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What are the tax bands and thresholds for 2021-22

Tax took the lead in Rishi Sunak’s pandemic budget. Around it revolves the central question of how thed UK will balance the books. Do you raise revenue by pushing up taxes or encourage growth by [...]

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March 2021 Budget Highlights

We have summarised the key points from the 3rd March 2021 budget that might impact business owners.   Corporation Tax Rate increase From 1 April 2023, the rate of corporation tax will [...]

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What’s Happening with IR35 in 2021?

The Government’s delayed IR35 rule changes are almost upon us. The regulations which were postponed due to Coronavirus are due to come into force in April. However, none of the controversy has [...]

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What the Latest Government Support Package Means

With lockdown being imposed to the whole of England the Chancellor Rishi Sunak has been working hard to keep up. As a result, we’ve now had several updates to his support packages for businesses [...]

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How Will the Winter Economy Plan Work?

The end of the furlough scheme has been hanging over the business world ever since the Government announced the extension in May. However, with the number of positive cases on the rise and local [...]

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Coronavirus Job Retention Scheme is coming to an end

From Monday the furlough scheme enters the next phase of its wind down as businesses are asked to increase the amount they contribute to the wages of furloughed workers. With warnings echoing [...]

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Paying for Lockdown

COVID 19 has plunged the world into the biggest economic slump for 300 years. Hundreds of billions of pounds have been spent supporting the economy and attempting to protect jobs. Sooner or later [...]

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Can Employers Force Staff to Come Back to the Office?

Can Businesses Force Workers Back to the Office? New rules will give bosses more leeway in requiring their employees to come back to the office, but many may choose to stick with remote working.  [...]

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How the Flexible Furlough Scheme Works

As the Government tries to chart a course towards the easing of lockdown restrictions, Chancellor Rishi Sunak has been setting out how the flexible furlough scheme will work over the coming [...]

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Bounce Back Loan Scheme (BBLS) for Small Businesses

Over the last few weeks, the unprecedented has come to be run of the mill. We’ve become accustomed to the Chancellor Rishi Sunak announcing state interventions into the economy on a scale never [...]

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