News
Deferring your VAT payment
30 April 2020
Find out more about deferring your VAT payments here.
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Bounce Back Loans scheme for small businesses
29 April 2020
The Chancellor has announced a new loans measure, known as the Bounce Back Loans Scheme (BBLS), which will allow small businesses to borrow up to 25 per cent of their turnover, up to a maximum of £50,000. The BBLS will be 100% backed by a Government guarantee, unlike the Coronavirus Business Interruption Loan scheme (CBILS) and...
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Businesses bombarded by cyber-attacks as they seek support for COVID-19
27 April 2020
A range of organisations, including the Institute of Chartered Accountants in England and Wales (ICAEW), have released fresh warnings about the risk of cyber-attacks during this already challenging period. Reports are being released that suggest that cybercriminals are targeting businesses via the use of phishing emails that seem...
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Child Benefit and the High-Income Child Benefit Charge during the coronavirus outbreak
27 April 2020
The impact of the coronavirus outbreak on incomes in the most affected sectors has the potential to have a knock-on effecton eligibility for Child Benefit and the High-Income Child Benefit Charge. The High Income Child Benefit Charge was introduced by the Government to recoup some or all of the Child Benefit received by households...
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Coronavirus Statutory Sick Pay Rebate Scheme
27 April 2020
HMRevenue &Customs (HMRC) is expected to release a new online service to help companies reclaim Statutory Sick Pay (SSP) that has been paid as a result of COVID—19. As such, it has updated its guidance on its website to help businesses prepare to reclaim SSP. The Coronavirus Statutory Sick Pay Rebate Scheme will repay employers...
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Coronavirus Customs Authorisations
27 April 2020
In response to the COVID-19 outbreak, the Government is making temporary changes to customs policy and authorisations. These amendments to existing policies are most likely to affect businesses authorised, or applying to be authorised by customs,thatuse temporary storage or customs special procedures such as inward processing...
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Are you or your team classed as essential workers?
27 April 2020
Book your free coronavirus test online. For the Government to begin the process of lifting the lockdown they need to undertake more tests to understand what proportion of the UK public is immune and to ensure those most at risk can be protected. As such, the Health Secretary Matt Hancock has announced that from 24 April 2020...
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Payment of dividends during the Coronavirus outbreak
27 April 2020
It is common for directors of limited companies, who are also shareholders, to receive much of their income in the form of dividends instead of through a salary, owing to the tax benefits this can entail. However, there are strict rules governing the circumstances in which a company may pay a dividend to its shareholders, some of which...
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Certain sectors see access to the Coronavirus Job Retention Scheme restricted
27 April 2020
Some sectors that receive payments from the Government as well as from private sources have seen their access to the Coronavirus Job Retention Scheme (CJRS) restricted. The CJRS allows employers to retain employees on the PAYE Payroll who are not carrying out work for them by placing them on furlough and to claim a grant of 80 per cent...
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Are you eligible for the Self-Employment Income Support Scheme (SEISS)?
23 April 2020
Find out if you are eligible and how to obtain the taxable grant worth 80 per cent of your taxable trading profits. Click here to download our PDF guidance.
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Case Studies
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A shared passion for architecture and a head for numbers
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A taste for growth, a thirst for knowledge
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A modern approach required for music moguls
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Cut above the rest in personal management style
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Child's play with proactive accounts management
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Smiles all round for dental practice
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Customer care is top of the list for packaging business
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Sometimes a business does exactly as it says on the tin
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Taxing demands with old school charm