News
Eat Out to Help Out opens for claims
07 August 2020
With the first week of the Eat Out to Help Out scheme now concluded, the online portal is opening for pubs, bars, restaurants and certain other hospitality venues to claim funds from the scheme. The scheme offer grants covering the whole cost to restaurants, cafes and pubs that sell food of providing a 50 per cent discount...
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Key dates for Coronavirus support schemes
07 August 2020
With numerous Government schemes open to businesses and individuals to help deal with the impact of the Coronavirus outbreak, there are dozens of key dates to be aware of in the coming months, including:31 August 2020 Eat Out to Help Out closes to customers. 1 September 2020 Grants from the Coronavirus Job Retention Scheme (CJRS)...
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New legislation introduced to protect redundancy pay of furloughed workers
30 July 2020
The Government has announced that from 31 July 2020 any furloughed worker that is made redundant will receive a payment based on their normal wage rather than the reduced rate of pay they may have received under the Coronavirus Job Retention Scheme (CJRS). Reports of a small number of employers taking advantage of the Coronavirus crisis...
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Seven tips to get start-ups off the ground
23 July 2020
Out of the doom and gloom of the pandemic, new businesses are sprouting up – many built around successful concepts launched and developed during lockdown. Launching a business can be daunting and risky, to help, we have prepared seven tips that all start-ups can follow...
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Government confirms Coronavirus tax concessions in amended Finance Bill
23 July 2020
The Finance Bill 2020 has now reached the report stage in Parliament. In response to the impact that COVID-19 has had on the country, the Government has confirmed several temporary tax concessions. To help you make sense of these changes we have prepared a useful summary...
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Future Fund expanded to more businesses
23 July 2020
The Government has announced that the Future Fund – the support scheme for early-stage, high-growth firms – will be expanded so that more firms can benefit. The scheme, which was announced by the Chancellor in April, offers Government loans ranging from £125,000 up to £5 million to high-growth start-ups that can attract equal match...
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Research finds lack of knowledge, information and skills are key barriers to Making Tax Digital compliance
23 July 2020
A report commissioned by HM Revenue & Customs (HMRC) to find out why 16 per cent of businesses have failed to comply with Making Tax Digital (MTD) for VAT more than a year after the rules came into effect has been published. The IPSO Mori research found that a “lack of knowledge, information and skills were frequent barriers...
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New corporate insolvency rules come into effect
23 July 2020
A range of new corporate insolvency rules have come into effect after the Corporate Insolvency and Governance Act 2020 (the Act) received Royal Assent. The Act contains a combination of permanent reforms to the corporate insolvency rules and short-term governance measures to deal with the fall-out from the Coronavirus crisis.
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£84 billion of R&D tax credits unclaimed – Could you be eligible for a share of this funding?
23 July 2020
Innovative businesses, both large and small, are hungry for funding to assist them as they emerge from lockdown and begin their recovery. While the Government has offered several loans and grants to COVID-stricken businesses, there is an existing tax relief that remains largely unclaimed.
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Government confirms Job Retention Bonus of £1,000
23 July 2020
During the Summer Economic Update, the Chancellor Rishi Sunak announced his Plan for Jobs, which included a new incentive for users of the Coronavirus Job Retention Scheme (CJRS) to keep furloughed workers employed until January 2021. The Job Retention Bonus (JRB) will encourage employers to bring back furloughed employees...
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Case Studies
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Customer care is top of the list for packaging business
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A taste for growth, a thirst for knowledge
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A shared passion for architecture and a head for numbers
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Child's play with proactive accounts management
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Cut above the rest in personal management style
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A modern approach required for music moguls
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Smiles all round for dental practice
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Taxing demands with old school charm
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Sometimes a business does exactly as it says on the tin