Category Archives: Blog

Self – Employed Income Support Scheme – deadline for 1st claim

If you are self-employed or a member of a partnership you may be eligible to claim under the governments Self-Employed Income Support Scheme where you will receive, for the 1st claim, 80% of average profits for the 3 years ended 2018/19, limited to £7,500.  Applications for the 1st claim must be made by 13th July…

How does the ‘mini’ budget effect the hospitality sector

Download our breakdown of the announcements by the Chancellor today that will directly impact the hospitality sector now the lockdown measures have been lifted and what you need to think about before the changes come into force. These announcements will provide a much needed boost to the sector and help to get business going again!…

Second Self-Employed Income Support grants to be paid in August

On 29 May the Chancellor announced that the grant scheme to support the self-employed would also be extended with a further payment based on 70% of average profits for the 3 years ended 2018/19, limited to £6,570 rather than £7,500. The eligibility criteria remain broadly the same as the first grant claim. Self-employed profits in…

Should you increase your prices after lockdown?

competitors, pricing, value

We’ve learned a lot about our businesses, and ourselves during this crisis. When it comes to crunch time, you’re a business like any other, and your prices need to reflect your value in order to stay afloat.  We’ve had lots of great conversations about re-pricing lately, and found many of you are sitting in one…

Remember to reinstate your VAT direct debit

If you took advantage of HMRC option to defer VAT payments that fell due between 20 March and 30 June, then you need to ensure that you reinstate your direct debit for the next payment, the first of which for many businesses will become due in early July. Agents are not able to set up…

Microsoft Teams

Microsoft Teams is a collaboration platform that provides document sharing, online meetings and more to help your people to work together. Most businesses use Microsoft Office. Microsoft Teams has been designed to work well within that ecosystem. Microsoft Teams is user-friendly and helps to drive collaboration across different offices or between remote workers. The chat-based…

New authorised economic operator portal opened 1 June

The Government are still committed to the transitional Brexit period ending on 31 December 2020 and businesses trading with the EU need to make sure they are ready for major changes. If you’re submitting an application for Authorised Economic Operator (AEO) status from 1 June 2020, you must submit them through the EU Customs Trader…

Charities – Reporting of matters of material significance

Auditors and independent examiners have, for a while now, had a statutory duty to report any matters of significance to the charity regulators, The Charity Commission for England and Wales, the Office of the Scottish Charity Regulator for Scotland and The Charity Commission for Northern Ireland. The guidance however has been updated in April 2020…

Self Employed Income Support Scheme Webinar

Please find the registration details below for our recently announced webinar on the Self Employed Income Support Scheme. There is a limited number of spaces so please sign up as soon as possible. We would ask that you ensure your microphones are muted throughout the webinar, and submit your questions via the chat side panel….