Have you set money aside to deal with tax on support grants? HMRC has highlighted that all money paid for test and trace or self-isolation payments in England, Scotland or Wales are taxable, as are Coronavirus Statutory Sick Pay Rebates. The Coronavirus Business...
Retentions are common across the construction industry and, unfortunately, quite hard to avoid. Knowing how to manage retentions properly, especially with the Construction Industry Scheme (CIS), could make a big difference to cash flow and tax obligations. What are...