May 3Changing Business Energy Suppliers — The BenefitsChanging business energy suppliers is not often at the top of to-do lists. However, business energy costs are overheads all businesses can do with reducing. Companies quickly have to adapt to the changing business environment in the current economic climate by keeping business costs down. The price of natural gas…Business Energy4 min read
Jun 29, 2020Tax-Efficient Savings UpdateAs the new tax year progresses, now is a good time review some of the tax-efficient savings incentives available which may help maximise potential returns. Help-To-Save The Help-to-Save scheme offers working people on low incomes a 50% bonus, rewarding savers with 50p for every £1 saved. Over four years, a maximum…Tax Saving3 min read
Jun 26, 2020CHANGES TO THE CORONAVIRUS JOB RETENTION SCHEMEThis guidance page was updated on 12 June to include details on how the scheme will change from 1 July. The first time you will be able to make claims for days in July will be 1 July, you cannot claim for periods in July before this point. …Job Retention Scheme12 min read
May 27, 2020Making Tax Digital For VAT: Second Phase DelayedHMRC have announced the postponement of phase two of their Making Tax Digital (MTD) for VAT project. This ‘phase two’ required businesses to digitally link their software all the way from entry of each transaction at one end of the process through to submission of the VAT return at the…Accounting2 min read
May 21, 2020Construction Industry Scheme: Top TipsThe start of the new tax year often marks the beginning of an extremely busy time for those using the construction industry scheme (CIS). HMRC have issued a reminder of some of the help that is currently available to help ease the workload. …Construction2 min read
May 15, 2020Housing Secretary Statement On CoronaVirus (Covid-19)Housing Secretary Statement On CoronaVirus (Covid-19)The Housing Secretary on the government’s response to COVID-19 and the plan to safely restart, reopen and renew the housing market. When the lockdown was announced in March, we changed the rules so that people could only move home if they thought it was “reasonably necessary”. That meant that more…Housing4 min read
May 13, 2020Chancellor Extends Furlough Scheme Until OctoberThe government’s Coronavirus Job Retention Scheme will remain open until the end of October, The key points announced by Chancellor Rishi Sunak are: Coronavirus Job Retention Scheme will continue until the end of October furloughed workers across the UK will continue to receive 80% of their current salary, up to…Furlough4 min read
May 5, 2020SMALL BUSINESS DISCRETIONARY GRANT PAYMENTSTOP-UP TO LOCAL BUSINESS GRANT FUNDS SCHEME The Government has announced a discretionary fund has been set up to accommodate certain small businesses previously outside the scope of the business grant funds scheme. The Business Secretary Alok Sharma and Minister for Regional Growth and Local Government, Simon Clarke spoke to local authorities in England yesterday to set…Small Business11 min read
May 4, 2020Coronavirus (COVID-19) UpdateThe Coronavirus (COVID-19) outbreak has brought an unprecedented array of challenges for businesses and their agents. Information is changing on an almost daily basis, making it difficult to keep up-to-date with business support measures and where to find the necessary guidance. The first port of call for Covid-19 guidance for…Business Update5 min read
May 4, 2020COVID-19: Support For BusinessesThe Chancellor has set out a package of temporary, timely and targeted measures to support public services, people and businesses through this period of disruption caused by COVID-19. This includes a package of measures to support businesses including: a Coronavirus Job Retention Scheme deferring VAT and Income Tax payments a…Business Support9 min read
