How changes to the Coronavirus Job Retention Scheme on 1 September impact you
Following article is about changes to the Coronavirus Job Retention Scheme (CJRS) from 1 September and what this means for you. What you need to do from 1 September From 1 September CJRS will pay 70% of usual wages up to a cap of £2,187.50 per month for the hours furloughed employees do not work. You will still […]
UK Government announced new grant to boost recovery of SMEs
Following the announcement on 30th July, thousands of smaller businesses in England are set to benefit from £20 million of new government funding to help them recover from the effects of the coronavirus pandemic, the Minister for Regional Growth and Local Government has today (30 July 2020) announced. Small and medium sized businesses will have […]
Register your establishment for the Eat Out to Help Out Scheme
Contents Who can register What you’ll need Register What happens next Making a claim Other help you can get Contact HMRC You can use the Eat Out to Help Out Scheme to offer a discount to diners and encourage them to eat at your restaurant. You can use the Eat Out to Help Out Scheme: […]
Summary of key announcements from Finance Bill 2020-21
Tax credits deadline: customers at risk of losing out Tax credits customers have until 31 July 2020 to tell us about changes to their circumstances or income. Customers whose circumstances have changed in the last year or who have received a letter to reconfirm their income details must contact HMRC. Failure to correct their details […]
Self Employed Business Expenses: What Can I Claim?
All self employed businesses are required to complete a self-assessment tax return (SA100). Therefore, it is important to know which business expenses can be claimed against the income of the business to calculate the taxable profit. There are allowable expenses which can be included in the tax calculation but there are other expenses which cannot […]