Business rates and grants It should be noted that this can vary between Wales and England. The Welsh Government have released new information regarding additional grants available to Welsh Businesses and the information is available HERE Welsh Government Economic Resilience Fund Phase 2 The eligibility
Further details have been announced on the Coronavirus Job Retention Scheme (CJRS), although it is not yet possible to claim the money back. The Coronavirus Job Retention Scheme is a temporary scheme open to all UK employers for at least three months starting from 1
The Government has announced that there is to be a temporary change to the VAT payments due between 20 March and 30 June 2020. If you’re a UK VAT registered business and have a VAT payment due between 20 March 2020 and 30 June 2020,
The guidance for the self-employed grant has been released and here is more information regarding the scheme. Please note there are still points that need further clarification and we will update our website as soon as they become available. HMRC will contact those that are
Furlough – Guide Further to the Government’s announcements since Friday 20 March, you may now be considering having to furlough some or all of your employees in order to protect the ongoing viability of your business, and ultimately your employees’ jobs. HMRC have released further
News update – 19/3/20 Further to the announcements made yesterday by the UK and devolved governments all schools will be closing from Friday for the foreseeable future, except for vulnerable children and those of key workers (the list of key workers has yet to be
We felt it was essential that we reassure you that we will be here to support you through this difficult time. We have implemented a COVID-19 management plan here at Ellis Lloyd Jones. Our robust IT infrastructure has enabled us to allow most of our
COVID-19 is having a massive impact on our society. The implications for businesses are enormous. Below, we have set out some guidance to help our clients through this difficult time. The situation is changing on an hourly basis, but we are doing our best to
Our summary concentrates on the following measures, which include: > COVID-19 assistance for business including changes to SSP rules; > an increase in Employment Allowance; > an increase and extension of business rates discounts (Please note – Wales is a devolved region and different rules
For accounting periods starting on or after 1 January 2016, which will mainly affect companies with year ends on or after 31 December 2016, all companies will need to follow a different financial reporting format from previously. Companies satisfying the micro-entity thresholds can choose between
On Wednesday 8th March 2017, the Chancellor delivered his final Spring Budget. In truth, it was a very compact budget that lead to very little change to general tax law. The main headlines from a tax perspective were the increase in National Insurance for the
So here we are; springtime. Lambs in the fields, daffodils poking their weary little heads into daylight and even some brief but welcome sunshine. But, as is the custom, the Chancellor wants to spoil that. Austerity, cuts, tax increases; it’s fair to say the language
Towards the end of last year the government issued the majority of the clauses, in draft, of Finance Bill 2016 together with updates on consultations. Publication of draft Finance Bill clauses is now an established way in which tax policy is developed, communicated and legislated.
The new dividend tax – a brief guide One of the biggest shocks to come in the 2015 summer budget was the changes to dividend taxation to be introduced from April 2016. As an accountancy practice acting for countless small limited companies it immediately became
Due to changes in the law on workplace pensions, every employer with at least one member of staff now has a duty to enrol their employees into a workplace pension scheme and contribute towards it. It is called ‘automatic enrolment’ because it is automatic for
