Monthly Archives: March 2021

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Clubhouse app – what is it and how can I use it for small business marketing?

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Originally written by Jim Meadows on Small Business
The social media landscape has evolved drastically over the years. There are now multiple social platforms, each with different specialised characteristics.
For example, Twitter provides its users with a platform to share news and views; Instagram hosts stylised visual content; YouTube is the king of video; while TikTok’s short-form video content provides users with light-hearted escapism.
And now we have a new social platform that allows users to share and interact with audio-only content. This new platform is Clubhouse.
The emergence of Clubhouse
Since the pandemic stripped us of live events and the privilege of casually listening and contributing to random, in-person conversations, it seems logical as to why a social media platform that allows us to do just that has risen in popularity.
Additionally, the rise of podcasts and the increasing Zoom fatigue, has spurred on the emergence of Clubhouse. For many, the app creates a break from the endless screen time we are now accustomed to, with one Vogue journalist describing that she had downloaded Clubhouse because she felt ‘Zoomed out’.
What is Clubhouse?
Clubhouse launched back in March 2020 and describes itself as ‘a new type of social product based on voice’. The new social platform has been valued

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Hot Business News Today

Super-deduction tax break – what is it and how does it work?

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Originally written by Timothy Adler on Small Business
What is the super-deduction tax?
The super-deduction £25bn tax break, announced in last Wednesday’s Budget, is intended to spur investment by providing 25p off company tax bills for every pound of qualifying spending on plant and machinery.
How the super-deduction works
The super-deduction offers 130 per cent first-year relief on qualifying main rate plant and machinery investments from April 1 2021 until March 31 2023 for companies.
For most business equipment, there will be a super-deduction of 130 per cent of the expenditure incurred. This will mean that on a spend of £100,000, the corporation tax deduction will be £130,000, giving corporation tax relief at 19 per cent on £130,000, which is £24,700.
Normally such expenditure would either fall within a company’s annual investment allowance and produce relief of only £19,000 or alternatively be tax-relieved at 18 per cent of the cost per annum.
Nigel May, partner at MHA MacIntyre Hudson, said: “Companies looking to use this relief will need to take care when the assets that the expenditure relates to are sold: tax charges may then arise clawing back the relief. It is perhaps worth noting that certain expenditure is excluded, in particular the acquisition of company cars.”
What

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