Tag Archives: coronavirus

Guide summarising government support for businesses

business support

Following the second national lockdown we have created a handy guide for businesses of all sizes to understand the support available to them and to find out more, including links to apply under the various schemes.   Over the course of the year the government has responded to the devastating […]

Company cars and private use

company car

A benefit in kind tax charge arises where a company car is available for private use by an employee. The charge is reduced proportionately for any period of unavailability of at least 30 days. This period can span two tax years. H M Revenue & Customs’ reading of the legislation […]

Helpful guide for SMEs about the changes to the furlough scheme

The government has announced a number of changes to the Coronavirus Job Retention Scheme – more commonly referred to as ‘furlough’. These changes start to take effect from tomorrow (Wednesday 1 July).   To help SMEs understand the changes and how they apply to them, we have produced a handy […]

As the Government starts to lift the lockdown, how can you prepare your business?

checklist

We know how tough the past few weeks have been for SMEs and with an easing of lockdown rules approaching, getting your business ready for operating in a post-lockdown world has its own unique challenges. Businesses now have increased obligations and responsibilities – from ensuring adherence to social distancing measures […]

Getting paid in a COVID-19 world

getting paid

In these uncertain times, it has never been more important to maintain sufficient funds or cash within your business. We have also recently recorded a video that gives more information how to help you get paid. Watch it here.    Cash is the oxygen that businesses need to survive, particularly […]

Covid-19: Profit Improvement

Profit

Before the coronavirus mayhem, we held a successful event named 7 Ways to Grow your Business. The result of each of the 7 ways is; increased profit. Profit is: Profit = Sales – Direct costs – Overheads You have four choices right now: Do Nothing Retreat Take Normal Amounts of […]

Landlords and Tenants – COVID-19 summary

advice for landlords

Our tax director Martin Wardle gives his summary of the official guidance that has been released for landlords and tenants as well as a local spin on current matters as a result of Covid-19 from Bruce Haagensen of North East Landlords on it’s effects on licensing and students. Watch our YouTube video […]

COVID-19: R&D advice

R&D

Alongside the schemes HMRC have released for both businesses and the self-employed there is some R&D guidance in response to the COVID-19 pandemic, the headlines of which are: HMRC are aiming to maintain the 28-day turnaround of SME claims for payable tax credits This suggests that HMRC are encouraging legitimate […]

Covid-19: Guidance for separated parents

advice for separated parents

Coronavirus is affecting every aspect of our lives and separated parents may be confused as to what happens to child contact arrangements during the lockdown. Every case is different, and we urge families to contact a specialist family lawyer for more detailed advice but here are some general pointers: 1. […]