Elsa Jones Blog

• Business interruption insurance – Are pay-outs taxable?

  Business interruption insurance provides cover for losses as a result of events that close or severely disrupt the business. Policies may…
• National Living Wage and National Minimum Wage changes from April 2021

  The National Living Wage and the National Minimum Wage increases, the age threshold for the National Living Wage is reduced.
• BREXIT: VAT’s it all about?

  It’s been over a month since the EU-UK trade deal changes came into effect and the Brexit transition period came to…
• Electric cars from April 2021

  For 2020/21, it was possible to enjoy an electric company car as a tax-free benefit. While this will no longer be…
• Are you trading?

  There is a difference between occasionally selling an unwanted item and being a trader. What are the badges of trade?
• Make the most of the dividend allowance

  The 2020/21 tax year comes to an end on 5 April 2021. The last couple of months of the year are…
• Have you got your EORI number?

  From 1 January 2021, you need an Economic Operators Registration and Identification (EORI) number to move goods between Great Britain and…
• Should I reduce my tax payments on account?

  Payments on account are due on 31 January 2021, if you’re worried about being able to pay your tax bill it…
• Self-assessment tax deadline is 31st January 2021!

  The self-assessment tax deadline is on 31st January! If you haven’t paid yet, read the blog below and get in touch…
• If you are an Employer did you know there’s a tax break called Trivial Benefits?

  The Christmas office party might be cancelled this year but you can still spread some Christmas cheer with a small gift…