• The ‘Mini’ Budget Summary

    • September 23, 2022
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    • Category: Uncategorized
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    The Chancellor today announced sweeping tax cuts in the new governments first mini budget. Setting out his aims for economic growth, Kwarteng said he wants the economy to increase by 2.5% annually in the medium-term, through a mix of tax incentives and reforms. Below is a recap of some of the tax cuts: Income tax

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  • Business rates holiday and discounts for tax year 2021-22

    • April 29, 2021
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    • Category: Contractors, Expenses, Tax, Uncategorized
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    The government cancelled business rates for all retail, leisure and hospitality businesses, in response to the Covid-19 outbreak. This business rates holiday applied in England for the full tax year 2020-21, and has now been extended until June 2021 for: shops restaurants, cafés, bars, pubs cinemas, live music venues assembly or leisure properties, like sports

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  • Update on CJRS and SEISS (June 2020)

    • June 1, 2020
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    On Friday 29‌‌ May 2020 the Chancellor, Rishi Sunak, announced more details about the extension of the Coronavirus Job Retention Scheme (CJRS) and the Self-Employment Income Support Scheme, and we’ve outlined these below for you. Coronavirus Job Retention Scheme The Chancellor has announced three changes to the job retention scheme: From 1‌‌ July 2020, the

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  • Coronavirus Statutory Sick Pay rebate scheme is ready

    • May 27, 2020
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    • Category: Uncategorized
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    The portal for claiming under the SSP rebate scheme will open on 26 May. Ian Holloway sets out how you should prepare to submit claims on behalf of your clients.   We have been waiting for this rebate scheme to launch since these announcements were made in March 2020: On 3 March the Prime Minister said

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