Monthly Archives: May 2020

Accountancy Home » Accountants Archives for May 2020

C19 Business news update

The Government launches its test and trace service today and has issued related guidance for England. There are equivalent arrangements for Scotland, Wales and Northern Ireland. Government launches NHS test and trace service - England The new NHS Test and Trace service will launch today (Thursday 28 May) across England, [...]

By |2020-05-28T13:59:21+01:00May 28th, 2020|Covid 19|

57 Ways to Grow Your Business

Want to learn how to successfully grow your business? Business growth is essential for any business wanting to progress and succeed. Generating new business and increasing your income is important to your business success, however, without the correct expertise this can be challenging. Maple Accountancy has put together a detailed [...]

By |2020-05-28T14:23:49+01:00May 22nd, 2020|Business Support|

Update on Corona job retention scheme

Chancellor Extends Furlough Scheme Until October The government’s Coronavirus Job Retention Scheme will remain open until the end of October, The key points announced by Chancellor Rishi Sunak are: Coronavirus Job Retention Scheme will continue until end of October furloughed workers across UK will continue to receive 80% of their [...]

By |2020-05-20T13:14:08+01:00May 20th, 2020|HMRC News and Updates|

Claiming Research and Development Tax Credits as a loss-making company

A question we get asked a lot is; is it really worth the time and effort to make a Research and Development (R&D) tax credit claim if my company is making a loss? The simple answer is, yes, you can still get a high value R&D tax credit claim if [...]

By |2020-05-20T11:14:18+01:00May 20th, 2020|HMRC News and Updates|

Coronavirus advice: What expenses can employees and the self-employed claim for whilst working from home?

  The coronavirus pandemic has caused thousands of people to start working from home, many of whom have never done so before. A lot of people may not realise that they can claim expenses when working from home or aren’t sure what they can claim for, so we have put [...]

By |2020-05-22T14:16:39+01:00May 20th, 2020|Uncategorised, Covid 19|

Check if you can claim a grant through the Self-Employment Income Support Scheme

HMRC updated their guidance 4 May to outline the process for applying for SEISS. The scheme will allow you to claim a taxable grant of 80% of your average monthly trading profits, paid out in a single instalment covering 3 months, and capped at £7,500 altogether. You will get a [...]

By |2020-05-22T14:16:46+01:00May 14th, 2020|Uncategorised, Covid 19|

Opening a Government Gateway Account

Self Employed Income Support (SEID) Under the Coronavirus Scheme. HMRC have issued some more details relating to the claims for the Self-Employed Income Support. The latest guidance was issued on 1 May. Details are in the link highlighted below. As with many HMRC “guidance notes” issued recently, these tend to [...]

By |2020-05-22T14:17:00+01:00May 14th, 2020|HMRC News and Updates, Covid 19|

Applying for R&D Tax Credits – everything you need to know

Research and Development Tax Credit rewards businesses who are coming up with innovative new solutions, products, services, and processes, and can help businesses save hundreds of thousands of pounds in R&D tax relief. The UK government offers tax relief on Research and Development projects to reward companies for innovation. Many [...]

By |2020-05-13T15:31:24+01:00May 13th, 2020|HMRC News and Updates, Tax Relief|