THE GOVERNMENT’S ENERGY PLAN
The Government recently announced its Energy Strategy, in which is plans to increase UK energy independence and manage rising prices. Under the new plans, low carbon could become a source …
THE COST-OF-LIVING CRISIS
At times it feels like it doesn’t end. From one pandemic to another crisis, the combination of ever increasing energy bills combined with rising food prices is sending inflation to …
Super Deduction Tax Breaks
What is it and how does it work? The super deduction £25 billion tax break, announced by Chancellor Rishi Sunak as “bold and unprecedented”, is intended to accelerate investments by …
Summer Budget 2020 – A temporary SDLT reduction
In his Summer economic update, as part of the ongoing government support during the COVID-19 crisis, the Chancellor announced a temporary reduction to Stamp Duty Land Tax (SDLT) on residential …
Mini budget announcement and what it means for you
What does the Summer Statement mean for small businesses? Chancellor Rishi Sunak has announced a package of measures to help small businesses survive the coronavirus pandemic, as the second phase of government …
Changes to the furlough scheme and what that means for you
Rishi Sunak announced this evening (29 May 2020) changes to the Coronavirus Job Retention Scheme, with businesses starting to share the cost of furloughing staff from August 2020 onwards. August: …
Government launches business Coronavirus Job Retention Scheme
The government’s Coronavirus Job Retention Scheme went live on Monday, April 20 with small businesses able to claim up to £2,500 a month towards staff wages. Employers can apply for …
Support for the self employed
In light of recent events, the Government has offered significant support for the employed worked of the UK. However there is still limited support available for the self employed industry. …
Support for businesses through deferring VAT and Income Tax payments
Rishi Sunak also announced this evening, that small businesses would be able to defer next quarter’s VAT, a direct injection of £30bn of cash-flow support for SMEs The government will …
Support for businesses through the Coronavirus Job Retention Scheme
Chancellor Rishi Sunak has announced a Coronavirus Job Retention Scheme to protect small business jobs. Any PAYE-qualifying small business employee will qualify for the Coronavirus Job Retention Scheme, which will cover …