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You are here: Home / Blog / Archives for Tax

5 Tips for Becoming Self-Employed

12th March 2022

Taking the plunge to become self-employed is a big step. You have done all of the research and decided what you're going to do - but now what? Over the last 18 months we have seen a surge in new businesses, with many people finding new ways of ... [Continue Reading]

Making Tax Digital for VAT

10th March 2022

MTD Extension From April 22 Making Tax Digital (MTD) will be extended to VAT registered businesses with a taxable turnover below £85,000. This follows MTD being introduced in 2019 for larger businesses. If you are in the standard quarterly VAT ... [Continue Reading]

Goodbye 2021!

31st December 2021

Goodbye 2021. 2021 has been a year of trying to return to some normality. Lots of people have found new ways of working, with flexible working becoming the new norm. Many new businesses have popped up with people finding new ventures to see them ... [Continue Reading]

Services or Solutions?

17th November 2021

Central Business Services has been our name for nearly 30 years but we are often called “Central Business Solutions”. Why? Possibly because we provide services which help businesses find solutions. Our aim is to help your business thrive and ... [Continue Reading]

Temporary Christmas Staff

15th November 2021

Planning for Christmas Are you are intending to employ temporary staff over Christmas, or your existing staff are working extra hours? Be aware this might cause issues with Workplace Pensions. Paying a Christmas bonus is also something to look out ... [Continue Reading]

Starting A Business

26th October 2021

You’ve got an idea and want to turn it into a business. It may be an extension of a hobby, it may be a brand new idea or it may be something to do because you can’t get a job. You may be interested in buying an existing business or taking on a ... [Continue Reading]

Tax Relief

9th September 2021

Sole Trader - Reducing your tax As a Sole Trader, you want to ensure that you are claiming as much as possible to keep your tax bill down. After all, your profits result from your hard work and perseverance. When you work for yourself, the last ... [Continue Reading]

Trivial Benefits

14th August 2021

Trivial Benefits is still one of the most popular topics we get asked about! Let's refresh ourselves with a quick recap about how it works...   What are Trivial Benefits? Trivial Benefits are a perk or token of appreciation. These can be ... [Continue Reading]

Super-Deduction

26th May 2021

Reduce your corporation tax bill if you buy assets - Super-Deduction   The government wants to encourage companies to invest in assets to help them expand and improve productivity. In order to do this, they are allowing a 130% ... [Continue Reading]

Budget 2021 – First impressions

3rd March 2021

BUDGET – MORE DETAIL TO FOLLOW The Chancellor has delivered his budget without any real surprises. A lot of detail needs to be added and will probably emerge in the next few weeks or months. Some of the main points which may affect our clients ... [Continue Reading]

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