by support | Apr 1, 2020 | Analysis, Information, Legislation
Background The Government is bringing in a scheme for help with payments to employees who are furloughed as a result of the Coronavirus outbreak. Furloughed means, sent home with no work. For your employees who agree to be furloughed, the Government has committed to...
by support | Mar 30, 2020 | Analysis, Information, Legislation, Tax
Self-employment income support scheme This is meant to cover people whose main income is self-employment, including partners in partnerships. The Government has promised that, if you appear to qualify, HMRC should get in touch with you during June 2020. Please beware...
by support | Mar 20, 2020 | Analysis, Information, Legislation
The government have announced a business rates holiday for business ratepayers in the hotel, tourism and leisure businesses. Business ratepayers in all business sectors who qualify for full business rates relief will also be given a grant by their local...
by support | Mar 19, 2020 | Analysis, Information, Legislation, Tax, VAT
The current health situation 14 days of Statutory Sick Pay per employee to be met by the Government in full. Business properties with rateable value less than £51,000 will pay no Business Rates. The amount of the Cash Grant that was going to be £3,000 to certain Small...
by support | Mar 17, 2020 | Analysis, Information, Legislation, Tax, VAT
During the Great Depression, President Franklin D. Roosevelt stated in his Inauguration Speech in 1933, “the only thing you have to fear is fear itself”. Fear The official response to a problem tends to bring about a situation worse than the problem. For...
by support | Mar 4, 2020 | Information, Legislation, Tax, VAT
From 1st October 2020 main Contractors will no longer pay VAT to Sub-Contractors working on projects under the CIS Scheme. Instead, the main Contractor will pay the VAT directly to H M Revenue and Customs. This applies to all building and construction contracts...
