Chartered accountants, tax & business advisors
Scheme Opens Earlier Than Expected!
See: https://www.gov.uk/guidance/claim-a-grant-through-the-coronavirus-covid-19-self-employment-income-support-scheme
This week HMRC will start contacting self-employed people who are likely to be eligible, t... Read news article
On Friday 1 May 2020 the Government issued the legislation by way of a Direction to introduce the Self-Employed Income Support Scheme. At the same time HMRC issued more detailed guidance on the operation of the scheme.
The Self-Employment Income S... Read news article
The government has brought forward legislation to zero rate electronic publications in a move to make them more affordable for people confined to their homes or affected financially by coronavirus. Zero-rating was originally due to take effect on 1 D... Read news article
Covid-19 has had a big impact on many SMEs in the UK. A recent study by the Office for National Statistics showed that nearly 40% of businesses in the UK had a substantially lower turnover. With the current level of disruption likely to remain for so... Read news article
The purpose of this article is to give an overview guidance of what, why and how a business might be cocooned (or mothballed) in response to the change in trading environment arising from Covid-19. The pandemic will affect business sectors differentl... Read news article
In these difficult times it’s nice to have some good news.
Millie Seabrook our trainee accountant took her final level AAT exams before the lockdown and we are very pleased to be able to say that Millie passed them with a high score and has achi... Read news article
With many employees and the self-employed being furloughed, being made redundant or making lower profits, their income for 2020/21 may well fall below the £50,000 limit at which child benefit starts being taxed.
If either you or your partner has ... Read news article
Earlier this afternoon, HMRC advised that the online service through which claims for the Job Retention Scheme will be made is to be launched on 20 April 2020.
The advice can be summarised as follows:
o Claims can only be made via this online s... Read news article
The Government recently provided more details on how the CJRS works, the information here is based on the government advice issued on 4 April 2020. Please note the online service you will use to claim is not open yet – we will let you know when it ... Read news article
Updated 22.03.2020 @7.52 am
The information here may be subject to change , we will update it when we have further information.
HMRC current guidance:
Under the Coronavirus Job Retention Scheme, all UK employers will be able to access suppor... Read news article
