Do you have the skills required to become one of the country’s leading professional service providers? If the answer is “Yes” and you would like to join a leading professional firm of Chartered Accountants and Business Advisers here in North…
Grants for businesses during lockdown 3
The government announced one-off top up grants worth up to £9,000 for businesses in retail, hospitality and leisure. How does the grant work £4,000 for businesses with a rateable value of £15,000 or under £6,000 for businesses with a rateable…
Spread at least a little Christmas cheer?
Whilst the traditional office Christmas party is an unlikely occurrence this year, there is still a way to provide some Christmas cheer in a tax efficient manner – by making use of the “trivial benefits” exemption. Provided the cost is…
Third self employment income support scheme grant
The third grant for the self employment income support scheme will be available to claim from 30 November 2020, and must be claimed on or before 29 January 2021. To make a claim for the third grant your business must…
Coronavirus Job Retention Scheme (CJRS) extended to March 2021
Coronavirus job retention scheme has been extended to the end of March 2021 to help businesses through the winter. For claims between 1 November 2020 and 31 January 2021 employers will be able to claim a grant for 80% of…
Self Employment Income Support Scheme (SEISS) extended
The SEISS grant for the self employed extension will consist of two further grants, each available for 3 month periods covering November 2020 to January 2021 and February 2021 to April 2021. The government will provide a taxable grant calculated…
Coronavirus Job Retention Scheme (CJRS) extended
It was announced on 31 October that we will be going into another lockdown in England from Thursday 5 November, because of this the Coronavirus Job Retention Scheme (furlough) will now remain open until the beginning of December with employees…
Job Support Scheme changes
The Chancellor announced changes to the Job Support Scheme (JSS) on 22 October 2020. In North Devon/Torridge we are currently a tier one area, the significant change to the JSS for this tier is: The employee will need to work…
Job retention bonus
The job retention bonus is a £1,000 one-off taxable payment made to the employer, for each eligible employee that you furloughed and kept continuously employed until 31 January 2021. You do not have to pay this money to your employee….
