Tag: Furlough

  • HMRC Coronavirus Fraud

    HMRC Coronavirus Fraud

    During the Coronavirus (COVID 19) crisis, the national debt has risen significantly as the Government has had to borrow huge sums of money to protect people’s livelihoods, businesses, and health. The first national lockdown ordered by the government on 23 March 2020 plunged the country into its deepest recession for three hundred years and, while…

  • Redundancy? Or What’s the Alternative?

    Redundancy? Or What’s the Alternative?

    The impact of coronavirus continues to be substantial, with many businesses across the UK facing significant business worries and little certainty on the edge of the horizon. In such a situation, employers therefore need to consider all eventualities, including potentially making people redundant, it is the only responsible thing to do. However, the problem with…

  • Budget 2021 – How will it affect you?

    Budget 2021 – How will it affect you?

    Today Rishi Sunak, the Chancellor of the Exchequer set out the Government’s tax and spending plan for the year ahead. We cover the impact from individuals, self-employed and small company owners in detail below. We have also done a quick summary, in case this is easier for you to digest. This is based on what…

  • Budget 2021 – Quick Summary

    Budget 2021 – Quick Summary

    With the economy shrinking by 10% in 2020 with it forecast to rebound in 2021 by 4% and 7% in 2022. 700,000 people have lost their jobs during the pandemic, despite all the Coronavirus Support Schemes and unemployment is expected to hit 7.3% next year, although this is significantly less than the previous 11.9% predicted.…

  • Newsflash – 6 November 2020

    Newsflash – 6 November 2020

    Following further announcements on 5 November, we wanted to provide a newsflash so you are aware of the latest support available.

  • Newsflash – 3 November 2020

    Newsflash – 3 November 2020

    Following further announcements on 2 November, we wanted to provide a newsflash so you are aware of the latest support available.

  • Coronavirus Support Update – 2 November 2020

    Coronavirus Support Update – 2 November 2020

    Given the news over the weekend, we wanted to give you an update on the latest Coronavirus Support Schemes. Whilst these were initial announcements rushed out, due to a leak in the news of a second full lockdown, we would expect more guidance and/or support to follow this or next week. We will of course…

  • Coronavirus Support Update – 24 September 2020

    Coronavirus Support Update – 24 September 2020

    We wanted to give you an update following the Chancellor’s announcements today, to support workers and businesses, after further lockdown measures were rolled out earlier this week. Whilst, as always with Government announcements, the devil is in the details and this will only emerge once the dust settles, we wanted to share the headlines with…

  • Coronavirus Support Update – 28 August 2020

    Coronavirus Support Update – 28 August 2020

    Please find below updates on Making Tax Digital (yes that beast has reared its ugly head again), Coronavirus Support Schemes as well as other information you might find useful. Our offices have been open for nearly two months now, so we are happy to meet face-to-face if you are comfortable to do so. The office…