By Tom Maxwell In Advice, Blog, NewsPosted 05/11/2020 COVID-19 Update – 5 November – Furlough extended and SEISS and funding increased It isn’t possible to write emails in pencil, but we may have to find a way given the volume of changes in the last four days… Workers across the UK are set to benefit from the increased support [...] 0 Read More
By Tom Maxwell In Advice, Blog, NewsPosted 05/11/2020 COVID-19 Update – 5 November – Changes to universal credit for self-employed extended The minimum income floor used to calculate universal credit payments for the self-employed will remain suspended until April 2021 due to the ongoing impact of COVID-19. In March the government [...] 0 Read More
By Tom Maxwell In Advice, Blog, NewsPosted 04/11/2020 EMI to continue after Brexit transition HMRC has confirmed that Enterprise Management Incentive (EMI) schemes will continue to be available after 31 December 2020 under UK law. In its latest Employment Related Securities Bulletin (37), [...] 0 Read More
By Tom Maxwell In Advice, Blog, NewsPosted 03/11/2020 COVID-19 Update – 3 November – SEISS Grant, Loan Schemes and Future Fund Extension SEISS Increase The Self-Employment Income Support Scheme Grant is being extended from 1 November 2020 and the government will increase support under the third instalment, with people receiving [...] 0 Read More
By Tom Maxwell In Advice, Blog, NewsPosted 02/11/2020 COVID-19 Update – 2 November – Further Economic Support People and businesses will be provided with additional financial support for the next phase of the government’s response to the coronavirus outbreak. Business premises forced to close in [...] 0 Read More
By Tom Maxwell In Advice, Blog, NewsPosted 02/11/2020 COVID-19 Update – 2 November – CJRS being extended until December The Government have announced that the Coronavirus Job Retention Scheme (CJRS) will continue and be extended until December for all UK businesses. Therefore, it is not closing on 31 October as [...] 0 Read More
By Tom Maxwell In Advice, Blog, NewsPosted 30/10/2020 COVID-19 Update – 30 October – Job Support Scheme The Government’s Coronavirus Job Retention Scheme will come to an end on 31 October 2020 and will be replaced by the Job Support Scheme from 1 November 2020. The new scheme will be available for [...] 0 Read More
By Tom Maxwell In Advice, Blog, NewsPosted 28/10/2020 COVID-19 update – 28 October – Parents on JSS or SEISS to remain eligible for childcare support The government has confirmed that parents whose salary is being partially paid by the government support schemes will continue to be eligible for 30 hours free and tax-free childcare support. [...] 0 Read More
By Tom Maxwell In Advice, Blog, News, Tax TipsPosted 26/10/2020 Taxation of Properties – Separation & Divorce Although tax is not the only consideration in a divorce, knowing the rules and understanding the tax implications can ensure that separation and divorce is managed in the most tax-efficient way [...] 0 Read More
By Tom Maxwell In Advice, Blog, NewsPosted 23/10/2020 COVID-19 Update – 23 October – Updated Job Support Scheme The Chancellor provided updated guidance in Parliament on 22 October 2020 on the Job Support Scheme (JSS). This replaces the previous announcement he made on 24 September 2020. The update related [...] 0 Read More