Amidst heightened restrictions, the government’s Job Support Scheme will open next month. It will serve as an indirect replacement for the Job Retention Scheme, which closes at the end of October. According to the government, the Job Support Scheme will ‘protect viable jobs in businesses facing lower demand due to COVID-19.’ We’ve taken a look […]…
To many, September means falling leaves, late summer evenings, and the beginning of the new school year. And whilst even Coronavirus has not managed to alter that, there are a few business and accountancy-related announcements – both this month and into the autumn – that we wanted to make sure you were aware of. Namely: the Budget; […]…
‘Managing your business through a pandemic’. It’s not something many Directors or CEOs will have contemplated in times gone by. But things have been a little different in 2020. While the lockdown (for many, at least) may be over, the impact that Coronavirus has had on UK business – let alone wider society – is […]…
The Chancellor’s VAT rate reduction – that we reported on earlier in the summer – is now in full swing, and applies to selected businesses until next January. Estimates suggest the scheme will cost around £4bn, but Mr Sunak hopes it will prove vital in protecting jobs and promoting business for tourism and hospitality – […]…
Last weekend, the government issued fresh guidance surrounding the Coronavirus Job Retention Scheme (CJRS). Speaking from Downing Street, the Chancellor, Rishi Sunak, outlined how the scheme will operate – and evolve – over the next few months. Here’s a brief summary of the very latest developments impacting our small business clients: The CJRS will continue […]…
Earlier this week, a new, government-backed loan scheme went live across the country. It aims to help small and medium-sized businesses (SMEs) navigate the financial fallout caused by COVID-19 (Coronavirus). As of Monday 4th May, UK businesses are now able to borrow up to £50,000 – accessible within days – through a government scheme dubbed: […]…
There are two main types of payment structure for self-employed contractors and freelancers. Limited companies and umbrella companies. Both of which offer certain advantages depending on your personal circumstances. This article focuses on the pros and cons of operating a limited company. So, if you need more information on umbrella companies and how they operate […]…
We’re now almost a month into a shiny new decade. As many people battle to keep alive their New Year promises, steering clear of the beer and resisting red meat, now could be the time to consider a more long-term resolution. In short, could the new decade be the catalyst for that game-changing new business […]…
Huge developments in accounting technology are shaping the future of digital taxation. In today’s society, access to information is more readily available than ever before. Data is accessible anytime, anywhere, and by anyone with the necessary knowhow or legal power. As a modern business, it’s important to think about your own accounting technology. As well […]…
First announced in the 2015 Spring Budget, Making Tax Digital is a big step forward. It encourages the storing of digital business records and reduces the need for painstaking paper trails. This is something that’s particularly prevalent in the modern climate. You can also send Income Tax updates – online – direct to HMRC. What’s […]…
