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Coronavirus Job Retention Scheme Update
Coronavirus Job Retention Scheme Update

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 says Chancellor
Tough times ahead for UK economy says Chancellor

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...

Immediate relief for households and business owners
Immediate relief for households and business owners

Government announce immediate relief on council tax and business rates for people affected by flooding The government has announced that both household and business owners significantly affected by recent flooding will have immediate relief on their council tax and...

Pound Drops Below $1.30 as June Retail Sales Fall
Pound Drops Below $1.30 as June Retail Sales Fall

Pound drops below $1.30 as June Retail Sales Fall There has been a surprising fall in the pound after a decrease in retail sales in June. Although the Office for National Statistics expected there to be a 0.2% rise in sales after May, it was reported that sales fell...

National living wage – rising wage costs for employers
National living wage – rising wage costs for employers

The National Living Wage From 1 April 2016, following the introduction of the new National Living Wage, all workers aged 25 and over are legally entitled to at least £7.20 per hour. This was, however, until the Chancellor delivered his Autumn Statement, where he...

Challenges for UK small businesses in 2016
Challenges for UK small businesses in 2016

Challenges for UK small businesses in 2016 Starting up and running a small business is a challenging process and there are many aspects an owner must consider. There are a number of challenges facing UK small business owners and it is essential owners understand the...

Company car tax: is it still a tax efficient option?
Company car tax: is it still a tax efficient option?

Company car tax: is a company car still a tax efficient option? Company car tax efficiency is at the forefront of many business owners and employees’ minds and, whether you’re thinking of purchasing your first company car or upgrading an old one, it is important to...

Changes to business rates announced in the 2016 Budget
Changes to business rates announced in the 2016 Budget

The Chancellor recently announced a number of positive measures to reform business rates in the UK: Firstly, business rates have been devolved to Scotland, Northern Ireland and Wales. Secondly, there will be cuts on business rates for approximately half of all...

Coronavirus Job Retention Scheme Update
Coronavirus Job Retention Scheme Update

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 says Chancellor
Tough times ahead for UK economy says Chancellor

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...