Support for the self employed
March 27, 2020
Announcement
Chancellor Rishi Sunak finally announced some support for the self employed in his 5pm briefing on 26 March 2020.
This was welcome news because so far little support had been announced for the self employed other than a deferral of the tax payment due on 31 July 2020 to...
Coronavirus support
March 23, 2020
Since the Budget on 11 March the Government has announced a raft of support for businesses during these unprecedented times.
We have sent various emails about this over the past few days but I am pleased to say that the government have now published a specific website with a...
Spring Budget 2020
March 12, 2020
Spring Budget 2020
“Getting it done” was the constant refrain of Chancellor Rishi Sunak during his first Budget, delivered on 11 March 2020. An ironic phrase given this budget was originally scheduled for November 2019. The original Budget being delayed by the election. Of course, that ori...
Company cars - Electric vehicle opportunity
February 20, 2020
Our general advice on company cars has been to avoid them. When you are the owner/manager of a business the personal tax and National Insurance costs far outweigh any benefit and it made no financial sense to have a company car.
Well that advice is changing, but only if...
Training video - Receipt Bank and Xero
January 24, 2020
Training
For a number of months our clients have been asking us to produce a training video on how to use Xero and Receipt Bank.Both of these pieces of software have fabulous training videos of their own. Indeed you can find the links to Xero training here on our website and Rec...
Furloughed workers
March 31, 2020
A number of employers have contacted us asking what to say to employees that they wish to Furlough under the new scheme.
We have been struggling for a specific answer because this is completely new employment law being made up in a rush by the Government.
Our professional as...
Coronavirus Business Interruption Loan scheme
March 25, 2020
Coronavirus Business Interruption Loan (CBIL)
We had the opportunity today to listen to a webinar given by Piers Linney, formerly of Dragons Den fame who is also a non-executive director of the British Business Bank.
This has been highly intuitive as unlike the famous Ronseal advert from years ago, this loan offering wi...
VAT payment deferment
March 25, 2020
The chancellor recently announced fantastic support to VAT registered business with the deferment of paying VAT. To be clear this does not not change the charging of VAT on sales invoices, the claiming on purchases or the filing of the VAT return. This scheme has no impact o...
Autumn Budget 2018
October 30, 2018
Philip Hammond delivered his 3rd Budget as Chancellor on 29 October 2018. The Government have clearly decided to loosen the purse strings a little and the commitment to bring the Government finances back in to surplus has been delayed until at least 2025. Growth forecasts of...
The Autumn Budget 2017
November 24, 2017
Philip Hammond gave his 2nd Budget as Chancellor on 22 November 2017. The Government’s original targets have been shredded and it is expected that the books will now not come in to Annual Balance until the mid 2020’s.
The Chancellor did announce some big spending plans s...
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