Support for the Self Employed Has Been Extended

The government has announced more support will be available for the self-employed in the form of two grants, each available for three-month periods covering November 2020 to January 2021 and February 2021 to April 2021. To be eligible for the Grant Extension,...

The Job Support Scheme Starts 1 November 2020

The Job Support Scheme (JSS) provides different types of support to businesses so they can get the assistance according to their situation. Businesses that are open but facing decreased demand can get support for wages through “JSS Open”. Those businesses that are...

The Importance of Scenario Planning for Your Business

With the current Covid restrictions putting many businesses at risk, planning for and analysis of different scenarios has never been so crucial for all businesses to ensure their future success – performing ‘what if’ scenarios can help business owners to better...

Making Tax Digital – an update

Making Tax Digital for VAT (MTD for VAT) has been effective for businesses with turnover above the VAT threshold of £85,000 since April 2019. HMRC recently outlined its next steps, including the introduction of Making Tax Digital for Income Tax Self-Assessment. Here,...

Coronavirus Local Lockdown Restrictions Support Grant (LRSG)

Published on 24 September 2020, the Local Restrictions Support Grant (LRSG) helps businesses that have been required to close due to temporary COVID-19 local lockdown restrictions imposed by the government. The LRSG supports businesses that were open as usual,...

Self-Employed Income Support Scheme – Updated

The existing self-employed grant (SEISS) will also be extended on the same basis as the job support scheme. An initial taxable grant will be provided to those who are currently eligible for SEISS and are continuing to actively trade but face reduced demand due to...