The 2019 election is over and the country has a new Conservative government. But what does the new government mean for business? In this post, we’ll examine the promises and their potential implications, including:

• Passing the Brexit Withdrawal Agreement
• Changing R&D Tax Credits
• Increasing National Insurance Threshold and Employment Allowance
• Promising to Avoid Increases in Many Tax Rates
• Cracking Down on Tax Avoidance
• Reviewing Systems to Help Business
• What You Can Do Now

Tax payment problems can happen to any business and the key to getting out of them and any other financial problem is to act on those problems immediately. Today’s post will examine the things you should do if you think your business is struggling. This includes things like:

• Assessing the situation
• Fixing temporary tax payment problems
• Fixing more systematic issues with cash flow
• Taking advantage of ways to reduce your tax payments
• Contacting HMRC and negotiating time to pay
• Preparing for insolvency
• Getting help with tax payments and financial planning

Long-term cash flow sustainability is one of the foundations of a successful business. But how can you build a sustainable cash flow? In today’s post, we’ll give you:

• 3 keys to sustainable cash flow
• Tips on covering issues in cash flow
• Information on how to get help with your business finances

Getting your financial affairs in order before your life ends is an important way to guarantee more peace of mind for your loved ones. One of the main areas of concern will be Inheritance Tax and in today’s post, we’ll go over the key things you should know about it. We will answer questions like:

• How much is Inheritance Tax?
• Who has to pay Inheritance Tax?
• When do you pay Inheritance Tax?
• How to reduce the amount of tax paid?
• Where to get advice on estate and tax planning?

Tax treatment of charities can be somewhat confusing. We’ve compiled a list of some important tax tips for charities to help you navigate the complex system and come out on top. This post will outline tips like:

• How and why you need to register for tax purposes
• When you are required to pay tax on your income
• What type of income is tax free
• How you can reclaim certain tax back
• When to file a tax return
• How to find help with your charity’s taxation

Selling your business can be the culmination of your hard work. The decision to sell can sometimes be difficult to make, and you need to consider numerous things throughout the process to ensure you get the result you deserve. In this post, we’ll go over the essential decisions you need to make when selling your business such as:

• Who do you want to buy your business?
• How much do you want to make selling your business?
• What kind of sale do you want to make?
• Who can help you with the process?

While there was no Halloween Brexit, HMRC decided to drop a little note to add a bit of action to the end of the month. Late on Halloween, they published a technical note about certain automated tax decisions under the current tax system. While they claim the technical note won’t affect taxpayers, there is some cause for concern. Today, we’ll look at the policy and examine questions like:

• What are the current issuing policies for automated notices and penalties?
• What is the technical note trying to solve and how?
• What does the retrospective nature of automated tax decisions mean?
• What should you do?

The risk of insolvency can cause many sleepless nights. When you can’t seem to pay your debts you can quickly start feeling the pressure. But how do you handle a potential insolvency crisis and what are the ways in which you can come out the other side as a winner? In this post, we’ll help you understand:

• What is insolvency?
• How to reduce the risk of insolvency
• What should you do if your business is likely to become insolvent?
• What are your options as an insolvent company?
• How to get help in handling a potential insolvency

Organisations need people to govern them and this includes charities. In charitable organisations, the job falls to trustees. But what are the duties and responsibilities of trustees? In this post, we will provide trustees of a charity with important guidance by examining answers to questions like:

• What are the duties for trustees of a charity?
• How do trustees of a charity work in practice?
• Can trustees receive financial compensation for their work?
• Can trustees of a charity be personally liable?
• Where to get help for your role as a trustee

Being an executor of a will is a big responsibility. There’s a lot on your shoulders at a time that’s not entirely pleasant for anyone involved. Good preparation can help, however. In this guide, we’ll go through the main duties and responsibilities of an executor and discuss topics like:

• How you can become an executor and if you are free to change your mind
• What your key duties are as an executor of a will
• How you can prepare for the role to smoothen the process
• What are the main things to do after the testator dies
• Where to get help