March Newsletter

March Newsletter


It will be nearly 18 months since the last Budget and in the meantime we will have had three different chancellors following the unexpected resignation of Sajid Javid. The early years of a new Parliament are a good time to make radical changes and many are predicting significant tax announcements on March 11.

Rather than increasing headline tax rates it is understood that the Government are considering the abolition or restriction of many tax reliefs that we have got used to relying on. This would also have the effect of increasing tax revenue, but it is likely that the changes will impact on those who are better off.

(Pictured to the right is Rishi Sunak, our new chancellor)



Your maximum annual investment in ISAs for 2019/20 is £20,000.  Your investment needs to be made before 6 April 2020.

In addition, have you thought about investing for your children or grandchildren by setting up a Junior ISA? In the 2019/20 tax year, you can invest £4,368 into a Junior ISA for any child under 18.




What’s Due


Corporation tax payment for year to 31/5/19 (unless quarterly instalments apply)


PAYE & NIC deductions, and CIS return and tax, for month to 05/03/20 (due 22/03 if you pay electronically)


Corporation tax payment for year to 30/6/20 (unless quarterly instalments apply)


End of 2019/20 tax year, Many tax actions need to be taken by this date (see above).


PAYE & NIC deductions, and CIS return and tax, for month to 05/04/20 (due 22/04 if you pay electronically)












Facebook is one of the biggest social media platforms in the world. In recent years Facebook advertising has become commonplace – but is it an effective means of advertising for your business?

Facebook has a huge global audience – it is one of the world’s most popular social media platforms. It is also widely used throughout the day. People tend to access social media on mobile devices as well as on computers - this gives you a bigger window of opportunity as your target market is just as likely to see your advert on their mobile phone - during their morning commute - as they are when they are sitting at a desk, browsing social media updates.

So, in theory, Facebook advertising offers the potential to access a huge audience throughout the day (and night). However, to create effective Facebook advertising, you need to set some objectives for your campaign. For example - are you trying to increase your brand awareness or are you trying to drive traffic to your company website? Do you want to encourage people to buy a product or subscribe to updates? Does your firm have an online store that you want to drive traffic to?

The Facebook Ads platform focuses on placing your products and services in front of an audience. However, it takes careful planning in order to create a successful campaign. Think about your target audience and what you want them to do as a result of seeing your advert. If you want them to subscribe or buy a product, you need to give them a reason for doing so. Your audience wants to know what’s in it for them – so tell them.

If you are trying to generate leads from your Facebook campaign, remember – people come to social media to be entertained. If you craft the right message, you will be able to engage an audience  but you will also need to have a compelling offering.

For example, if you run a photography business, you could offer a free photo shoot for the first 2 businesses to sign up via Facebook for some corporate head-shots. If you offer services via an app, you could offer a free 1-year subscription to the first 10 people to download your app, and so on.

If you are trying to generate brand awareness, you may want to share some thought leadership or video content for free. For example, you may decide to produce an interesting video that encourages users to like and share it with their friends and contacts on Facebook. If the content is really good, they are more likely to share it.

If you are a local business offering local services to local clients, you will need to be very targeted in your approach. You can use Facebook’s geo-targeting options to market to a set of specific users based on their geographic location. If you want to target an audience based on age profile, this might determine whether Facebook is the right platform at all. Perhaps younger customers are using other social media sites whereas older generations may not use social media at all.

Whether Facebook advertising is right for your business really depends on what you are trying to achieve.

The most important thing is to set out some clear objectives then you can identify your target market and select the most appropriate media. Does Facebook advertising work? Yes, if it is used correctly but it is only a tool. The key is to make sure that you choose the right tool for the job.