Recovery Loan Scheme opens to businesses

May 05, 2021

On 6 April, the Recovery Loan Scheme (RLS) was introduced to replace the government's coronavirus lending schemes.

The RLS provides financial support to businesses affected by the COVID-19 pandemic.…

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Fourth self-employed grant now open for online applications

May 05, 2021

On 21 April, the online service for applications for the fourth Self-employment Income Support Scheme (SEISS) grant was opened for claims, HMRC confirmed.

All applications must be submitted…

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New claims required for home working tax relief

May 05, 2021

Employees who are working from home will need to make new claims for tax relief for the 2021/22 tax year, HMRC has stated.

From 6 April 2020, employers have been able to pay employees up to…

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Early May Bank Holiday

Apr 29, 2021

Our offices will be closed on Monday 3rd May for the Early May Bank Holiday! 

We will reopen on Tuesday 4th May at 9am. Enjoy the Bank Holiday weekend everyone!

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ICAEW urges HMRC to rethink quarterly reports under MTD for corporation tax

Apr 06, 2021

The Institute of Chartered Accountants in England and Wales (ICAEW) has urged HMRC to rethink the requirement for companies to report quarterly under Making Tax Digital for corporation tax (MTD for…

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UK cuts electric vehicle grants by £500

Apr 06, 2021

The government has cut the Plug-in Car Grant and Van & Truck Grant by £500 and lowered the pricing cap on qualifying electric vehicles.

The Department for Transport will now provide grants of…

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National Minimum and Living wages increases

Apr 06, 2021

UK workers are set to benefit from rises in the National Minimum Wage (NMW) and the National Living Wage (NLW) rates that took effect from 1 April 2021.

The NMW which applies to 21 and 22 year-olds…

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HMRC publishes details of final grants for self-employed

Apr 06, 2021

HMRC has published details of the eligibility criteria of the final two grants available under the coronavirus (COVID-19) Self-employment Income Support Scheme (SEISS).

At the 2021 Budget it…

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£20 million SME Brexit Support Fund opens for applications

Apr 06, 2021

The UK government has unveiled a £20 million Brexit support package to help small and medium-sized enterprises (SMEs) with changes to customs and tax rules when trading with the EU.

The SME…

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