Managing economic uncertainty – 20 Practical Actions Businesses can take Having just emerged from the pandemic, the UK and global economy is facing a challenging future with rising inflation and interest rates globally. Global stock markets continue to perform well, but many would argue too well. Closer to home […]
Tag Archives: accountancy firm Jesmond
28
Apr
Apr
In March, immediately after the Chancellors latest budget, we asked SMEs across the UK to share their outlook for the next 12 months. The findings make for interesting reading – including: 46% of businesses with less than £250k turnover are expecting reduced income over the next 12 months. 67% of […]
04
Mar
Mar
Chancellor Rishi Sunak published the second full Budget since the start of the Coronavirus outbreak on Wednesday 3 March 2021. So, what does it mean for the UK’s taxation landscape? Almost 12 months on, the Budget laid bare the economic impact of COVID-19 and how Sunak intends to get economic […]
11
Jan
Jan
It’s been almost a year since the first lockdown and arguably, as business owners we are all getting used to pivoting, working remotely and restrictions being placed on all aspects of our lives. But that doesn’t make it easier and it can be overwhelming to keep on top of the […]
30
Nov
Nov
HM Revenue & Customs have slightly changed the requirements for claiming the third tranche of the SEISS compared to the previous two tranches – but the result may have a major impact on the self employed’s ability to claim the SEISS. When claiming the first two SEISS grants the […]
22
Sep
Sep
The North East LEP region has been awarded £2.4 million of ERDF funding to support SMEs to recover from Covid19. If you have been directly impacted by the coronavirus pandemic you could be eligible to apply for grants between £1,000 to £3,000 to access one to one expert advice on […]
17
Sep
Sep
The sale of your home is not always exempt from capital gains tax. There are many quirks to the capital gains tax rules and we would recommend always contacting us for a quick chat if you are selling a property – or any other investment asset – even if it […]
08
Sep
Sep
Mainstream media is highlighting the ravages of Covid-19 on our society and economy but in fact, anecdotal evidence suggests that it is not all gloom and doom: some people are even starting a new business. And, if the expected slew of redundancies does indeed happen once the furlough scheme ends, […]
29
Jul
Jul
We’ve helped businesses across the region secure £11 million in financial support during the Coronavirus pandemic, saving 600 jobs to date. With a ‘business as usual’ approach our team has worked continuously throughout lockdown giving expert advice to business owners to claim Government grants and loans as well as advice […]
27
Jul
Jul
R&D tax relief for SMEs is so generous that it is considered to be a Notified State Aid by the European Commission. The problem is that much of the financial support brought in by the Government for businesses during the Coronavirus pandemic is also considered to be Notified State […]
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