News

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

Coronavirus/COVID-19: Update 15 April 2020

We are pleased that there has been some clarification in connection with the Self-Employed Income Support Scheme (SEISS). Although there are still some areas that remain vague, at least we now have explanations surrounding the calculation of ‘trading profits’ and ‘total income’ and also for agricultural clients as to whether ‘trading profits’ are pre or […]

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Coronavirus/COVID-19: Update 14 April 2020 – Summary of Finance and Business Measures Announced To Date

We hope you had a good Easter and kept safe at home. As we have done at the start of previous weeks, we are summarising the measures the UK and Scottish governments have introduced so far, as a result of the COVID-19 outbreak. Our subsequent updates may be less frequent than daily, but we will […]

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Coronavirus/COVID-19: Update 9 April 2020

We are going to be taking a break for Easter and therefore this will be our last update until Tuesday 14 April. Our offices will be completely closed tomorrow, over the weekend and also on Easter Monday. But we will be back, revitalised, on Tuesday and contactable again on our usual phone numbers and email […]

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Coronavirus/COVID-19: Update 8 April 2020

We continue to get positive feedback in relation to our daily updates regarding the COVID-19 business support measures. It is good to know they are of help. There have been no new announcements in relation to financial interventions. Our teams are working hard accessing any funds or schemes on behalf of clients, as you will […]

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Coronavirus/COVID-19: Update 7 April 2020

Although no new business support has been announced overnight, we are continuing to receive further clarity on existing measures. Some positive news we have received from a number of clients is that they have applied for and already received funding via the Small Business Grant Fund and Retail, Hospitality and Leisure Grant Fund.  If you […]

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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 […]