The Coronavirus Job Retention Scheme (CJRS) has so far supported over one million employers to protect over 9 million jobs. The scheme which started in March will wind down flexibly and gradually supporting businesses until the end of October. There has been pressure to keep the scheme in place but … [Read more...]
Summer Statement Update
On July 8th,The Chancellor Rishi Sunak presented his speech entitled “Summer Economic Update” Here are the highlights CORONAVIRUS JOB RETENTION SCHEME (CJRS) AND JOB RETENTION BONUS The CJRS ends in October and the Chancellor looked to cushion expected redundancies with the announcement of … [Read more...]
Good News for the Self Employed
Chancellor Rishi Sunak has said self-employed workers across the UK will be able to access a second Grant from the government to cover lost income while the country is in lockdown. This extension to the previous scheme to mitigate ongoing losses. If you are continuing to suffer a reduction … [Read more...]
Government Grants To The Self-Employed
HMRC have yet to open applications for these grants and as yet we do not know the details of the procedures they will initiate. Main conditions However, what we do know are the main conditions they have imposed and these are: That you must have traded and submitted a tax return showing … [Read more...]
Furlough scheme goes live 20 April 2020
Today 20 April 2020 is the day to now start processing your claims for Furlough workers. The government pay scheme to keep staff on the payroll despite not working due to coronavirus has gone live. About Furloughing If you cannot maintain your current workforce because your operations have … [Read more...]
COVID-19 -Tax and Accounting Updates
I am sure you are all aware of the rapid changes of the COVID-19 outbreak. Alan Patient & Co will keep you posted about all the relevant government information and advice with regards to you are your business. You need your accountant more than anything now, to help provide your business … [Read more...]
Alan Patient & Co- Update COVID-19 | our accountancy services remain here for you
You’ll have heard a lot about coronavirus recently and the effect it’s having across the world. That’s why we wanted to assure you that, if the government advice changes, Alan Patient & Co has contingency plans in place to support you and your taxation affairs. Our systems are now set up to … [Read more...]
Budget Day 2020
Budget day began with an emergency announcement from the Bank of England. To reduce Interest rates from 0.75% to 0.25%, taking borrowing costs back down to the lowest level in history. The Bank said it would also free up billions of pounds of extra lending power to help banks support firms. By … [Read more...]
MOVE OVER CORONAVIRUS NOW TO PREPARE FOR BUDGET DAY 11 MARCH 2020
The December General Election meant that the Autumn Budget was delayed and we now know that Rishi Sunak will deliver his first Budget on the second Wednesday in March, 11 March 2020 which is when Budget day used to be! What are the key issues to look out for: • Key tax announcements to listen … [Read more...]
Merry Christmas and a Happy New Year
As a company we are again going digital with our Christmas Card in an aim to further reduce our carbon footprint. We are proud to support 5 year old Isla who is battling Neuroblastoma – a rare childhood cancer. If you would like to find out more about this cause … [Read more...]