Blog

The transition period for the UK leaving the EU has ended. The EU and UK have struck a trade deal, and this has been ratified by the UK Parliament so from 1 January we are trading with the EU quota and tariff “free”. There are new Customs regulations and VAT requirements to get to grips with, but we have every confidence once we get used to the new systems, imports and exports will continue to flow.

This morning it’s been announced that retail, hospitality and leisure businesses will be entitled to extra coronavirus support. What details are available?

The CJRS (also known as the furlough scheme) will remain open until 31 March 2021. For claim periods running to January 2021, employees will receive 80% of their usual salary for hours not worked, up to a maximum of £2,500 per month. The £2,500 cap is proportional to the hours not worked.

The Government are providing the same level of support for the self-employed as is being provided for employees through the Coronavirus Job Retention Scheme which has also been extended until March 2021.

FURTHER CHANGES IN SUPPORTS FOR BUSINESS
Government extends Furlough to March and increases self-employed support scheme

The Coronavirus Job Retention Scheme has now been extended for a month. What are the terms of the extension and where does this leave the new Job Support Scheme?

Here are the headlines from the Chancellors statement in Parliament today where a series of measures to help jobs and businesses were announced.

Tough rules dictate the tax deductions that landlords can claim against their rental income. They are especially tricky for the cost of equipment you provide for your tenants. What can and can’t you claim for?

Late on Friday evening (12 June) details were released concerning part-time working and much more besides. What do you need to know?