C19 BUSINESS NEWS UPDATE

We have seen a lot of business-related activity from the Government over the last couple of days and below is a summary of what has happened and where to see…

C19 BUSINESS NEWS UPDATE

In this newsletter we outline details of the Governments advice on how to treat certain expenses and benefits provided to employees during the Pandemic. We also outline support from business…

How to Create a Government Gateway Personal Tax Account

Go to                  https://www.gov.uk/personal-tax-account Click on Start Now Select the option to create a new account and click continue Click on the link below, this PDF will show you step by…

C19 BUSINESS NEWS UPDATE

SMALL BUSINESS DISCRETIONARY GRANT PAYMENTS TOP-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…

OPENING A GOVERNMENT GATEWAY ACCOUNT – SELF EMPLOYED INCOME SUPPORT (SEIS) UNDER THE CORONAVIRUS SCHEME

HMRC have issued some more details relating to the claims for the Self-Employed Income Support. The latest guidance was issued on 1 May. Details are in the link highlighted below.…

HMRC RELEASE DETAILS OF SEISS SCHEME

HMRC update their Guidance on the SEISS scheme. See: https://www.gov.uk/guidance/claim-a-grant-through-the-coronavirus-covid-19-self-employment-income-support-scheme The following text is extracted from HMRC website: Who can claim? You can claim if you are a self-employed individual…

COVID 19 BUSINESS NEWS UPDATE

FINANCIAL SUPPORT FOR BUSINESSES DURING CORONAVIRUS (COVID-19) The Government has updated its page on financial support for businesses. No details regarding the operation of Business Bounce back loan scheme are…

UK Government postpones changes to IR35 tax rules

Steve Barclay, chief secretary to the Treasury, said the deferral of changes to off-payroll working rules would help businesses and individuals left struggling by the Covid-19 outbreak. The rules, called…

How Making Tax Digital (MTD) will impact your business

Are you aware of how Making Tax Digital (MTD) will impact your business? With filing restrictions coming into play 1st April 2019, many clients are still not aware of the full…

What is R&D Tax Relief?

If you are a company undertaking Research and Development activities, you may be able to benefit from R&D tax relief! R&D Relief is a Corporation Tax relief that can either…