Employers Coronavirus job retention bonus The Chancellor confirmed that Coronavirus Job Retention Scheme (CJRS) will be flexibly and gradually wound down through to October as previously announced. Broadly, the CJRS scheme closed to new furloughed employees on 10 June 2020 with last claims for periods ending 30 June to be made by 31 July. The…Read More
Last Friday the Chancellor set out plans to extend both the Job retention scheme and Self-employment income support schemes while providing details of how these will change in the coming months. We’ve summarised these changes below and full guidance including help with calculating the reduced furlough claims will be published by HMRC on 12 June.…Read More
This scheme is for self employed people or members of a partnership who have been affected by the COVID-19 crisis and allows you to reclaim a grant based on your average trading profits for the tax years 18-19, 17-18 and 16-17. There is an extensive list of criteria to be eligible for the grant and…Read More
Job Retention Scheme Extensions The COVID-19 Job Retention Scheme has been extended to the 30th June 2020 giving businesses an extra month to continue to employ employee’s who are furloughed and reclaim 80% of their wages from the government. HMRC have also revised some key dates for eligibility to the scheme, previously an employee had…Read More
Job Retention Scheme Updates New information has been released today confirming updates to the job retention scheme that many employers have been waiting for clarification on. We have summarised below the key points that many of our clients have asked about, however there are multiple points clarified on the HMRC website here if you have…Read More
The long-awaited support scheme for the self-employed has been announced last night by the UK Government, as well as updates to how the Job Retention Scheme will work. We are doing our utmost to stay abreast of recent government developments however please understand that there is a large volume of information to take in and…Read More
What help is there for business during this current crisis? As you will appreciate the Government has made many announcements and promises to help. Currently, there is not the details of how or where to claim. All we can do is highlight those areas of help update you as and when more detail emerges. We…Read More
Alf Bennett started as a Client Portfolio Manager from 1 August 2018. Alf is AAT qualified and is well known to the team. This appointment strengthens the team and will enable us to react faster to client queries, and the processing of accounts and tax returns. Alf qualified in January 2018.
From 9th April we have moved into our new office at 7 Forbes Business Centre, Kempson Way, Moreton Hall, Bury St Edmunds, IP32 7AR. Call us on 01284 245013 or feel free to drop in when you are passing.