News

Charlotte and Dom's Wedding

24/08/2026

Charlott and Dom's wonderful wedding day. We were delighted to join the happy couple to celebrate their nuptials- a great day was had by all!

More...

Thinking Differently, Acting Strategically: Consultancy joins the Cloud Eleven offering

02/10/2025

At Cloud Eleven, we believe accountancy and consultancy go hand-in-hand—because understanding the numbers is just the beginning. Our consultancy service gives you access to experienced strategic and operational leadership without the commitment of a full-time hire. Whether you're scaling, restructuring, or launching new

More...

Recovering VAT on pre-registration costs

27/08/2026

Businesses that register for VAT may be able to reclaim VAT paid on certain goods and services purchased before VAT registration. There are specific time limits for claiming pre-registration VAT. VAT on goods can generally be reclaimed where the goods are still held by the business or have been used to produce other goods that are still

More...

What is a reasonable excuse for missing a tax deadline?

27/08/2026

Missing a tax deadline can result in penalties from HMRC, but a taxpayer may be able to appeal if they have a genuine reasonable excuse. Whether an excuse is accepted depends on the individual facts and whether the taxpayer took action to put things right without unnecessary delay. HMRC does not provide a complete list of acceptable

More...

Tax relief for uniforms and protective clothing

27/08/2026

Employers providing uniforms or protective clothing to employees need to understand the tax and National Insurance rules that apply. The treatment depends on whether the clothing is required for the employee’s job, is a uniform worn only at work, or is simply additional clothing provided by the employer. Most uniforms and protective

More...

Benefits of claiming the Annual Investment Allowance

27/08/2026

Businesses investing in qualifying assets may be able to claim the Annual Investment Allowance (AIA) and deduct the full cost of eligible purchases from their profits before tax. This can help by reducing the amount of taxable profit in the period the investment is made. The AIA can generally be claimed by sole traders, companies and

More...

Have you reviewed your workers’ employment status?

27/08/2026

Businesses should regularly review whether individuals working for them are correctly classified as employees, workers or self-employed. Getting employment status wrong can result in unexpected tax liabilities, penalties and loss of employment rights. Employment status affects both the rights of the individual and the responsibilities of

More...

Evidence required to support business expense claims

27/08/2026

Self-employed individuals can deduct allowable business expenses from their income when calculating taxable profits. However, businesses must keep accurate records and evidence to support the costs being claimed. HMRC requires taxpayers to keep proof of business expenses, although evidence does not usually need to be submitted with a

More...

Could your business survive a cyberattack?

24/08/2026

Cybercrime is no longer a problem that only affects large organisations. Increasingly, small and medium-sized businesses are becoming targets because criminals often see them as having weaker security and fewer resources to recover from an attack. A successful cyberattack can have serious consequences. Customer information may be stolen,

More...

Are your employment policies ready for workplace reforms?

24/08/2026

Employment law continues to evolve, and businesses should keep a close eye on forthcoming changes that may affect the way they recruit, manage and retain staff. Although many of the proposed reforms are still being developed, employers should not wait until new legislation comes into force before reviewing their existing

More...

Tax relief on pension contributions for employees

20/08/2026

Receiving tax relief on pension contributions into a workplace pension is a great way to help prepare for retirement. In addition, contributions from your employer can make the pension savings even greater. If you are automatically enrolled into a workplace pension a percentage of your earnings is paid into your pension fund each

More...

HMRC penalties for failing to notify a tax liability

20/08/2026

If you become liable to pay a tax or register for a tax that HMRC has not already been informed about, you must notify HMRC within the relevant time limit. Failing to do so can result in a financial penalty in addition to the tax and any interest due. A failure to notify can arise in a range of situations, including when a business

More...

Incorporation Relief may reduce your CGT bill

20/08/2026

When a sole trader or the partners in a partnership transfer a business to a limited company, Capital Gains Tax (CGT) may arise. This is because business assets are normally treated as being transferred at their market value, which may be considerably more than their original cost. However, Incorporation Relief can allow some or all of

More...

Official rate of interest for beneficial loans

20/08/2026

Employers providing loans to employees or directors need to ensure they correctly calculate any taxable benefit using HMRC’s official rate of interest. Where a loan is provided at no interest or at a rate below the official rate, a taxable benefit may arise. These types of loans are referred to as beneficial loans. A beneficial loan

More...

Benefits of SEIS and EIS Advance Assurance

20/08/2026

Businesses seeking investment through the Seed Enterprise Investment Scheme (SEIS) or Enterprise Investment Scheme (EIS) can benefit from obtaining advance assurance from HMRC before approaching investors. Advance assurance allows a company to ask HMRC whether a proposed investment is likely to meet the conditions of a venture capital

More...

When to register for Corporation Tax

20/08/2026

Companies and other organisations that are liable for Corporation Tax must ensure they register with HMRC at the correct time. Failing to register when required could result in missed filing obligations and potential penalties. Most limited companies can register for Corporation Tax when they are first incorporated at Companies House. If

More...

All online harassment is unacceptable, in any context

20/08/2026

A recent ruling has determined that targeting individuals online, even on a private group chat, can lead to a loss of employment. A Mr. Y was employed by the Royal Mail as a delivery driver with an impeccable, longstanding record of service. This was not to last as, in 2022, a labour dispute orchestrated by his union led to the creation

More...

Could better digital skills transform your business?

17/08/2026

Technology is changing the way businesses operate, and the pace of change is only increasing. While large organisations often have dedicated IT departments, many small businesses still rely on traditional methods that consume valuable time and limit productivity. Improving digital skills can help businesses work more efficiently, reduce

More...

TOP