk Tourist Attractions, and former owner of Merrivale Model Village in Great Yarmouth. 

Ian chats to Kevin about how his passion for people, and his investment in his staff, have helped to grow his role as a franchisee for one of the biggest, and best known companies in the world! 

James Lay shares his latest tips for selling a business.

Legal specialist Ellis Lake gives an update on the SRA Accounts Rules.

We are delighted to welcome Lorna Willis, CEO of Archant for the launch of series two of Business Insights Chat. Ian Fitch is back, chatting to Lorna about talent wars; the role of local news; learning and development; mentors; the feel good factor, plus much more!

In the early stages of a business, and particularly one showing quick growth, it’s vital that all bases are covered to protect the business’s future and make sure you haven’t missed anything when it comes to HMRC. What should you be considering?

The Office of Tax Simplification (OTS) is considering a change to the UK tax year end date. Luke discusses the implications of potential new dates, transitioning to a new date, and year ends elsewhere in the world.

George explores the pros and cons of the incorporation of a healthcare business.

As we approach the 31 July deadline for taxpayers to make their second tax payment on account, Sally highlights the advantages of filing your tax return early.

The Patent Box regime offers a 10% rate of corporation tax in the UK, on profits derived from patents. However, complex rules have put many off claiming. With a 25% rate of corporation tax on the horizon, is now the time to consider this tax relief?

As we hopefully move towards the final easing of restrictions, many of us may be using this time to reflect on the last 15 months. The business world in which we operate has certainly developed more in this period than we would ever have expected, with an increase in the number of issues to consider, and the time expected to make decisions rapidly reduced.  

On 16 June 2021, the UK Government announced that they are in the process of extending certain insolvency measures. The current company insolvency restrictions on statutory demands and winding-up petitions will remain in force for a further three months until 30 September 2021.

Medical specialists Louise Dean and Lizzy Lloyd present on the critical factors surrounding the NHS Pension Scheme, along with the annual allowance tax charge and the government response to the McCloud judgement.

Lee’s blog discusses what may happen if you find yourself dealing with an insolvent estate.