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CoronaVirus

Financial Support in Lockdown 3

5th January 2021 | Written by In Accountancy | Categories : CoronaVirus, Small Business Advice, Team News
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Financial Support in Lockdown 3

Well here we go again… Lockdown 3. I’ve had a lot of you asking already today about grants and support available for your business. There is only a small amount of detail out at the moment, so I’ll summarise this
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Tax relief for working at home

25th November 2020 | Written by In Accountancy | Categories : CoronaVirus, Limited Companies, News, Personal Tax, Small Business Advice, Sole Traders, Tax Advice
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Tax relief for working at home

HMRC has received more than 54,800 claims from taxpayers using a new online portal which allows workers to claim tax relief for working at home. From 6 April 2020, employers have been able to pay employees up to £6 a
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Separation, divorce and tax…

24th November 2020 | Written by In Accountancy | Categories : CoronaVirus, News, Personal Tax, Small Business Advice, Tax Advice
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Separation, divorce and tax…

2020 has as we all know been one hell of a year. But it’s not just people’s physical and mental health, our NHS, jobs, businesses and finances which have been impacted.  Relationships and families have been hard hit, having been
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Chancellor approves grants for businesses closed by lockdown

21st November 2020 | Written by In Accountancy | Categories : CoronaVirus, Limited Companies, News, Small Business Advice, Sole Traders
Tagged in: GRANTS,
Chancellor approves grants for businesses closed by lockdown

Chancellor Rishi Sunak has announced approved additional funding for cash grants to support businesses required to close in England due to the lockdown. Those businesses affected will be eligible for the following: For properties with a rateable value of £15,000
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Increased support made available for the self-employed

19th November 2020 | Written by In Accountancy | Categories : CoronaVirus, News, Personal Tax, Small Business Advice, Sole Traders
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Increased support made available for the self-employed

The government has increased the support available to self-employed workers and extended its emergency business loan schemes as the UK heads for a second national lockdown. On 5 November Rishi Sunak announced an increase  in the level of the third
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Furlough Scheme Extended

17th November 2020 | Written by In Accountancy | Categories : CoronaVirus
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Furlough Scheme Extended

On 5 November, Chancellor Rishi Sunak announced that as part of the new national lockdown the Coronavirus Job Retention Scheme (CJRS), has been extended until the end of March 2021. This announcement updates the Prime Minister’s previous announcement on 31
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Stockport, Trafford and Cheshire East Local and National Support Grants

9th November 2020 | Written by In Accountancy | Categories : CoronaVirus, Limited Companies, News, Small Business Advice, Sole Traders
Stockport, Trafford and Cheshire East Local and National Support Grants

Applications for local and national support grants are now open for Stockport and Trafford based businesses who were forced to close due to the Tier 3 restrictions which came into force prior to the current National lockdown. For the detailed
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Furlough and SEISS – more changes announced

5th November 2020 | Written by In Accountancy | Categories : CoronaVirus, Limited Companies, Small Business Advice, Sole Traders
Tagged in: Furlough, SEISS,
Furlough and SEISS – more changes announced

Did I predict there might be more changes afoot? Well I think I did, but quite honestly I didn’t expect them quite so quickly!! In this roller-coaster world of lockdowns, furloughs and coronavirus, there have been more amendments and announcements
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Furlough scheme extension and other support

2nd November 2020 | Written by In Accountancy | Categories : CoronaVirus, Limited Companies, News, Small Business Advice
Tagged in: Furlough, JRS, JSS,
Furlough scheme extension and other support

The furlough scheme as we know it which was due to end on 31 October has been extended until at least the end of November. This means that the new Job Support Scheme (JSS) will now not come into force
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Extended Winter Support Scheme

23rd October 2020 | Written by In Accountancy | Categories : CoronaVirus, Limited Companies, News, Small Business Advice, Sole Traders
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Extended Winter Support Scheme

The Winter Support Scheme has been extended, with the government pledging more support to those businesses and individuals hardest hit by the coronavirus pandemic, falling demand and restrictions to trade. There are three areas of focus to the financial support
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Changes to the Bounce Back Loan and Coronavirus Business Interruption Loan Schemes

18th October 2020 | Written by In Accountancy | Categories : CoronaVirus, News
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Changes to the Bounce Back Loan and Coronavirus Business Interruption Loan Schemes

The Bounce Back Loan Scheme (BBLS) has provided support to many UK-based small businesses. Loans are between £2,000 and £50,000, capped at 25% of turnover, with a 100% government guarantee to the lender. The borrower does not have to make
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Furlough Fraud – act now

14th October 2020 | Written by In Accountancy | Categories : CoronaVirus, Pensions and Payroll, Small Business Advice
Furlough Fraud – act now

Furlough Fraud – time is running out for firms to disclose any incorrect furlough claims, even when these have been made accidentally. The 90 day amnesty period for any claims made before 22 July 2020 comes to an end on
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