Helpful Guide to the Summer Economic Statement – What’s New
The Chancellor has introduced a series of measures focused in some key areas that have been hard hit due to Covid-19. In what the Chancellor referred to [...]
Top 20 Tips for SMEs: Surviving and Thriving
The Covid crisis has changed so much. With many SMEs struggling to survive, we have prepared this helpful guide HERE to focus SMEs on the top 20 things [...]
Helpful guide for SMEs about the changes to the furlough scheme from UK200Group
The government has announced a number of changes to the Coronavirus Job Retention Scheme – more commonly referred to as ‘furlough’. These changes start to take effect [...]
VAT Direct Debits
The deferral of VAT payments due to Coronavirus comes to an end on 30 June. The VAT payment deferral enabled all UK VAT-registered businesses to have the [...]
Changes to the Coronavirus Job Retention Scheme
HMRC has now released updated guidance on the changes to the Coronavirus Job Retention Scheme (CJRS) which we have summarised below: The scheme will change from 1 [...]
What are the biggest challenges facing SME’s Poll Results
This poll was conducted over 24-hours on Monday 11th and Tuesday 12th May 2020 following the government’s announcement of the gradual easing of lockdown restrictions. Please click [...]
Health & Safety Ranked Top concern for businesses emerging from lockdown
Cash Flow comes second, Client Confidence third Health and safety is the most pressing concern among businesses emerging from lockdown according to the latest poll we have [...]
Practical help for SMEs & the self-employed: Polls, Portals & Checklists
We’ve been busy working on a few things behind the scenes to help our clients in recent weeks. Firstly, we have developed a helpful checklist to help [...]
UK200Group in conjunction with WBV Limited Coronavirus Business Impact Survey – April 2020
Executive Summary The responses to this survey confirm the widely held view that SMEs have been dramatically impacted by the effect of the pandemic. A total of [...]
CORONAVIRUS JOB RETENTION SCHEME UPDATE: LAUNCHING 20th APRIL 2020
HMRC have stated that the government’s Coronavirus Job Retention Scheme claims service will launch on 20th April 2020, and have provided an update on how the claims [...]
COVID-19 UPDATE
New £500 million Economic Resilience Fund launched for Wales The Economic Resilience Fund aims to plug the gaps in the support schemes already announced by the UK [...]
Government Grants For The Self Employed
After intense pressure, the Government has announced a significant support package for the self employed. Under the new Scheme, the government will pay self-employed people (individuals or [...]
Coronavirus – Specific Government Support Information At A Glance
We have put together some information regarding Government Support Information in a PDF available HERE Please check our Website daily for further updates.
Coronavirus Job Retention Scheme
The Government has set out a package of temporary measures to support businesses through this highly disruptive period caused by the Coronavirus. One of these measures is [...]
Coronavirus Job Retention Scheme Furlough Letter Template
Template below - please feel free to cut and paste, if you would like us to forward a Word Document to you please email us by clicking [...]
Coronavirus COVID 19 – update
The spread of the Coronavirus (COVID-19) is already having a huge impact on individuals, communities and business. We want to reassure all our clients that we have [...]
Spring Budget 2020
We have pleasure in presenting our summary of the Chancellor's 2020 Budget - the summary is available HERE Following the UK’s departure from the EU, Chancellor Rishi [...]
Tax Planning 2020
As the end of yet another tax year approaches we are taking this opportunity to make you aware of the usual tax planning opportunities and other issues [...]
Solicitor Accounts Rules Changes
The Solicitor Accounts Rules (SAR’s) are a set of rules put in place to regulate solicitors and law firms of England and Wales. They are governed by the Solicitors Regulation Authority [...]
What is the audit process?
The audit process includes procedures to obtain audit evidence to provide the auditor with reasonable assurance that the financial statements are free of material misstatement. An audit will examine the financial [...]
Does my company need an audit?
Whether your company needs an audit will depend on a number of factors. It’s size, what the articles of association say and if the shareholders ask for [...]
What is an audit?
What is an audit? An audit is an official inspection of an organisation's accounts, which aims to provide an independent opinion on the ‘truth and fairness’ of [...]
Who needs to complete a Tax Return?
You may be starting to think about whether you need to complete a Tax Return this year? To help with this we have summarised the main points [...]
Tax rates 2019/2020
We have attached a schedule HERE that reflects the changes in tax rates that come into effect from the start of the new tax year. Many of the [...]
Spring Statement 2019
Philip Hammond presented his Spring Statement on Wednesday 13 March 2019. So, what exactly did the Chancellor say and, more importantly, what did it actually mean? [...]
Making Tax Digital for Business: VAT
HMRC is phasing in its landmark Making Tax Digital (MTD) regime, which will ultimately require taxpayers to move to a fully digital tax system. Regulations have now [...]
Employer Provided Cars
The scale of charges for working out the taxable benefit for an employee who has use of an employer provided car are now announced well in advance. [...]
Self-Funded Work-Related Training
The government had previously announced that it would consult on extending the scope of tax relief currently available to employees and the self-employed for work-related training costs. [...]