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 original Budget was due to have been delivered by Sajid Javid who resigned from Government just four weeks ago.


Here are some of the key points from our detailed newsletter.

Chancellor’s Statement

Rishi Sunak set out the Government’s Plan For Jobs on 8 July 2020. It is clear the Government are keen to get the economy going again as quickly as possible and are supporting businesses and employers with targeted measures. There were several important announcements made,...
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Further support for the self employed

The Chancellor, Rishi Sunak, announced an extension to the Self Employed Income Support Scheme at the end of last week. This scheme was originally announced in March 2020 to cover the months of March, April and May and claims started from June. You can find out the details o...
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Coronavirus Job Retention Scheme (CJRS) Changes

The Chancellor, Rishi Sunak, has announced a further extension to the CJRS scheme for employers. Originally this scheme was announced back in March to cover March, April and May 2020, with an original extension to June 2020. What the Chancellor has announced is that the sch...
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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...
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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...
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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...
Read more
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...
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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...
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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...
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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...
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