COVID-19 and claiming benefits

The government has announced that certain benefits will be increased as part of the package of measures to help households affected by COVID-19. This will see the standard rate of Universal Credit and Tax Credits increased by £20 a week (£1,040 per year) for one year from 6 April 2020. It has earlier been announced as part of the Budget …

What expenses can I claim through my limited company?

When it comes to understanding what expenses you can claim through your company as a company director, there is one phrase it is important to remember. Your expenses must be incurred “wholly and exclusively” for business purposes. But first, let’s understand exactly how ‘expenses’ are defined and what the implications of paying for them through your company are. We will …