Job Retention Scheme Bonus
On 8 July 2020, the Chancellor announced his ‘Plan for Jobs’ outlining how the government will support the UK’s economic recovery.
Academies Alert - 2020 Academies Accounts Direction
ESFA have now published their supplementary bulletin to the 2020 Academies Accounts Direction
CJRS changes from 1 August
Since the Coronavirus Job Retention Scheme (CJRS) was launched in March, it is estimated that more than 1.2million employers have claimed grants for approximately 9.5 million employees.
VAT Alert - Making Tax Digital
At present, only VAT registered businesses with a taxable turnover greater than £85,000 are required to register for Making Tax Digital (MTD) and submit their returns through compatible software.
Structured Deposits
Stock markets have been volatile to say the least over the last few months, and in our opinion, will remain so until the Coronavirus pandemic is brought under control and the economic fallout assessed.
New Manager for Lovewell Blake in Halesworth
Chartered accountants Lovewell Blake have appointed Luke Jinkerson as business services Manager at their Halesworth office.
Summer Statement: Opportunity for tax planning following Stamp Duty Land Tax (SDLT) holiday announcement
The Chancellor of the Exchequer, Rishi Sunak, announced a string of measures in the recent summer statement, including a temporary change to Stamp Duty Land Tax (SDLT) with the aim to stimulate the property market during the coronavirus pandemic.
Charity accounts and COVID-19 reporting
As more and more charities look to finalise their 2020 accounts, it is inevitable that the implications of the COVID-19 pandemic will have had an impact in some way on the charity’s activities and financial position, which will need to be appropriately reflected in the financial statements.