The Chancellor, Rishi Sunak, on Monday (27 April 2020) made a statement to the House of Commons on the government’s economic response to the coronavirus outbreak. The Chancellor confirmed that the Office of Budget Responsibility (OBR) has said that the…
WHAT IS THE JOB RETENTION SCHEME? The Coronavirus Job Retention Scheme is open to all UK employers to access support to continue paying part of their employees’ salary for those employees that would otherwise have been laid off during this…
The outbreak of Coronavirus (COVID-19) has seen the UK Government launch a series of unprecedented announcements in the Government’s support of businesses, employees and individuals. Below are further details. SUPPORT FOR LARGER FIRMS Under the COVID-19 Corporate Financing Facility, the…
The long-awaited statement from the Chancellor, Rishi Sunak regarding COVID-19 support for the self-employed has been announced. The Chancellor said that the scheme will benefit some 95% of people whose main income source is derived from self-employment. A list of…
Following yesterday's instruction to stay at home unless completely necessary all staff except myself are now home based. I will be partly in the office as necessary and also working from home. Our systems seem to be working as planned. The phones…
We're going to be posting relevant information for our clients and providing a relevant link for further reading where possible. Today's update is as follows: IR35 changes which were planned to come in to effect in April have been postponed for…
With the deadline to file your 2018/19 self-assessment now less than 80 days away HMRC is encouraging taxpayers to complete them before the busy period arrives. Filing even 1 minute past the 23:59 deadline on 31st January could result in an…
It seems the build up to Christmas starts earlier and earlier each year and many teams are now looking forward to getting closer to the festive season, in particular the Christmas party! The perfect chance to celebrate the years achievements…
There are changes to the IR35 legislation that come into effect on the 6th April 2020 for private sector contractors that will transfer responsibility from contractors to large and medium companies to assess IR35. The 2020 reform will bring private sector…
If you’re starting out in business you will need to prepare a financial forecast and budget in order to move forward. In summary a budget is what you’d like to happen, and a forecast is a reflection of what might…