Insights
Our experts provide their insights on the latest industry developments and share tips on accountancy and business matters.
12 October 2020
Extension of the Job Support Scheme (JSS)The Chancellor has announced that the Government’s Job Support Scheme (JSS) will be expanded to protect jobs and support businesses required to close their doors as a result of coronavirus restrictions.
12 October 2020
How to claim the Job Retention Bonus from 15 February 2021HMRC has recently published guidance on how to claim the Job Retention Bonus. The £1,000 bonus is available to employers for each eligible employee they furloughed and kept continuously employed until 31 January 2021.
24 September 2020
Introduction of the Job Support SchemeThe Job Support Scheme will begin in November for six months as a continuation of support following the end of the furlough scheme on 31 October.
24 September 2020
Winter Economy Plan - extension to income tax deadline and Self-Employed Income Support SchemeThe Chancellor announced the extension of the Self-Employed Income Support Scheme, as well as an extension to the deadline to pay your self-assessment tax bill.
24 September 2020
VAT cuts for the Hospitality & Tourism sectorAs the Government seeks to revive the UK economy after months of lockdown, the Chancellor announced a £4 billion commitment to reduce the rate of VAT from 20% to 5% in the hospitality and tourist sectors. Both reductions will run from 15 July 2020 to 31 March 2021.
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