Introduction We have summarised the key rates and allowances which are fundamental to our business and personal lives. We are sure that you will find them a useful point of reference and have set out below a few examples of how they can be used. Personal tax rates As...
Budget 2021 The Chancellor Rishi Sunak presented his second Budget on Wednesday 3 March 2021. In his speech, he stated his Budget ‘meets the moment with a three-part plan to protect the jobs and livelihoods of the British people’. Main Budget proposals Tax...
Basic Cash Flow Management Tips This article serves as an introduction to the fundamentals of cash flow management. If you need help with anything concerning cash flow or anything else, then please do get in touch. What is cash flow? Cash flow is typically...
Government announce scheme worth £1.25bn to help start-ups This new scheme is for start-up businesses that do not qualify for any of the other COVID-19 business support schemes. Chancellor Rishi Sunak said this would help start-ups through this difficult period plus...
How to apply for a furlough grant The application webpage for the government job retention scheme is expected to go live on 20 April with grants being subsequently paid from 30 April. Authorised agents who act for PAYE purposes should be able to make claims on behalf...
Tough times ahead for UK Economy The Office for Budget Responsibility (OBR) have said that the economy could decrease by as much as 35% by June. It is important to say that this is only one possible scenario. The figures from the OBR show the scale of the impact that...
