Entries by James Burnett

2017 Spring Time Budget Update

The Spring Budget brought good news and some bad news for businesses. A summary of key points are as follows: UK economy to grow 2% rather than 1.4%, the Chancellor says. In 2018 growth is forecast to slow to 1.6%, before picking up to 1.7%, then 1.9%, and back to 2% in 2021 Inflation is forecast […]


From the 1st April 2017, sage will not longer offer perpetual licences (one off payment for complete ownership)  for upgrades, all customers will be moved onto subscription contracts on a pay monthly basis. Will you be affected? The programs affected will be : Essentials Accounts Accounts Plus Accounts Professional Sage Cover Online / Extra / […]

Finance Wales Micro Loans

Finance Wales are providing a more streamlined process for their micro loans of up to £10,000. Eligible Welsh small and medium sized businesses can apply for the micro loans from the Welsh Government’s Wales Micro Business loan fund. There is now a two day streamlined application process for Welsh businesses that have been trading for […]

Making tax digital

At the March 2015 Budget, the Government set out the vision for a transparent and accessible tax system fit for the digital age – putting an end to the tax return for good. Millions of small businesses are already using HMRC digital accounts. In 2016, every individual and small business will have access to their […]

Apprenticeship Levy

The Apprenticeship Levy is being introduced from 6 April 2017 and will be payable by large employers. The Levy will be 0.5% of the employer’s pay bill, which is explained later in this article, but there is an annual allowance of £15,000.The allowance will be given on a pro-rata basis throughout the tax year. The […]


If you have recently emailed us using our tellmemore@clayshawthomas.com address and have not received a response, please accept our deepest apologies. We have experienced some technical issues that have only now been identified. I can confirm that the tellmemore@clayshawthomas.com email is now fully functional! Should you wish to speak to one of our team directly […]

Our New Business Kit

Are you a start-up or a growing business? If so our New Business Kit is for you! It covers a full suite of processes and guides to help you run your business more effectively and efficiently. The kit contains valuable information covering the following topics:   Selecting the right legal entity for your business Registering with the […]

Are you on the right VAT scheme for your business?

There are several different ways you can account for VAT that could save you time and money and improve cash flow. Choosing the right scheme is dependent on your specific business and your needs. Most businesses will use the standard VAT scheme because it is the default scheme for any newly registered business. Using standard […]

Autumn Statement

With the General Election looming next year there was always going to be something in this Autumn statement to appeal to the voter. The Chancellor, George Osborne, whilst emphasising the success of his polices and relative strength of the UK economy did make some unexpected giveaways: – Stamp Duty is to be reformed, with the […]