Tag Archives: accountants durham

What is a Business Health Check?

business healthcheck

“Organisational health is the single greatest competitive advantage in any business.” Patrick Lencioni It is easy to get caught in day-to-day business operations, but it is essential to take time out to work on the business. Just like going to a doctor’s appointment to check a minor ailment before it […]

Brexit – Are you ready for the new customs paperwork?

If your business imports or exports goods either as sales or in your supply chain, there are a number of things you need to do and be aware of with the Brexit transition period ending on 31st December 2020.   Regardless of whether a deal is reached between the UK […]

Furlough scheme extension and new national restrictions

Furlough extension

The government has announced it will restore furlough payments worth 80 per cent of wages for people unable to work during the new England-wide four week coronavirus lock down. The second national lockdown will close pubs, restaurants and non-essential shops from Thursday until 2 December up to Wednesday 2 December […]

Smaller businesses less likely to make staff redundant

Graham Purvis

Our latest research has found that over the coming 12 months less smaller businesses – those with a turnover of under £250K – are expecting to make staff redundant compared to those with a higher turnover of over £1M.   The research, which was carried out across the UK in […]

Temporary reduction of VAT explained

The Government has today (15.07.20) temporarily reduced the VAT rate to 5% (from 20%) in order to support the hospitality sector on certain good or services. This reduction will apply to food and non-alcoholic drinks supplied by restaurants, pubs, bars, cafes and to hot take-away food outlets. The reduced rate […]

What are the tax implications of the July 2020 Summer Statement for homeowners?

homeowner tax

If home is where the heart is, homeowners are consistently at the heart of any Budget and last week’s Summer Statement proved no exception.   Prior to the Chancellor Rishi Sunak’s announcement last week there were whispers of a Stamp Duty Land Tax (SDLT) slash to be introduced from Autumn […]

Summer Statement 8 July 2020 – Robson Laidler summary

Plan for Jobs

Discussing the continuing effects of Covid-19 on the economy Rishi Sunak’s Summer Economic Statement covers several important issues, which are explained in more detail below. COVID-19 has been rife with uncertainty and financial instability for many, and H M Treasury made it clear what it believed the focus of the […]