Dave Hazlehurst, Author at Cutter & Co

Tax Return Deadlines, Time to Pay Arrangements and Beware the Fraudsters!

Posted by Dave Hazlehurst, on February 4, 2021.

Over 10.7 million individuals who were required to file a tax return this year met the usual 31st January deadline. A further 1.8 million were late. At 15% of all returns, this is around double the usual level. Those 1.8 million will have been glad to hear HMRC’s late-January announcement that automatic £100 late-filing penalties […]

Understanding the VAT change for hospitality and tourism sectors

Posted by Dave Hazlehurst, on August 4, 2020.

A fifth of small UK businesses are expecting their performance to be ‘much worse’ over the next three months, with consumer confidence levels still low as a result of COVID-19. In a move to restore this confidence, the Chancellor’s Summer Statement announced measures to protect, support and maintain those hardest hit by the lockdown. The […]

Working from home and mental health

Posted by Dave Hazlehurst, on May 6, 2020.

For many of us, our working lives have changed dramatically as a result of lockdown and coronavirus. COVID-19 has meant a lot of us are now working from home, either alone or surrounded by families – a totally different atmosphere to what we’re used to. At this time, regardless of your situation, taking care of […]

Further Guidance on the Self-Employed Income Support Scheme

Posted by Dave Hazlehurst, on April 16, 2020.

This information is relevant for the self-employed or partnerships only. Government have recently issued further detailed guidance around the Self-Employed Income Support Scheme (SEISS), the aim of which is to support self-employed individuals who have lost income due to COVID-19. The general headline of the measure is that self-employed people will receive a grant of 80% […]

Moving from a sole trader to a limited company

Posted by Dave Hazlehurst, on February 26, 2020.

Setting up a limited company should always be a consideration for all businesses, no matter what industry you are in. Moving from a sole trader to a limited company may mean a lot more paperwork, and there is a much greater compliance burden. However, forming a limited company usually reduces the amount of tax you […]