Latest News

Keep up to date with our newsletter here

25 March 2020

HMRC has announced that taxpayers still using paper returns will no longer routinely do so. This is part of the efforts to encourage the use of online services and reduce the unnecessary use of paper.

Last year, HMRC automatically sent out more than 500,000 blank paper tax returns, while more than 10.4 million taxpayers filed their returns online. This means that approximately 6% of...

25 March 2020

In a joint statement from the BBC and the Department for Digital, Culture, Media & Sport it has been announced that the changes introducing television licence charges for the over-75s has been delayed. These changes had been due to come into effect from 1 June 2020 but have now been delayed until at least 1 August 2020 due to COVID-19.

Sir David Clementi, Chairman of the BBC, said...

25 March 2020

The government has announced a number of funding and support measures to help those affected by the COVID-19 virus outbreak. A significant number of the measures are designed to help provide financial support at this most difficult time.

One of the main measures announced relates to the provision of sick pay. You are entitled to receive £94.25 per week Statutory Sick Pay (SSP) if you’re...

25 March 2020

The decision of the Chancellor, Rishi Sunak to increase the tapered annual allowance thresholds in the Budget earlier this month will have been welcomed by many high earners. From 6 April 2020, the tapered annual allowance will increase from £150,000 to £240,000. The annual allowance for tax relief on pensions will remain at £40,000 for 2020-21.

This means that anyone with income below...

25 March 2020

If you have been 'furloughed' then the new Coronavirus Job Retention Scheme may be able to help. If you are furloughed it essentially means that your employer has given you a temporary leave of absence or a type of sabbatical to help cope with the economic turmoil resulting from COVID-19. If you are on furlough, then you should be at home and not working. However, you remain technically...

25 March 2020

The current “lock-down” to slow down the Coronavirus epidemic is a sensible medical response, but a potential disaster for small businesses desperately trying to keep their businesses open and operational.

Since the 10 March, we have had a formal budget and at least two major “mini-budget” announcements bringing forward schemes to assist individuals and firms to cope with this...

25 March 2020

The government has announced that certain benefits will be increased as part of the package of measures to help households affected by COVID-19. This will see the standard rate of Universal Credit and Tax Credits increased by £20 a week (£1,040 per year) for one year from 6 April 2020.

It has earlier been announced as part of the Budget measures that the self-employed are to be provided...

25 March 2020

The launch of a new £500 million Hardship Fund in England was announced at Spring Budget 2020 by the Chancellor. On 24 March 2020, the Local Government Secretary Rt Hon Robert Jenrick MP confirmed the Hardship Fund will provide council tax relief to vulnerable people and households to help those affected most by Coronavirus.

This means that the money will go to local authorities in...

24 March 2020

The Chancellor announced at Spring Budget 2020 that a new Coronavirus Business Interruption Loan Scheme (CBILS) would be launched to help support smaller businesses, with turnover of up to £45m, across the UK.

Since that announcement, the Chancellor has added features and benefits to the scheme including increased loan support and interest free periods. It has also been confirmed by...

21 March 2020

The following guidance is reproduced from the mygov.scot website

Help with non-domestic rates in Scotland during coronavirus (COVID-19)
Last updated: 20 March 2020

To help owners of non-domestic properties, including businesses, deal with the impact of COVID-19, the...

21 March 2020

The following guidance is reproduced from the GOV.UK website

General guidance for employers

The UK Government has published extensive guidance for employers, including details on how to prevent the spread of COVID-19 and what to do if someone is suspected or confirmed to have the virus.
UK Government...

21 March 2020

The following guidance is reproduced from the businesswales.gov website

The Welsh Government has announced a package of support worth £1.4bn for small businesses to help them during the coronavirus outbreak.

Retail, leisure and hospitality businesses with a rateable value of £51,000 or less will receive 100% business rates...

21 March 2020

LV test

21 March 2020

On Friday, the Chancellor went significantly further than in the history of this great county, with a series of unprecedented announcements in the Government’s support of businesses, employees and individuals. 

The range of measures for UK businesses is significant and now includes the following:

  • a Coronavirus Job Retention Scheme
  • deferring VAT and Income Tax...
19 March 2020

Firstly, the Statutory Sick Pay (General) (Coronavirus Amendment) Regulations 2020 have amended the Statutory Sick Pay (General) Regulations 1982, to include, in the definition of persons deemed incapable of work for the purposes of SSP entitlement, those who are isolating themselves from other people in such a manner as to prevent infection or contamination with coronavirus, in accordance...

Pages

Providing the direction that leads to growth.

"We've always found them to be professional, accurate and a pleasure to deal with. "
NA Printers