HMRC has published further guidance on the SEISS, including details of how to work out total income and trading profits. There is also more detail on how to make a claim, eligibility and the interaction between the scheme and universal credit, as well as additional support on how to calculate profits and total income. HMRC […]
Winter economy plan includes a new job support scheme to subsidise wages, more time to pay business loans, and an extension to the VAT cut for hospitality. With the furlough scheme winding down and local lockdowns on the increase to try and curb the rising tide of coronavirus, it was almost inevitable the Chancellor would have to
Special Bulletin: Chancellor throws new jobs lifeline to save the UK economy Read More »
In current climate lots of business owners may be thinking of how to protect their assets such as properties and trade from future uncertainties and potential problems due to risks associated in current tough economic conditions. As a business owner you may be thinking about where things lies ahead. One of the example may be
Protecting your business from economic uncertainties Read More »
How to use this guide After a year like 2020, you might be forgiven for not paying much attention to organising your finances, but there’s still time to arrange your affairs as efficiently as possible before the start of the new tax year on 6 April 2021. It’s important to consider this from every angle:
Year-end tax guide 2020/21 Read More »
Are you prepared for changes to the IR35 rules? Exactly a year later than planned, changes to the off-payroll rules – known as IR35 – will take effect in the private sector next month. The emergence of COVID-19 put paid to the changes affecting large and medium-sized private-sector organisations this time last year, but now
Off-payroll working in the private sector Read More »
Below is a summary of the packages announced by the Chancellor on Friday. As noted by a number of clients there was no help for the self-employed. I would not be surprised if we hear further announcements this week on this. The key concern I hear from clients is how quickly companies will be able to access
Summary of Packages Announced Read More »