Small Business Accountancy Blog From RIFT Accounting in Kent

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  • COVID-19: Sick Pay Support for Small Business

    COVID-19: Sick Pay Support for Small Business

    New scheme allows SMEs to reclaim SSP payments for 14 days.

  • COVID-19 Pushes Back IR35 Rule Changes

    COVID-19 Pushes Back IR35 Rule Changes

    Just a few weeks before new regulations over IR35 were set to roll out to private sector businesses, Chief Treasury Secretary Steve Barclay has announced a delay until April 2021.

  • Covid-19 tax worries: Don't Suffer in Silence

    New HMRC helpline for businesses worried about Covid-19

    The Government has set up a helpline for small businesses worried about the impact of Covid-19.

  • Salaries and Dividends For The 2020/21 Tax Year

    Salaries and Dividends For The 2020/21 Tax Year

    If you operate your own UK limited company you will probably want to use the tax planning strategy of extracting money from your company through a combination of dividends and a low salary to ensure you optimise your tax.

  • National Insurance For The New Tax Year: April 2020-2021

    National Insurance For The New Tax Year: April 2020-2021

    National Insurance was originally introduced in 1911 as a contributory system of insurance for those who could not work due to illness and unemployment and later retirement pensions and other benefits were also covered.

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