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Covid-19 – VAT complexity of Eat Out to Help Out Scheme

  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…

mm Whitings LLP
COVID-19 – Eat Out to Help Out Scheme

Following the Chancellor’s recent announcement, HMRC has issued guidance for businesses to register for the Eat Out to Help Out Scheme, which will enable them to offer a discount to diners from 3 August 2020.   The Scheme can be used:   all day every Monday, Tuesday and Wednesday from 3 to 31 August 2020,…

mm Whitings LLP
VAT savings for the hospitality and tourism industries

As part of the Government’s measures to try to stimulate the economy, the Chancellor has announced a reduction in the rate of VAT payable by the hospitality and tourism industries.   From 15‌‌‌ ‌July 2020 until 12‌‌‌ ‌January 2021, the rate of VAT will be reduced to 5% on any eat-in or hot takeaway food…

mm Whitings LLP
Coronavirus Bounce Back Loan Scheme Now Open for Applications

Key features of the BBLS:   The scheme is a 100% government backed initiative for small businesses.   You can apply* for a loan between £2,000 and £50,000 (up to a maximum of 25% annual turnover), for 6 years.   No repayments required for the first 12 months, and you won’t pay any charges should…

mm Jeannette Hume
The Journey Begins – Exciting new business opens in St Neots

A lot of our blogs are about rules and regulations, however something that happens often in our world is that we get the fantastic opportunity to be part of a new business venture for one of our clients. Shume Bottle Emporium – is a beer shop specializing in locally brewed beer, cheese, coffee, gin and…

mm Jeannette Hume
National Minimum Wage Rates

  Effective from April 2018 the National Minimum Wage rates will be increasing again, as per the below figures: Workers aged 25 years or more: £7.83 per hour Workers aged 21 to 24 years: £7.38 per hour Workers aged 18 to 20 years: £5.90 per hour Workers aged under 18 (but above compulsory school age):…

mm Jeannette Hume
Update: Nov-16

Whitings’ Newsletter: Nov-16 The general practice team at Whitings have produced their latest newsletter, to keep clients updated on relevant recent changes to tax and related legislation: November 2016

Mark Haydon
Statutory Sick Pay (SSP)

The Government today announced plans to review SSP, to encourage supportive discussions and phased returns to work. The proposed plans included in this green paper include:

  • Encouraging employers to work with their employees with long-term health conditions, to stop them from falling out of work,
  • A review of Statutory Sick Pay and doctors fit notes, to support workers getting back to work faster, and for longer,
  • Work Capability Assessment reform, via the launch of a consultation,
  • A debate about recognising the value of work as a health outcome.

mm Jeannette Hume
More Pensions Red Tape

Pensions Automatic Enrolment: + 3 years = re-enrolment. Although some clients are still only just staging for pensions auto-enrolment, with many still to stage, auto-enrolment has been in place for larger employers since October 2012. This means that most employers are due, or have already had to go, through re-enrolment. Re-enrolment is something that all…

mm Jeannette Hume
Business Success

Ely Business Awards 2016: Whitings judge and present top award. Congratulations go to Soopa Doopa Branding Limited, well deserved overall winners of the 2016 Ely Business of the year awards. Full list of finalists and winners Photos from the awards ceremony in Ely Cathedral The firm judges, sponsors and presents the top (winner of winners)…