Every year, the Education and Skills Funding Agency (ESFA) open a bidding round under which academies and multi academy trusts and sixth form colleges can apply for capital funding. Last week we were informed The Department for Education (DfE) has published and made available additional funding … [Read more...]
JOB RETENTION BONUS
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...]
UPDATES CORONAVIRUS JOB RETENTION SCHEME (CJRS)
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...]
DEFER YOUR SELF-ASSESSMENT PAYMENT ON ACCOUNT DUE TO CORONAVIRUS (COVID-19)
Choose how and when you can delay making your second payment on account for the 2019 to 2020 tax year. You have the option to defer your second payment on account if you are: registered in the UK for Self-Assessment and finding it difficult to make your second payment on … [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...]
ESFA Updated the Academy Financial Handbook
On the 23rd June 2020 the ESFA updated the Academy Financial Handbook and comes in to effect on 1 September 2020. Academy trusts must comply with this handbook as a condition of their funding agreement. It provides an overarching framework for implementation of effective financial management and … [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...]
Solving your internal Audit Issues for Schools and Academies
Alan Patient provide are here to provide you with a very specialised service within schools and Academies in how to 'Solving your Internal Audit issues' We are reaching out to you and would love to talk to you about the change in Ethical Standards requiring Academy Trusts to have separate … [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...]
