We would like to remind employers that the 31 July is the last day that they can submit claims for periods ending on or before 30 June. Employers can now submit claims for periods starting on or after 1 July. VALUABLE POINTS IF YOU … [Read more...]
HMRC MAY ALLOW TAX REFUNDS FOR ANTICIPATED COMPANY LOSSES
HMRC have recently announced that they may allow limited companies to make claims for loss relief and tax refunds even though the current accounting period has not yet ended and the corporation tax return has not been submitted. This will be available to companies of all sizes but they will be … [Read more...]
HOTTEST INDICATORS FOR THE UK ECONOMY AND SOCIETY
The Government have released the most up-to-date information for the future of the UK Economy and society. The experimental data on the impact of the coronavirus (COVID-19) on the UK economy and society, including online price changes data. These faster indicators are created using rapid response … [Read more...]
Further updates To the Coronavirus Job Retention Scheme
Alan Patient and Co are keeping you informed with all the hottest information. The latest updates set out on the 12 June include details on how the scheme will change from 1 July. Key dates The first time you will be able to make claims for days in July will be 1 July, you cannot claim for … [Read more...]
Business Through Lockdown
Click on the video to find out how Alan Patient & Co have been helping businesses through this difficult period. … [Read more...]
Time to reflect and plan ahead
As we emerge slowly from lockdown, now is a good time to take stock of things and look ahead to how we can run our businesses with the “New Normal” environment we face. What is clear is that some form of social distancing will remain, and many businesses are adopting new ways of working within … [Read more...]
Chancellor extends the Coronavirus Job Retention Scheme
On Tuesday 12 May the Chancellor Rishi Sunak announced that the JRS (Job Retention Scheme) will be extended for a further four months, from the end of June currently until the end of October Here are the key points Until the end of July the scheme will continue in its current form with no … [Read more...]
COVID-19 BUSINESS NEWS UPDATE
SMALL BUSINESS DISCRETIONARY GRANT PAYMENTS TOP-UP TO LOCAL BUSINESS GRANT FUNDS SCHEME The Government has announced a discretionary fund has been set up to accommodate certain small businesses previously outside the scope of the business grant funds scheme. The Business Secretary Alok … [Read more...]
Small businesses boosted by bounce back loans
A couple of days ago Rishi Sunak said the new Bounce Back Loans scheme, which will provide loans of up to £50,000, would help bolster the existing package of support available to the smallest businesses affected by the coronavirus pandemic. The scheme has been designed to ensure that small … [Read more...]
COCOONING A BUSINESS
Some businesses are going to need to “mothball” or “cocoon” until the Government considers the Pandemic to be of lower risk and trading conditions improve. What is Cocooning? Cocooning, or mothballing, is a temporary suspension of a business and can be the result of sales reducing to zero (or … [Read more...]
