Additional business grants – Retail, Hospitality & Leisure As we begin the third national lockdown in the last 12 months, the chancellor has announced a new support package for affected businesses. This particular grant scheme targets UK businesses in the retail, hospitality and leisure sectors. Value of the grant The grant will be awarded as…
Changes to the way VAT works came in to play on 1 January 2021 when the Brexit transition period ended. Whilst there have been minimal changes to VAT treatment on UK domestic transactions, there have been a number of differences to VAT treatment on international transactions. Importing goods from the EU The rules that currently…
In what has been a turbulent year for businesses across the UK, we are delighted to be able to announce the opening of our third office, just two years after opening our Exeter-based site. The new office is located near Axminster and functions as a new home for our payroll operations. Misty Nickells, who only…
The chancellor Rishi Sunak has given a statement that he hopes “will give people up and down the country immense comfort over what will be a difficult winter”, by further extending the CJRS and SEISS schemes. The government had been due to finalise the furlough scheme at the end of October, but a series of…
With a second national lockdown commencing on Thursday 5th November, the chancellor Rishi Sunak has announced an extension to the Coronavirus Job Retention Scheme (CJRS). The scheme will now run until December when it is replaced by the Job Support Scheme. Eligibility – CJRS Version 3 Unlike the second iteration of the CJRS, all employers…
Rishi Sunak has today announced further support for jobs and businesses over the coming months. An acknowledgement towards the frustrations of those living in areas with tighter restrictions was given, along with a reiteration that a “balanced approach” continues to be the right way forward. We highlight the principle funding changes below. Business grants extension…
Chancellor Rishi Sunak has today announced an expansion to the Job Support Scheme (JSS) that will see additional funding become available for some struggling businesses. The new measures come in response to widespread criticism that the JSS will not do enough to help businesses that are forced to shut due to covid-19 restrictions. When the…
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Everyone has been impacted by coronavirus in one way or another, but we may not understand the full extent of the economical and sociological damage for some time. The adverse effects of COVID-19 have been plain to see since lockdown officially started in the UK in March, and it came as no surprise to read…
Additional funding has been announced as part of the Kickstart scheme to help businesses recover from the adverse effects of coronavirus. Funding of between £1,000 – £3,000 will become available at the end of August for specialist professional advice covering HR, financial (including accountancy), IT, digital and consultancy sectors. The grant could also be spent…