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Report SEISS Payments or Repay Grants in Full, HMRC Warns Self-Employed Taxpayers

Self-employed workers who received coronavirus support but did not accurately complete or file a 2019/20 tax return may be asked to repay their grants, it has been revealed. It comes after HM Revenue & Customs (HMRC) wrote to thousands of individuals who claimed under the Self Employment Income Support Scheme (SEISS) but did not correctly

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TechTalk – What is Multifactor Authentication and Microsoft Conditional Access and why you should care. Multifactor Authentication

You have probably come across Multi factor Authentication already without knowing it. It’s what happens when you log on to say an email account and enter your password, then you must enter another number sent to you typically via text message or email. It’s that second piece of info that’s the ‘multi’ in ‘multi-factor authentication’.

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Is your business struggling with debt? Regain control today

Many small and medium-sized enterprises (SMEs) were hit hardest at the beginning of the pandemic. They had access to support, like the Bounce Back Loan, which was easier to access and had lower interest rates, but those only helped during the short term. Now a growing number of SMEs are struggling with debt. The latest

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Business rates reform – How will it affect you

For years businesses on the British high street have been calling for reforms to the business rates system. The Chancellor has finally announced new measures in the Autumn Budget that he claims will reduce the burden of business rates in England by over £7 billion over the next five years. The reforms are intended to

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Need Help to Grow? Learn about the latest Government-backed support for SMEs

The Help to Grow campaign was first announced in the Spring Budget earlier this year but received yet another mention in the Autumn Budget as the Government ramps up support for smaller businesses. It has been designed to help more than 100,000 SMEs access management training and advice on innovations that are focused on boosting

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Simple steps you can take to cut business costs and maximise profits

Cost-saving will be key for many businesses struggling to get back up to speed after the pandemic. Many small and medium-sized enterprises (SMEs) were hit hard and now face higher inflation, skills shortages and rising wages. The Bank of England says the inflation figure could even hit four per cent by December. So, cutting costs

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Construction Self-Supply Charge: HMRC Revises Meaning of “Entire Interest” Following Defeat in Supreme Court

HM Revenue & Customs (HMRC) has amended its meaning of “entire interest” in the VAT treatment of the construction self-supply charge following a landmark Supreme Court ruling. If you supply building and construction services, here’s what you need to know. What is the self-supply charge? According to the Institute of Chartered Accountants in England and

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Updated Requirements For Submitting Corporation Tax CT600 Return

With the winding up of the Coronavirus Job Retention Scheme (CJRS) or furlough, at the end of September, it is vitally important that all employers are up to date with their Corporation Tax Form CT600, particularly over grants received from the scheme. HM Revenue & Customs (HMRC)  is looking to close any loopholes and ‘claw

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RMT Tech Talk – Microsoft 365 licences, Email and OneDrive explained?

Microsoft 365 licencing is, to some, a complex set of products and its not always obvious to the business owner what they are getting for their money. So, here’s a quick guide to each of the plans and who they might be suitable for: Microsoft 365 Business Basic. Useful for front line workers needing just

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