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Life cover is never a great subject to talk about but unfortunately you never know when the unexpected may happen. We have all heard of tragic stories of individuals unexpectedly losing their lives, and whilst it is rare it does happen and for many this can leave a huge financial hole for their loved ones.

In the recent Budget, the chancellor has set out further support for the self-employed. In addition to the upcoming fourth grant there will also be a fifth SEISS grant covering the 5 months to 30 September.

The Chancellor has announced a number of changes to the Coronavirus Job Retention Scheme. The scheme has been extended until 30 September 2021 and the level of grant available to employers under the scheme will stay the same until 30 June 2021.

In the Chancellor’s second real Budget on 3 March 2021 he announced that he had to level with people about the state of the UK economy. Unsurprisingly given the amount of support necessary for businesses and to keep unemployment levels down the UK finances are in a mess! The national debt is expected to hit £2.5 trillion by the end of 2021!

The long delayed VAT Domestic Reverse Charge for the Construction Industry was finally introduced on 1st March 2021.

If you opted to defer your vat payment between 20 March and 30 June 2020 and still have payments to make, you can now defer your payments for a period of up to 11 months, making payments in equal instalments, interest free!

2021 started with another lockdown for UK businesses, which means that most consumers will continue shopping and searching for services online. If your target audience is the public you will know how important it is to promote your business online. But how do you know if your website and social media channels are optimised to appeal to and convert your target audience, your customers?

Thinking about getting an electric or hybrid car for your company? The government has announced that there will be a zero P11D benefit for the drivers of electric cars from 2020/21. This is instead of the 2% scale charge that was originally included in Finance Act 2017 to apply for 2020/21.

Business relationships usually begin with lots of enthusiasm and passion but soon hit the reality of life. There will be highs and lows in business, the business leaders will have differing visions of where they wish the business to go, different work ethics, differing family constraints and much more. It doesn’t necessarily matter whether your business is a great success or a failure we are all different and sometimes we have to go our different ways. The key however is to have a plan in case the worse happens.