July 2020

Lessons learnt building a successful coffee business

Episode 9 of the IAB Podcast we interview Adam Cozens. Adam Cozens, is the Managing Director and Co-founder of East London’s Specialty Coffee Roasters; Perky Blenders. Since starting with his wife and his brother in 2015, he has built a brand that’s responsible, friendly, and accessible to all. Four and a half years in, Adam and his Perky Blenders have

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HMRC webinars focus on Covid-19 help schemes

HMRC is running a series of live webinars for those wanting to find out more about the changes to the Coronavirus Job Retention Scheme. The webinar, ‘Extension to the Coronavirus Job Retention Scheme and flexible furloughing’, will cover: an overview of changes to the scheme, including how businesses can now bring previously furloughed employees back to work. an introduction to

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HMRC unveils plans for more Making Tax Digital

The government has pledged to continue the rollout of Making Tax Digital (MTD), with the scheme to be expanded from 2022. So from 1 April 2022, all VAT-registered companies must switch to MTD, regardless of the value of their sales. And, one year later, the programme will be extended to any individuals filing self-assessment income tax returns for annual business

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Complaints to HMRC jump 19%

The number of complaints to HMRC jumped 19% to 6,437 in May, up from 5,410 in the previous month, according to research by UHY Hacker Young. It also found that wait times on HMRC’s customer helplines have also worsened. The average speed of answer was 14:59 minutes in May, increasing 22% from 12:17 minutes in April and 123% from 6:43

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Friday Roundup 24th July 2020

The news from the week ending 24 July 2020 Sarah Palmer – COO Simon Jordan – Marketing Kerry Wale – The Payroll & Furlough Queen Below are the notes from the podcast On this week’s Friday Roundup we have… Intro from Simon No update from Janet this week as she has been allowed a much-needed weeks holiday! Sarah Update from

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Clients Considering Going Self-Employed?

At the turn of the decade earlier this year, there were over 2 million freelancers in the UK. Combined, they contribute approximately £125 billion to our economy. And as working from home has never been easier, it looks likely that the demand for self-employment will only continue to rise. The trouble is, self-employment isn’t as straightforward as simply winning business

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2 pieces of advice that are crucial to her success – The Jennifer Barker Interview

Episode 8 of the IAB Podcast we interview Jennifer Barker. In this episode, we ask Jennifer:- 7 years in her bookkeeping practice Jennifer shares with us 2 main pieces of advice that are crucial to her success. We also ask What’s your story? How did you start? What have you learnt and what would you have done differently? What advise

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Tax credits: 31 July deadline looms

People claiming tax credits must tell HMRC about any changes to their circumstances or income by 31 July. In a statement the revenue said: “Renewing tax credits online is quick and easy. Customers can log onto GOV.UK to check the progress of their renewal, be reassured that it’s being processed, and know when they will hear back from HMRC. “While

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Advice on how to reopen your business safely

The government has published advice on how employers can safely reopen their business as the return to work in the UK continues to gather pace. On its website it says: “Employers that want to reopen their business have a legal responsibility to protect their employees and other people on site. Use this guidance to help you carry out a risk

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