Updated February 2021: In the light of continuing Covid19 pandemic, we wanted to highlight the precautions we are taking as a company and those we ask you take to minimise the risk to anyone coming into our offices.
Please only visit our offices if you have a pre-arranged appointment with a member of our team and only where the use of video conferencing for meetings is not practical.
Continue readingHMRC’s guidance for the CJRS is vast and somewhat confusing in parts. Usual Hours remains a headache as you can find conflicting HMRC guidance as to how the calculation works. Clarification is still needed from HMRC on “working hours” but here is a clearer picture of how to calculate variable hours employees and our practical tips to get you ready for CJRS version 2, flexible furloughing
Continue readingThe VAT payment holiday window ends on 30 June, and normal payment dates resume from 1st July. What should you do if you can’t pay the VAT due by 7th July, because of the impact of Covid-19 on your trading situation?
Continue readingThe Bounce Back Loan is designed to inject much needed cashflow to businesses to get the cogs of the economy moving again. If your limited company cannot bounce back, and has to close down, what happens? Well, usually bank borrowing is underpinned by a director’s personal guarantee which results in you having to repay the debt, when you’ve just lost your income. Ouch!
Continue readingThe phrase “the writing is on the wall” is often used by onlookers who can see what is coming before those involved can. In commerce, it is used as a warning sign that a business is failing. As a company director, how do you really know if the writing is on the wall for your business?
Continue readingQuite often we hear “I am a business owner but my company finances are not the first thing I think about when I get out of bed in the morning!” We get this! That’s why we’re here!
Continue readingCJRS has changed. CJRS now falls into two distinct parts with different rules applying. This new version of the scheme is to support the return to work while also being sufficiently flexible to adapt to business needs, as well as those of employees needing time for childcare or to look after other relatives. Here is what you need to know.
Continue readingThe Covid-19 pandemic has repercussions for every business. There are a range of support
measures available to the self-employed, and this briefing sets out guidance on some of the
many questions you are likely to have and although this is uncharted territory for everyone,
there are still basic management strategies that will help minimise risk to you and your business.
Even the best-run and longest-established.businesses across the country continue to feel the adverse effects of the coronavirus (COVID-19) lockdown, whilst the UK government announces measures to keep the economy buoyant during the pandemic, managing risk and cash flow in these uncertain times is critical.
We have produced a three-page factsheet providing information for you and your business on:
Continue readingIf your employees are working from home at the moment, they may be saving money by not commuting or buying lunches, however, they are likely to be incurring costs, such as from increased household bills. Employers can reimburse these expenses, tax free, within prescribed guidelines. Read on to learn more.
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