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We like to keep ahead of the curve wherever we can – whether that’s technological advances, legislation, or just what’s happening in accounting. Then share it all as free advice on our blog page.

View Tax Planning Options For 2020-21

Tax Planning Options For 2020-21

The 6th April marks the beginning of a new tax, and for the coming year, unprecedented challenges. As with most things in life, problems are a necessary precursor to finding solutions. We have listed below a few reminders of the issues you may want to consider as worthy of including in your 2020-21 tax planning…

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View Advice For Applying For A Business Interruption Loan

Advice For Applying For A Business Interruption Loan

Guidance has now been updated by The British Business Bank on how to apply for the recently changed Coronavirus Business Interruption Loan Scheme (CBILS). Where to Apply Most of the UK High Street banks can provide a CBILS loan facility. As your present bankers already know you and your business, for most businesses, making an…

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View Dividends Excluded From Coronavirus Support Calculations

Dividends Excluded From Coronavirus Support Calculations

The Self-Employed Income Support Scheme is not available for directors, who will need to seek financial support in other ways during the coronavirus outbreak. When the Government first announced measures to help self-employed workers last week, the information included a telling paragraph. It read: “Those who pay themselves a salary and dividends through their own…

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View COVID-19 | Support For The Self-Employed

COVID-19 | Support For The Self-Employed

Self-employed people are the latest group of workers to be given income support by the Government to help them through the coronavirus crisis. The Self-Employed Income Support Scheme came as welcome news for millions of people who had previously felt left out by Chancellor Rishi Sunak’s measures to support firms and their employees. However, not…

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View Local Authority Grants | Registration Forms

Local Authority Grants | Registration Forms

As local authorities work to deliver grants of £10,000 or £25,000, we have noticed that new pages are appearing on their websites. Some have already put application/registration forms on their website to no doubt manage the influx of requests and outline criteria for the support. Below we have listed the addresses of local authorities, some…

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View Tax Payment Delays For Businesses And The Self-Employed

Tax Payment Delays For Businesses And The Self-Employed

Further support to businesses and the self-employed to delay payment of various taxes to help them during the coronavirus outbreak was announced by the Government last week. They include: VAT Any VAT that falls due for payment in the period from 20 March, 2020 to 30 June, 2020 can be deferred until the end of…

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View Furloughed Staff | What It Means And How To Claim

Furloughed Staff | What It Means And How To Claim

Unprecedented state support to help pay the wages of staff left unable to work due to the coronavirus outbreak has been announced by the Chancellor. Rishi Sunak said on Friday that the Government would step in and pay up to 80 per cent of furloughed staff wages up to a monthly maximum of £2,500 per…

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View Government Support For Small Businesses During the COVID-19 Outbreak

Government Support For Small Businesses During the COVID-19 Outbreak

Small business owners are among those who may be particularly feeling the growing impact of the coronavirus pandemic. In last week’s Budget, the Chancellor announced ways the Government was offering additional support. Statutory Sick Pay (SSP) Small- and medium-sized businesses and employers to reclaim Statutory Sick Pay (SSP) paid for sickness absence due to COVID-19….

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View Government Support For Individuals During The COVID-19 Outbreak

Government Support For Individuals During The COVID-19 Outbreak

The coronavirus (COVID-19) pandemic in the UK is affecting the normal way of life for people in many ways. The Government has announced a number of measures to support individuals as its impact continues to grow. Statutory Sick Pay (SSP) Statutory Sick Pay (SSP) will now be available for eligible individuals diagnosed with COVID-19 or…

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