Blog

What happens after the Furlough Scheme ends?

Oct 8, 2020

The Furlough Scheme (CJRS) will end as planned on 31st October. This will be replaced by the Job Support Scheme, which is a lot less generous but will still help employers to keep their staff employed. All employers with 250 or less employees or larger employers who...

Taxes to consider when moving home

Oct 7, 2020

It goes without saying that the Stamp Duty Land Tax holiday announced in July 2020 has certainly fuelled the UK property market for homeowners and property investors alike. Be mindful that if you are disposing of a property that has not always been your home, an...

Get on top of your 2020 Tax Return

Sep 17, 2020

With everything that has been going on out there, it could be very easy to forget about the completion of your 2019/20 Tax Return. If, in the period 6 April 2019 to 5 April 2020, you have Received income from property such as a furnished holiday property or a buy to...

Changes to employer coronavirus furlough claims

Sep 16, 2020

As of 1st September the government has enforced a new ruling in relation to application of furlough claims. In general, employers will still need to provide the employee with the minimum 80% of their specified salary be it on Full or Flexible Furlough conditions....

Did you receive the Self Employed Income Support Grant in error?

Sep 14, 2020

Have you received a The Self-Employed Income Support Scheme (SEISS) grant knowing that you were not entitled to receive it? If you have, notify HMRC by 20 October 2020 at the earliest to avoid having to pay back double the amount you have received! Many business...

Staff Summer Social

Sep 3, 2020

Last Friday, we had our annual staff summer social (following all the Government guidelines) and enjoyed a delicious afternoon tea, beautifully prepared by Barleycorn Mildenhall, and a much needed catch up with colleagues. Our afternoon started outside with the sun...

New Reverse Charge VAT rules for the Construction Industry effective March 2021

Aug 24, 2020

Delayed again. The Government have announced that the new reverse charge VAT rules for the construction industry will now take effect on 1 March 2021. The reverse charge rule effects the way in which VAT is collected. Instead of charging VAT on sales invoices and...

Eat Out to Help Out scheme guidance for eligible businesses

Aug 18, 2020

Many more customers are returning to restaurants to take advantage of the Governments 'Eat Out to Help Out Scheme'.If you have registered for the 'Eat Out to Help Out' scheme, we have put together some useful information below to make sure your business follows the...

Coronavirus – Have you been working from home?

Aug 17, 2020

Since Mid-March 2020, working from home has become the new norm for some employees. As a result, utility bills have increased and you may havehad to purchaseadditional office equipment. If your employer is insisting on you working from home to keep everyone safe...