Accountancy, tax and financial services

Claim Your Statutory Sick Pay Under New Covid Rules

Usually, you can’t claim back Statutory Sick Pay (SSP) as an employer. But under the Coronavirus Statutory Sick Pay Rebate Scheme (CSSPRS), you can now claim back SSP for an employee if their absence is Covid-related. If you’re a small business with several team members on sick leave with Covid-19, being able to claim back their … Claim Your Statutory Sick...

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Planning your filing and payment deadlines for the year

Keeping on top of the deadlines for your company filing and tax payments can be hard work. With so many elements to coordinate and keep track of, it’s easy for deadlines to occasionally slip through the cracks – but that can lead to fines, penalties, and other issues. The key is to stay fully in … Planning your filing and...

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How Pension Contributions Reduce Corporation Tax Bill

If you’re looking for ways to minimize your corporation tax bill, it’s worth considering if there are deductible expenses you can claim. One key area to think about is your director pension contributions, as these can be offset against your taxable profits. Pension contributions for directors of up to £40K per annum can be deducted … How Pension Contributions Reduce...

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Building a Better Business in 10 Steps

You’re in business, congratulations, that takes courage and commitment. It’s not easy, and at times you might question why you’re even doing it, particularly after the impact Covid-19 and the associated lockdowns had on business. But you’re here because you had a vision. You decided being in business was a better way to achieve that … Building a Better Business...

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Simplify Real Estate Accounting

Well-managed accounting is crucial in every business – in real estate, it comes with added layers of complexity. Whether you’re running a traditional commission-based business or working with commercial property, rentals or new builds, you need a simple, accurate way to manage accounts. Getting it wrong could mean you or your clients losing huge sums … Simplify Real Estate Accounting...

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Adopting an Atomic Habits Mindset

We all have habits; some good and some not. Habits are those almost unconscious behaviour patterns we have… so, how do we build better habits? In his book, Atomic Habits, James Clear identifies two types of habits; outcome-based and identity-based. Understanding the difference and reframing your mind-set will help you adopt an atomic habits mind-set … Adopting an Atomic Habits...

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Planning for a ‘no-deal Brexit’

As a nation, we’ve been talking about the potential business impact of Brexit for several years now. But with the 31 December deadline for finalizing the UK’s exit from the European Union (EU) growing nearer, it’s vital that your business starts to plan for the coming Brexit changes. As the situation currently stands, the prospect … Planning for a ‘no-deal...

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How does an accountant save you money?

Turning a profit will be high on your list of goals as a business owner. And if you want to generate the best margins, that means keeping an eye on the money that’s going out of the business, as well as what’s coming in. So, how can your accountant help with this? The days where … How does an accountant...

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Green House Grant 2020

The Green Homes Grant scheme was announced at the end of September in which it’s clearly shown that the UK is taking steps to lessen the emissions of carbon as it’s very important and debated topic worldwide and many problems are being highlighted due to carbon emissions, therefore, it’s a good step to encourage homeowners … Green House Grant 2020...

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Top tips for building a strong company culture

Like it or not, all companies have a culture. While it might be easy to define culture in nice words, it can be much harder to grab hold of in daily business, especially when times get tough. A strong company culture is a driving force, underpinning a successful, resilient team. It shouldn’t be ignored, especially … Top tips for building...

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Job Support scheme

It’s Important for a person to know, what is Job Support Scheme and what it consists of. Who is eligible? and how can you apply for it if so? JSS will begin on 1st November 2020. The Job Support Scheme will replace the Job Retention Scheme. As JRS has been in place since March 2020 … Job Support scheme Read...

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Restructuring or selling your business? We can help

When changes happen faster and faster than restructuring need to happen more frequently, whether it’s on small scale or large there is a need to reorganize things strategically. Restructuring of anything can be a lifesaver it basically enables you to overcome roadblocks and take you to growth, increasing revenue and profit and also avoid running … Restructuring or selling your...

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Introducing remote working?

70% of professionals work remotely at least once a week, according to a study by serviced office provider IWG. Remote working has become more and more common as developments in technology have allowed us to communicate and collaborate no matter where we are. In fact, most of us are already logging on from home or … Introducing remote working? Read...

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How healthy is your working capital?

We all know that cash is king when it comes to business success, but what exactly is ‘working capital’ and how does this financial metric help measure the health of your business? Working capital is made up of the cash and assets that are available in the business to fund your operations and keep you … How healthy is your...

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10 ways to improve your happiness

Take control of your happiness by maximizing outcomes from the things you can control. 1. Be social, with friends and family. We’re social creatures, whether you are by nature an introvert or an extrovert, we all need to feel connected and part of a community. Plan time with friends and say ‘yes’ more (to those … 10 ways to improve...

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At Legend Financial, everyone is fanatical about meeting their goals and deadlines and ensures the satisfaction of the customers.