Briefing 18 – 24 November 2020
By: England and Company | 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 [...] Read More...
Directors View – November 2020
By: England and Company | Published 17th November 2020
Welcome to the first of our Directors’ View We’ve decided this shall be written in turn by the three of us. To kick things off, the guys have given me the honour of writing this first issue. In what can only be described as one of the most challenging trading environments in our professional lifetimes, its [...] Read More...
Briefing 17 – 6th November
By: England and Company | 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: England and Company | 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: England and Company | 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: England and Company | 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: England and Company | 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: England and Company | 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: England and Company | 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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RESEARCH AND DEVELOPMENT TAX RELIEF FOR SMEs
By: England and Company | Published 6th October 2020
What is R&D Research and Developments (R&D) relief supports companies that work on innovative projects in science and technology. A company that seeks to research or develop an advance in their field, even if a project is ultimately unsuccessful, can make a claim. Work qualifying for R&D relief must be part of a specific project […]
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