News and Updates
Upcoming changes in the law that your company needs to be aware of in 2020
Holiday pay reference period adjustment As of 6 April 2020, the holiday pay reference period will increase from 12 weeks to 52 weeks. This ensures workers in seasonal work or with abnormal working hours, receive the paid holiday to which they are entitled. Under the...
Support for businesses through the Coronavirus Job Retention Scheme
Under the Coronavirus Job Retention Scheme, all UK employers will be able to access support to continue paying part of their employees’ salary for those employees that would otherwise have been laid off during this crisis. All UK businesses are eligible. You will need...
Support for businesses through the Coronavirus Business Interruption Loan Scheme
A new temporary Coronavirus Business Interruption Loan Scheme, delivered by the British Business Bank, will launch early next week to support primarily small and medium-sized businesses to access bank lending and overdrafts. The government will provide lenders with a...
Support for businesses that pay little or no business rates
The government will provide additional Small Business Grant Scheme funding for local authorities to support small businesses that already pay little or no business rates because of small business rate relief (SBBR), rural rate relief (RRR) and tapered relief. This...
Support for retail, hospitality and leisure businesses that pay business rates
Business rates holiday for retail, hospitality and leisure businesses The Government will introduce a business rates holiday for retail, hospitality and leisure businesses in England for the 2020 to 2021 tax year. You are eligible for the business rates holiday if:...
Support for businesses through deferring VAT and Income Tax payments
The Government have announced that they will defer VAT payments for 3 months and self employed income tax payments due in July 2020. These are automatic offers and no application will be required. For VAT, the deferral will apply from 20 March 2020 until 30 June 2020...
Latest on Government’s COVID-19 Emergency Funding
As the fallout from the Coronavirus pandemic continues, many businesses say they are teetering on the brink as revenues plunge following stay at home advice. Thankfully, emergency funding of £330 billion will be put aside from the Government’s financial support...
Tax helpline to support businesses affected by coronavirus (COVID-19)
Please see the link below for further information provided by the Government: https://www.gov.uk/government/news/tax-helpline-to-support-businesses-affected-by-coronavirus-covid-19?fbclid=IwAR1dcro8XKPDzwP22KA2GhQIqHDhd0bD2UnJE7AvBbP85YbxfXLlLntwImI
COVID-19 update
We want to reassure our clients that we are fully committed to the safety and health of our employees and our clients whilst continuing to provide a professional and reliable service. We are reviewing the government advice daily and will act accordingly. We are...
April 2020 changes to private residence relief
In July 2019 it was confirmed the government's plans to: reduce the final period exemption from 18 months to 9 months (unless special circumstances where 36 months); and restrict the letting relief to cases where the owner is in shared occupancy. Both of these changes...