Having recently confirmed that this year’s Autumn Budget was cancelled, Chancellor Rishi Sunak then went on to unveil his Winter Economy Plan, which included an extension to the Self Employment Income Support Scheme, as well as additional government support to businesses and workers impacted by Covid-19. The Chancellor said: “The resurgence of the virus, and […]
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With Coronavirus at the forefront of the countries thoughts at the moment many would think that large changes to tax reporting in the UK would be pushed further down the queue, however HMRC are still aiming to get their Making Tax Digital (MTD) reporting programme up and running in the not too distant future. The […]
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Figures released recently revealed that restaurants claimed for more than 64 million discounted meals in the first three weeks of the Eat Out to Help Out scheme. Around 10.5 million meals were claimed in the first week, growing to a total of 35 million meals for the second. Data from OpenTable shows that during Eat […]
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As we ease out of lockdown, and businesses try to establish what their ‘new normal’ looks like, many companies are likely to be looking to make cuts in some way. The media are running stories every day at the moment about companies which have made staff redundant. On top of this, many management teams will […]
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From today, self-employed people whose business has been adversely affected by Covid-19 can apply for a second – and final – grant through the Self-Employment Income Support Scheme (SEISS). You may have received an email about this from HMRC but you can also log-on and see from which date you can make a claim. Again, […]
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David Southall has been part of the team at Lewis & Co since September 2014. However, he says that becoming an accountant was ‘well down’ the list of jobs he thought he’d end up doing, while still at school. “I was obsessed with sport, so wanted to have a job related to that,” he explains. […]
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Chancellor Rishi Sunak took the unusual step of issuing a Summer Statement on Wednesday 8th July, which outlined some of the Government’s plans to help the UK economy recover from the impact of the Covid-19 pandemic. While many of us are missing our traditional break in the sun over the next couple of months, we […]
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This year seems to be absolutely flying by and it’s already time for the second ‘payment on account’ from the 2018/19 tax year to be paid. Recently though, as part of the package of measures announced in response to Covid-19, the Government has announced that this instalment, due by 31 July 2020, can be deferred […]
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The current health crisis has not only brought about changes to the way we conduct our everyday lives and huge worries to people who are vulnerable or at risk but it has also impacted every single business owner. Over the past few months, the Chancellor, Rishi Sunak, has announced a package of measures aimed at […]
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Chancellor Rishi Sunak has announced three changes to the Coronavirus Job Retention Scheme (CJRS) with the aim of working life slowly returning to normal over the next few months. 1. As of 1st June the scheme will close for any new applicants, with the final date an employee can be furloughed from being 10th June. […]
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