by Mo Barrie | Nov 25, 2020 | Accountancy
Everybody is fully aware that an accountant can play a key role in ensuring that your taxes get filed on time, meaning you’ll never end up with a pesky fine. However, far from simply being there to balance the books, accountants are capable of doing much more. So,... 
by Mo Barrie | Nov 14, 2020 | Accountancy
The Government launched four temporary Government-backed schemes to provide finance to businesses struggling as a result of the COVID-19 pandemic: the Bounce Back Loan Scheme (BBLS); the Coronavirus Business Interruption Loan Scheme (CBILS); the Coronavirus... 
by Mo Barrie | Aug 8, 2020 | Accountancy
New rules for claims under the CJRS The second and final phase of the Coronavirus Job Retention Scheme (CJRS) runs from 1 July 2020 to 31 October 2020. During this phase, furloughed workers may return to work part-time under the flexible furloughing provisions. New... 
by Mo Barrie | Aug 8, 2020 | Accountancy
To support businesses and jobs in the hospitality sector, the reduced (5%) rate of VAT applies to supplies of food and non-alcoholic drinks from restaurants, pubs, bars, cafés and similar establishment across the UK for a temporary period from 15 July 2020 to 12... 
by Mo Barrie | Jul 6, 2020 | Accountancy, Business Growth
Changes to trading activities as a result of COVID-19 The COVID-19 pandemic and restrictions on trade have led many businesses to change what they do in a bid to survive. An example of this is the village pub opening instead as a local shop selling food and other... 
by Mo Barrie | Jul 6, 2020 | Accountancy
The Self-Employment Income Support Scheme (SEISS) has been extended. Eligible self-employed taxpayers will be able to claim a second, and final, grant under the scheme in August. Eligibility The eligibility criteria for the second grant are the same as the first. To...