It is fairly well publicised now that as part of the Government’s financial support package for businesses during this Coronavirus outbreak, these businesses can, if they wish, defer their next VAT payment(s) (those due between 20 March and 30 June 2020). Interest and penalties will not be charged on such a deferral. What was not…
Whilst the Government have announced a business finance support package, it is unlikely to be accessible for several days (the loans via the banks) or weeks (the grants via HMRC/Local Authorities). Not all businesses will meet the criteria for them anyway. There is more to come from the Government, but in the meantime business…
The new Chancellor, Rishi Sunak, has announced this afternoon (26th March 2020) much needed support for the self-employed. This will be known as the Coronavirus Self-Employment Income Support Scheme. As in any support, there are conditions and the detail will need to be scrutinised. To be eligible for the scheme there are various…
In the recent Budget, and subsequent announcements, the Government have introduced numerous measures to help small businesses cope with the financial impact of the COVID-19 pandemic. Once you have decided how to follow Government advice with regard to your own business continuity, best advice must then be to more actively manage your finances, by preparing…
Only days after Budget 2020 confirmed that IR35 reforms to the private sector would go ahead, the changes have been postponed until 6 April 2021. Chief Secretary to the Treasury, Steve Barclay MP, confirmed “This is a deferral and not a cancellation”. Amongst the unintended consequences of this legislation, the lack of employment rights for…
With all the uncertainty over Brexit, we waited a long time to learn the date of Sajid Javid’s first Budget. Finally we learnt this was to take place on 6th November, amid great excitement at muted suggestions about the possible abolition of Inheritance Tax and radical changes to stamp duty. The bubble has…
We are pleased to announce that our wealth management department are looking to introduce a Financial Services Apprenticeship scheme. The aim of this scheme is to identify local talented individuals and help them to develop into the next generation of financial advisers/ planners and be part of our successful wealth management team. Once…
Whiting & Partners hosted their first Business Fayre on Thursday 20 September at Knights Hill Hotel in Kings Lynn. The event welcomed exhibitors from across a number of industries including insurance, software support, IT, Land Management, HR, Business Growth, marketing and promotions. Each business had the opportunity to chat to delegates and advise them on…