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9 07, 2020

Summer Economic Update

By |2020-07-09T10:00:10+01:00July 9th, 2020|Covid 19|

On Wednesday, the Chancellor Rishi Sunak made a speech entitled “Summer Economic Update” where he unveiled further Government supports and he unveiled the Government’s plan for jobs which he described as the “Second phase in in the Government’s economic response to the crisis.” Here are the highlights and we will [...]

8 07, 2020

C19 Business News Update

By |2020-07-08T13:16:04+01:00July 8th, 2020|Business Support, Covid 19|

How to treat certain expenses and benefits provided to employees during Coronavirus The Government has updated its guidance on taxable expenses and benefits when they are paid to employees because of coronavirus and how to report them to HMRC. The controversial news that a Covid-19 test, if paid by the [...]

3 07, 2020

C19 Business News Update

By |2020-07-03T14:30:55+01:00July 3rd, 2020|Uncategorised|

The Prime Minister shared the government's further plans to reinvigorate the economy as a more localised approach to COVID-19 was introduced this week. Stock markets remain broadly positive as they reflect on the increasing level of stimulus being offered by central banks across the world. Understandably, many are agreed on [...]

3 07, 2020

Everything you need to know about the Future Fund scheme

By |2020-07-03T13:24:03+01:00July 3rd, 2020|Uncategorised|

On 20th May, the government and the British Business Bank (BBB) opened the new £250 million Future Fund to applications. The scheme has been set up to help innovative UK companies and start-ups through the current period of economic disruption caused by the Covid-19 pandemic. It has been reported that [...]

2 07, 2020

Don’t miss the deadline for the Self-Employment Income Support Scheme

By |2020-07-02T15:27:48+01:00July 2nd, 2020|Uncategorised|

The Self-Employment Income Support Scheme (SEISS) was introduced by the government in March to support those who are self-employed during the coronavirus pandemic. The deadline to apply for the first grant of the scheme is fast approaching, so if you are thinking of applying, now is the time to act [...]

26 06, 2020

What should I know about tax and dividends in 2020/21?

By |2020-06-26T10:12:27+01:00June 26th, 2020|Uncategorised|

Dividends can be extremely confusing, but if you're looking for the most tax-efficient way to extract money from a company, the pros often outweigh the cons. To help you get started, and figure out if dividends are the right option for you, we have put together a short guide with [...]

24 06, 2020

C19 Business News Update 24th June

By |2020-06-24T13:09:44+01:00June 24th, 2020|Business Support, Covid 19|

There is welcome news for the English hospitality sector and, if they can operate safely, they can reopen from the 4 July. There are important changes for the construction industry. There is also a new guide on the coronavirus job retention (CJRS) scheme: a step by step guide for employers. [...]

23 06, 2020

Should you pay or defer? What are the options for your upcoming tax bill?

By |2020-06-23T14:16:19+01:00June 23rd, 2020|HMRC News and Updates|

The current pandemic has brought a variety of significant changes to our professional and personal lives, but some things remain constant, and unfortunately, taxes are one of those. Now more than ever, people are worried about their finances, and the strain taxes will have on them. To help businesses and [...]

17 06, 2020

Covid 19 Business News Update

By |2020-06-17T10:31:21+01:00June 17th, 2020|Uncategorised|

Today we catch up with the launch of the Local Authority Discretionary grant funds in England and how you can watch videos and register for the free Government webinars to learn more about the support available to help you deal with the economic impacts of coronavirus. The Government has been updating a [...]

16 06, 2020

Changes to the Coronavirus Job Retention Scheme

By |2020-06-16T14:58:42+01:00June 16th, 2020|Uncategorised|

Wage caps are proportional to the hours not worked. Updated 12 June.How different circumstance affect the Self-Employment Income Support Scheme The Self-Employment Income Support Scheme currently allows you to claim a taxable grant worth 80% of your average monthly trading profits, paid out in a single instalment covering 3 months’ [...]