In his opening statement to this year’s Budget, the Chancellor, Rishi Sunak has admitted that the pandemic has done permanent damage to our economy. Support to millions was essential. As a result, however, the borrowing hiked up and it can
More support..
Following the announcement of the new National lockdown for England (4th of January 2021), and the start of the roll-out of the vaccine, Chancellor Rishi Sunak has unveiled a new £4.6 bn package of help and support. As he said,
Furlough now extended – the latest update
The government has now extended support through Furlough to millions to March 2021. Businesses and self employed welcomed the move but how will this affect them? As a result, 80% of all employed, will be paid by the taxpayer. All
Winter Plan
New Job Support Scheme to ease anxieties surrounding the termination of the ‘furlough scheme’ September 24th: Chancellor Rishi Sunak announces a New Job Support Scheme starting in November, which is to last for six months. It replaces the ‘furlough scheme’
Budget 2020 and support to millions affected by COVID-19
Budget 2020 was dominated by measures aiming to protect individuals and businesses from the devastating effects of Coronavirus. Chancellor of the Exchequer, Rishi Sunak acknowledged that the virus posed a challenge and a threat of recession to our
Self-employment? -What options are there?
Self-employment and its rapid growth in recent years, call us to consider the consequences of so-called “freedom” that came to now almost 5 million in the UK, as per Office of National Statistics. This is a particularly important subject for
HMRC support is always available
Employers! remember to verify with HMRC if your employees’ tax codes need changing before the first Payroll run after 5th of April 2019. You can access help and support as well as additional information on Making Tax Digital for Business,
Making Tax Digital for Business
HMRC VAT Notice 700/22, published 13 July 2018, provides detailed information about the changes in VAT from April this year, which amend the VAT Regulations 1995. What is changing?Application of MTD compatible software to Keep digital records prepare the VAT
Budget 2018 UK
Budget 2018 has been announced and it is today under intense scrutiny after government has offered tax cuts and extra cash for public services. Philip Hammond opened his speech by announcing the Budget that paves a way for bright future
Too late for many… Disabled People on Benefits
‘Too late for many’ – that’s how Labour MP Frank Field, the Chair of the Work and Pensions Select Committee, described the governments’ decision to pay back the money owed in Benefits to the Disabled People. The government says that