The coronavirus pandemic has taken a toll not only on world health but on businesses as well. The government with the introduction of the Coronavirus Job Retention Scheme(CJRS) earlier this year in March managed to save many employers from engagin...
August 06, 2020
When Rishi Sunak the Chancellor first talked about the £3 billion package that tended towards green investments, things looked surreal. Considering the scenario at present and the hit businesses are having due to the pandemic, the then promi...
August 05, 2020
As a business owner you have to be very careful while selecting an accountant. If you have the right person looking after your business accounts, only then you can expect right advice whenever the need arises to decide the financial productivity o...
July 11, 2020
When furlough started earlier this year in March it is doubtful that employers expected it to run this long. However, no one can deny that it has been a welcome relief especially for employees who feared instant dismissals. Unfortunately, since fo...
June 19, 2020
Undoubtedly, most of the businesses are dealing with great difficulties due to the COVID19 pandemic. Therefore, to help the companies to cope with this period of financial disruption, on 20 April, the Chancellor announced the Future Fund Scheme. V...
June 18, 2020
In March 2020 the UK government announced the COVID-19 Statutory Sick Pay (SSP) Rebate Scheme to support the small and medium-sized businesses affected by the COVID-19 pandemic. Under this scheme, small and medium-sized employers, with fewer than ...
June 02, 2020
The British Chancellor Mr. Rishi Sunak announced temporary VAT payments deferral measures on 20th March 2020 to support businesses with cash-flow problems during the COVID-19 pandemic. It effectively means that all the UK VAT registered businesses...
May 19, 2020
The Coronavirus Job Retention Scheme and furlough apparently are here to stay. Furlough has been extended for another 4 months. Furlough was started as a temporary scheme from 1st March 2020 and now it has been extended to October 2020 at present....
May 18, 2020
Businesses are facing hard-hitting troubles due to the global outbreak of COVID-19 pandemic. Many small business owners are considering getting grants to fund their businesses. The good news is that the government has set out tailor made measures ...
May 14, 2020
Self-employed people are an important part of UK’s workforce who have clearly been looking for encouragement and support during this national emergency.
HMRC has started contacting around 3.5m taxpayers who may be eligible for the ...
May 12, 2020