News

Read our latest Practice News as well as sector specific and accountancy updates from across the UK.

Coronavirus/COVID-19: Latest Update 3 July 2020 – Summary of Finance and Business Measures

This article summarises the business support measures the UK and Scottish governments, along with other NGBs and organisations have introduced as a result of the COVID-19 outbreak. Last updated 3 July: CJRS how to adjust for overclaims or underclaims made in error;  SEISS claims for second grant open 17 August For each measure we have […]

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Coronavirus/COVID-19: Update 3 July 2020

Information correct as of 3 July 2020 We are now in month four of the COVID-19 crisis and have been providing  regular updates since 17 March.  We hope you have found these useful and our plans are to continue to provide you with key information as and when it happens. Coronavirus Job Retention Scheme (CJRS)  […]

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Coronavirus/COVID-19: Update 26 June 2020

The news that more businesses are able to open will come as welcome relief to many.  With funding and business support changing or coming to an end we will continue to keep you updated with the key changes. Northumberland Local Discretionary Grant Fund Deadline This discretionary fund was made available to all local authorities in […]

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Coronavirus/COVID-19: Applications Open for Scottish B&B Hardship Fund

Information correct as of 16 June 2020 The Scottish Government’s hardship fund to help Bed & Breakfast and Small Serviced Accommodation Providers affected by COVID-19 is now open for applications. The fund is specifically aimed to help those small businesses that do not have business bank accounts and have not been able to access support […]

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Coronavirus/COVID-19: Update 16 June 2020 – Important information re. Phase 2 of Furlough and Self-Employment Claims

Coronavirus Job Retention Scheme (CJRS) As you will have seen in our previous updates, the Coronavirus Job Retention Scheme (CJRS) is changing from 1 July to encourage businesses to bring furloughed staff back into work. The initial phase of the CJRS was effectively closed to new employees on 10 June 2020. Therefore, if an employee […]

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News

Coronavirus/COVID-19: Latest Update 3 July 2020 – Summary of Finance and Business Measures

This article summarises the business support measures the UK and Scottish governments, along with other NGBs and organisations have introduced as a result of the COVID-19 outbreak. Last updated 3 July: CJRS how to adjust for overclaims or underclaims made in error;  SEISS claims for second grant open 17 August For each measure we have […]


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VAT Domestic Reverse Charge for the Construction Industry – What You Need to Know

HMRC have announced that the introduction of the VAT Domestic Reverse Charge (reverse charge) for the construction industry has been postponed again. Originally, the reverse charge was to be implemented on 1 October 2019, but was pushed back 12 months until 1 October 2020. The government has now announced a further five-month delay to its […]