All posts by The England and Company Team

Our experts include: Chartered Certified Accountants, Chartered Tax Advisors and Registered Auditors.

 

Mask - Covid 19

Briefing 20 – 22nd December


By: The England and Company Team     |     Published 23rd December 2020

Coronavirus Job Retention Scheme (CJRS) – update The Chancellor announced last week that the CJRS (Furlough) scheme has been extended until the end of April 2021. This provides businesses and employees across the UK with certainty into the New Year. The Chancellor said he would review the employer contribution element of the CJRS in January. […]

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Briefing 19 – 7th December


By: The England and Company Team     |     Published 7th December 2020

Since our last briefing, there have been a number of announcements, so we thought we would share these with you now. Additional Restrictions Grant (ARG) Your local authority may be offering an Additional Restriction Grant for businesses that were required to close under the imposed Coronavirus restrictions and do not qualify for the Local Restrictions Support […]

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Briefing 18 – 24 November 2020


By: The England and Company Team     |     Published 24th November 2020

Please see below further updates. Job Support Scheme (JSS) As mentioned in an earlier briefing the Job Support Schemes (both open and closed) have now been abandoned with the extension of the Job Retention Scheme. The JSS was scheduled to come in on Sunday 1 November. Job Retention Bonus (JRB) The Job Retention Bonus (JRB) will not […]

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Briefing 17 – 6th November


By: The England and Company Team     |     Published 6th November 2020

You will have noted that the Chancellor issued details of further support under the Coronavirus Job Support Scheme (CJRS) and the Self-Employed Income Support Scheme (SEISS) yesterday. The details are well publicised and further information can be found at the links below https://www.gov.uk/government/publications/extension-to-the-coronavirus-job-retention-scheme/extension-of-the-coronavirus-job-retention-scheme#ref-pay https://www.gov.uk/government/publications/self-employment-income-support-scheme-grant-extension/self-employment-income-support-scheme-grant-extension Full legislation will be issued on 10 November, so we will […]

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Briefing 16b- 3rd November


By: The England and Company Team     |     Published 4th November 2020

As advised in our Briefing yesterday, please see below further details in respect of the SEISS, CIBLS and Furloughed staff. Self-Employed Income Support Scheme (SEISS) – Update The Government announced further support for the Self-employed yesterday afternoon. The SEISS Grant Extension provides support to the self-employed in the form of two grants, each available for […]

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Briefing 16 – 2nd November


By: The England and Company Team     |     Published 2nd November 2020

Following the Government’s announcement on Saturday, please see below updates that we are aware of. There is more information to come, so we will send this to you in further Briefings when we receive it. Coronavirus Job Retention Scheme (CJRS) – also known as the Furlough scheme. This Scheme will now remain open until December, […]

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Job Support Scheme


By: The England and Company Team     |     Published 26th October 2020

From 1 November 2020, two new Job Support Schemes will come into existence, effectively replacing the Job Retention Scheme which closes on 31 October 2020.  They are named the “open” Scheme and the “closed” Scheme. The “closed” Scheme is to be used only when your business has been forced to close by Government authority. We […]

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CAPITAL GAINS TAX FOR THOSE SELLING PROPERTY


By: The England and Company Team     |     Published 23rd October 2020

The current rules on Capital Gains Tax mean that you may need to submit a CGT return online and pay any CGT due within 30 days of selling UK property. Please note this does not apply to selling property that has always been your Principal Private Residence, or to property developers who sell property as […]

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Briefing 15 – 15th October


By: The England and Company Team     |     Published 16th October 2020

With recent announcements from Rishi Sunak on the Government’s Winter Economic Plan, which outlined new as well as extensions of existing support schemes, we thought it was time to update you all. Coronavirus Job Retention Scheme – CJRS This scheme is now in its final month, with the scheme now confirmed as ending on 31st October […]

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HMRC now receiving letting data from Airbnb


By: The England and Company Team     |     Published 7th October 2020

Landlords should realise that HMRC will know about their lettings through Airbnb, so full disclosure of all their taxable property income is essential, including for all prior years. Reuters recently reported that the Airbnb UK accounts for the year to 31 December 2019 include a statement that the company will share data with HMRC about the earnings of […]

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