The Chancellor Rishi Sunak announced further measures in Parliament to support jobs and business sectors severely affected by the COVID outbreak. Grants and reliefs offered included support for: employment, the beleaguered hospitality and tourism industry and included green initiatives as well as a novel scheme to get us to eat out in August. The expected […]
Insider: Tax & Business News Summary
Welcome to our briefing designed to bring you tax tips and news to keep you one step ahead of the taxman. We are committed to ensuring none of our clients pay a penny more in tax than is necessary and they receive useful tax and business advice and support throughout the year. Reading Time: 5 minutesDownload PDF […]
Free e-Book: 50+ Practical Ways to Grow Your Business
We’ve all had time to do a lot of thinking recently… your business may have been stretched or just emerging into a new and scary business environment. Things will improve, so now is the time to think about your plans and set goals to get your business moving. Read the bright ideas in our free […]
Government loans & R&D Tax Credits
If not properly handled, being the recipient of government backed loans could cause some serious headaches for upcoming Research and Development (R&D) tax credit claims. In direct response to the Coronavirus pandemic the Government rushed out the Coronavirus Business Interruption Loan Scheme (CBILS) and the Bounce Back Loan Scheme (BBLS). Whilst very welcome these schemes […]
C19 Business News Update
The Government has outlined its recovery strategy as high streets reopen this week. Today face masks become compulsory on public transport in England. The Coronavirus job retention scheme rules (CJRS) are changing, and these are outlined below and other Government news. At the end of the newsletter are details of allowable expenses for home working. […]
Tax on redundancy payments
In recent years – due to tax changes – it has become more expensive to make termination payments. With redundancies on the rise due to the coronavirus, is it time you understood how termination payments work in 2020? Beyond the human tragedy of COVID-19 is an economic one. Swathes of the UK economy have been […]
Government support begins to taper off?
The Furlough scheme is changing and the support for the self employed will be extended for the final time. Below we detail all the latest Government support and guidance. FAQ’s on what we can and cannot do have also been updated over the weekend and there are also changes to childcare and free child minding […]
Furlough scheme set to be closed to new employees
Depending on your definition of success, the Coronavirus Job Retention Scheme has certainly been a success with around eight million workers furloughed so far, nearly a million businesses using the scheme, and with costs totalling around £80bn. However the Chancellor is set to announce this week that the UK government will soon bar companies from […]
Covid-19 Business News Briefing
With so much being announced every day you could be forgiven for switching off due to information overload. So to assist you to navigate your way in these uncertain times, here is a summary of news we feel may be relevant to you and your business. Prime Minister Boris Johnson sets out a timeline for […]