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£1000 Christmas grant for 'wet-led' pubs

The Prime Minister has announced an additional £1,000 Christmas grant available to pubs who are ‘wet-led’ (predominantly serve alcohol rather than food) which are in tier 2 and 3 areas.  

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HMRC Confirms Virtual Christmas Parties Can Be Tax Exempt

HMRC has confirmed that the annual parties exemption now also applies to the costs associated with virtual parties and festivities in the same way that it would for traditionally held parties.

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AIA to remain at £1 million to stimulate investment

HM Treasury has announced that the £1 million tax break to support business confidence is to be extended. 

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Changes to support measures for businesses impacted by COVID-19

With the second lockdown now in place across England, and many businesses required to close, the government has announced changes to the support measures available including the Job Retention Scheme (Furlough Scheme), Bounce Back loans and local council grants.

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Finance options for businesses affected by the Coronavirus

There are a number of financing options available to businesses who have been negatively impacted by the coronavirus pandemic. 

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83% of Owner Managed Businesses think tax increases should be delayed until recovery well underway

•    Early tax rises would hit business and consumer sentiment •    Businesses also want assistance targeted at those that need it – more means checking and anti-fraud checks  

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COVID-19: Furlough scheme extended and further support announced

The Coronavirus Job Retention Scheme (CJRS), (which was due to end at the end of October), has been extended for another month with employees receiving 80% of their current salary for hours not worked up to a maximum of £2,500.

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Self-Employment Income Support Scheme – the third grant

The Chancellor has recently announced an extension to the Self-Employment Income Support Scheme (SEISS)  with a third and fourth grant becoming available, covering the period of November 2020 to April 2021.

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COVID-19: Claiming working-from-home relief

You can claim tax relief for the whole year, worth £60 or £125 depending on your tax band even if you have only had to work from home for just one day.

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New Features From QuickBooks

QuickBooks have announced a raft of new features designed to help you get more out of your accounting software.

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COVID-19: Chancellor announces increased support for businesses and employees

The government have announced today some significant changes to provide additional financial support to businesses and employees affected by the coronavirus.  

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Moore UK reports 8.6% revenue growth for year ending 31 December 2019

Top 15 accounting and advisory network Moore UK today announces its full year revenue results for the year ended 31 December 2019. Revenue increased by 8.6% from £108.3 million to £117.5 million.