Covid 19 – Relief for the Self-Employed

Covid 19 – Relief for the Self-Employed

Following the recent announcements from the Chancellor, HM Revenue & Customs have issued updated guidance on the support available to the self-employed. If you are self-employed or a partner in a partnership, then you need to check your eligibility by following...
Covid-19 What You Need to Know – Employers & Employees

Covid-19 What You Need to Know – Employers & Employees

Covid-19 Job Retention Scheme (Furloughed Employees) HMRC have updated the Job Retention Scheme details and we would like to simplify these rules to help you understand how the Government are going to help you. What you need to know – The Employer You can only use...
Covid-19 & VAT Deferral

Covid-19 & VAT Deferral

On Friday 20th March, the Government announced help for VAT registered businesses. We detail below what that help means. UK based businesses who are VAT registered will now be able to defer their VAT payments that would be due within the period 20th March 2020 to 30th...
Covid-19 – For Self Employed

Covid-19 – For Self Employed

Last night, 26th March, the Chancellor addressed the remaining issue of helping the self-employed who have been unable to work due to Covid-19 or have lost work due to that virus. We summarise below those businesses that are eligible for this additional relief and how...
Covid-19 Help For Businesses

Covid-19 Help For Businesses

On Friday, 20th March, the Chancellor announced unprecedented levels of support for the British economy. The measures announced provided much need relief to employers, employees and businesses, we details those below. However, a big omission was the self-employed,...
Business Type: Limited Liability Partnership

Business Type: Limited Liability Partnership

Everything that we have said about Partnerships in the preceding post applies equally to Limited Liability Partnerships (LLPs). The LLP came into existence a few years ago following pressure from the legal and accountancy professions. The problem with standard...