Latest blogs for Specialisms

In recent months many charities have found themselves in financial difficulties and an uncertainty of long-term survival, often caused by factors out of their control. Most notably the ongoing Covid-19 outbreak, which has had several knock-on effects such as a reduction in donation income or decreased operating capacity during the tightened lockdown rules. Other external…

After many years of perceived abuse, the Government has announced that they are soon to introduce new laws to require stricter, independent, scrutiny (by an ‘Evaluator’) where connected parties purchase a failed business out of  administration (a Pre-pack). In announcing the move, the government said that while pre-pack administration sales are widely considered to be…

  £25 million has been made available in the third and final round of The Countryside Productivity Small Grants Scheme. The scheme offers grants of between £3,000 and £12,000 to fund a wide range of new equipment and technology in an attempt to help farmers improve efficiency whilst also benefitting the environment.   Potential applicants…

Six months from its introduction we have now successfully completed a number of Client reports to HMRC within the 30 day window.   Since 6 April 2020 the Government is making some significant changes to the rules regarding the reporting and payment of Capital Gains Tax (CGT) when individuals, trustees and personal representatives dispose of…

  With the Autumn Budget cancelled the Chancellor has announced a Winter Economy Plan introducing a package of measures to support businesses.   The highlights are:   The Coronavirus Jobs Retention Scheme (CJRS) – Will end as planned on 31 October 2020.   A new Job Support Scheme – To support viable UK employers who…

On 24th September the government announced the launching in November of the Job Support Scheme to replace the existing Furlough Scheme that is feted to end on 31st October. The JSS is to run from 1st November through to 30th April, but initial rules may be amended after three months.   To qualify for the…

The Charity Commission has launched a new public register for charities – making information more transparent.   Using the below link, anyone can search for details of a charity which includes data such as financials, who the trustees are, and whether the charity fundraises from the public.   The Charity Commission wants members of the…

  From 3 to 31 August 2020 businesses that offer a discount under the The Eat Out to Help Out Scheme are able to claim the discounted amount back from the Government.   Whilst on the face of it you might expect VAT only to be payable on the discounted amount, in-fact VAT is payable…

Claims for the second round of the Self Employed Income Support Scheme (SEISS) can be made from 17 August to 19 October.  The online claims service is not available yet: HMRC are expected to release further information shortly.   The second SEISS payment: Amounts to 70% (previously 80% for the first grant) of average monthly…

As the country starts to emerge from the Coronavirus pandemic where many businesses have simply been striving to survive, the new focus is likely to become one of growth.  Many bodies and institutions around the world are therefore looking to offer help in bringing the economy up to full speed again and ensuring that it…