If you are an owner director and have an overdrawn director’s loan account, then watch our 2-minute primer to help you understand the tax implications and how to deal with them. It is entirely reasonable for business owners to assume that any money in their company’s bank account is theirs. However, there are significant tax… continue

Job Support Scheme (JSS) – Overview* Starts 1 November 2020 and runs 6 months (Furlough Scheme ends 31 October 2020) All employers with a UK bank account and UK PAYE scheme can claim JSS grants payable monthly in arrears =>  grants only available for wages paid Employee must be working at least 33% of their… continue

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