Addicus Blog

We sincerely hope that you, your family and your colleagues remain safe and well in this “new normal”. If you need help please get in touch; we are doing everything we can to help businesses push through these difficulties. We’ve been busy helping clients deal with loans, payroll, furlough claims, sick pay and generally assisting

We’ve refreshed our website privacy policy and information about how we use cookies, in the light of forthcoming data protection changes under GDPR. We intend to revisit these often over the next weeks and months to ensure they accurately reflect our business, so please check back frequently. Information about GDPR can be found on the

Please find our new GDPR Statement  This will be revised from time to time as we progress through the initial phases of implementation, so please check for updates.

After 15 years or so at Winchester Place, we have decided to relocate the Poole office. Just over 5 minutes from the old location down the A35, the new office offers better parking and facilities, as well as being a nicer place to visit and work. So from the 21st of August 2017 our new

HMRC are moving to a regime of enforced electronic record-keeping and quarterly submission of financial updates, as part of their drive to Make Tax Digital. It’s relatively early days but we are encouraging businesses and individuals to become aware of the changes and how it may impact on them, and take steps to minimise disruption

HMRC has published new guidance on the upcoming changes to tax relief for buy-to-let landlords. From April 2017, tax relief on mortgage costs is to be restricted to the basic rate of tax. Landlords of residential properties have benefited from tax relief on finance charges, such as mortgage interest for many years. This change marks

From Monday 21st March 2016 our phone number will change to 0800 1707 800 This means that the vast majority of calls to Addicus from within the UK will be free of charge, from both landlines and mobiles. Our old number will continue to work for a while during the changeover period, but this isn’t

The Government has launched another consultation, with the likely intention being to discourage shareholders and director’s loans within small companies and encourage remuneration by increasing salary or dividend. Currently, director’s loans unpaid at the end of the company’s accounting year, attract an additional corporation tax charge equal to 25% of the loan outstanding (unless the

From April 2013, a phased introduction of Real Time Information (RTI) will see all employers required to submit payroll data to HM Revenue & Customs online on or before payments credit employees’ bank accounts, rather than at payroll year end. HMRC will tell you the date from which your business should submit RTI returns. This

You can be profitable and still be bankrupt.

Unfortunately, for millions of small- and medium-sized businesses, there is no bailout or rescue plan if you run your accounts down to £0 while still owing money, no matter how profitable you are.

Planning and monitoring your cash flow is the only way to be successful and stay in business.