News

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

Coronavirus/COVID-19: Update 20 April 2020 – HMRC Job Retention Claims Service Open

As mentioned in our previous communications, the HMRC online portal for the Coronavirus Job Retention Scheme (CJRS) opened early this morning. Our payroll team have been busy working to process the claims on behalf of those clients for whom we manage PAYE.  For those clients and businesses who are managing their own claims, HMRC has published […]

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Coronavirus/COVID-19: Update 17 April 2020

As we come to the end of the working week, it has been confirmed that the ‘stay at home’ lockdown is to continue for another three weeks. We hope that the support and information we have provided so far during the COVID-19 restrictions has been helpful and informative. The structure we already have in place […]

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Coronavirus/COVID-19: Update 16 April 2020

Yesterday saw further, and significant, adjustments to the COVID-19 Job Retention Scheme guidance for both employers and employees.  The main change to note being when an employer needs to have created and started a PAYE payroll scheme. In addition, there has been a change to the 30 day reporting requirement for Capital Gains Tax in […]

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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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News

COVID-19: 24 September Update – Rishi Sunak announces Winter Economy Plan

We now know that there will not be the usual Autumn Budget.  Instead, Rishi Sunak has outlined the government’s plan, dubbed the Winter Economy Plan, to support businesses and safeguard employment over the next few months. Included in this update is an overview of the key points to note.  No doubt further details will be […]


Blog

Tax and Crypto Assets

2009 saw the launch of Bitcoin. Originally seen as being just for geeks and possibly hackers, crypto assets are becoming more common and even considered mainstream by many. HMRC has noted this increased interest in crypto assets. If you invest or trade in crypto assets and you pay taxes in the UK, you need to […]