11

Feb

From 1 March 2021, businesses within the Construction Industry Scheme (CIS) must record, report and pay VAT under the new VAT domestic reverse charge rules. This change affects both contractors and subcontractors and the supply of certain kinds of construction services in the UK. Under the new rules, VAT registered subcontractors who provide a service…

11

Jan

It is SO tough out there but are you accessing all the available support? Northumberland County Council updated their website on Friday 8th January with lots of different support packages for different scenarios. It is worth logging on to just make sure you are not missing any grants. https://www.northumberland.gov.uk/coronavirus/Support-for-Businesses-coronavirus.aspx#ToP

20

Nov

Self-employed traders must respond to HMRC’s email about their business by TODAY 20 November 2020 or they won’t be able to make a further claim for another SEISS grant.   According to Accounting Web, approximately 24,000 self-employed traders who have claimed a self-employed income support (SEISS) grant recevied emails from HMRC in October asking whether they were still…

02

Nov

No doubt you are all feeling heavy-hearted after the Goverment’s announcement this weekend. Thankfully, rather than the Job Support Scheme which was supposed to start from 1st November, the Government has extended the Coronavirus Job Retention Scheme for a month with employees receiving 80% of their current salary for hours not worked. So we are…

23

Oct

HMRC have now published further information on the Job Support Scheme and employers should have received an informative email in their inbox! This is what it says:- Job Support Scheme The Job Support Scheme (JSS) will open on 1‌‌‌ ‌November and run for six months, until 30‌‌‌ ‌April 2021. The government has said it will…

22

Oct

More help from Rishi Sunak…. this has been taken directly from the www.gov.uk pages after the announcements today. “The UK Government recognises the continued impact that coronavirus (COVID-19) has had on the self-employed and has taken action to provide support. The Self-Employment Income Support Scheme Grant Extension provides critical support to the self-employed in the…

29

Sep

Job Support Scheme As posted on 25th September, the existing CJRS – the furlough scheme – finishes on 31 October. The government is introducing a new Job Support Scheme from 1 November 2020. For employers to participate in the scheme: employees will need to work a minimum of 33% of their usual hours for every hour…

25

Sep

Yesterday Rishi Sunak announced a new Job Support Scheme which will kick in from 1st November after the end of the current furlough scheme on 31st October 2020. The Job Support Scheme is designed to protect viable jobs in businesses who are facing lower demand over the winter months due to Covid-19, to help keep…

25

Sep

The Government have announced that the Self-Employment Income Support Scheme is being extended from 1st November 2020. The grant extension is for self-employed individuals who are currently eligible for the Self-Employment Income Support Scheme and are actively continuing to trade, but are facing reduced demand due to coronavirus (COVID-19). You do not necessarily have to…

09

Sep

Clients frequently asking us to recommend software to them, and we are loath to do so, because what works for one person does not necessarily work for another. If we are not doing the data entry, then it needs to be software which the client finds easy to use, not ourselves. So we are happy…