09/Apr/2020Increase In Working Tax Credits
The government has announced that Working Tax Credits payments will be increased from 6 April 2020. As part of a number of measures to support the country during the COVID-19 […]
09/Apr/2020Updated Guidance For Businesses
Support for nursery businesses that pay business rates (England) The Government is introducing a business rates holiday for nurseries in England for the 2020 to 2021 tax year. Nurseries are […]
09/Apr/2020Government To Provide Cash Grants For Frontline Charities
Charities across the UK will receive a £750 million package of support to ensure they can continue their vital work during the coronavirus outbreak, tens of thousands of charities will […]
09/Apr/2020Cocooning A Business
The purpose of this guidance is to give an overview of what, why and how a business might be cocooned (or mothballed) in response to the change in the trading […]
08/Apr/2020Prepare Accounts Quickly
As most self-employed readers will be aware, Self-Assessment tax and NIC payments on account are based on profits earned in the previous tax year and balancing payments due are not
08/Apr/2020What is solvency?
During periods when demand for your goods and services drop – for example, if your business has been closed down or adversely affected by the recent COVID-19 outbreak –
08/Apr/2020CJRS – how to treat employees
The Coronavirus Job Retention Scheme (CJRS) allows UK employers to access government support to help retain staff that they would otherwise may have considered laying-off, reducing
08/Apr/2020National Minimum Wage and training time
An interesting quirk of the Coronavirus Job Retention Scheme is that furloughed workers are not entitled to the minimum wage. HMRC's guidance categorically states that
08/Apr/2020Coronavirus Statutory Sick Pay Rebate Scheme
Small-and medium-sized businesses and employers can reclaim Statutory Sick Pay (SSP) paid for sickness absence due to COVID-19. You are eligible for the scheme if your business is
08/Apr/2020Tax relief for working from home
If your employer has requested that you work from home you can claim tax relief for some of the bills you pay that are related to your work. These tax reliefs have always been
08/Apr/2020Commercial tenants protected from evictions
The government has confirmed that there will be an eviction freeze for commercial tenants who miss rent payments as a result of the Coronavirus crisis. The protection for
08/Apr/2020Coronavirus Large Business Interruption Loan Scheme
The Coronavirus Large Business Interruption Loan Scheme (CLBILS) will be made available to enable banks to make loans of up to £25m (the present limit for the smaller scheme




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