News

Allowable expenses at home The COVID-19 lockdown has resulted in many individuals working much more from home.  There are, of course, many who are struggling to maintain their income but we thought it would be useful if we set out …

Delivery & Take-away – how to adapt for VAT The food and hospitality sector (restaurants, bars, cafes, canteens and similar establishments) have been hit particularly hard by the Covid-19 lockdown.  Businesses are having to adapt quickly to survive, for example, …

Step by Step Guide The HMRC claim portal went live this week and many clients have already claimed their grant from the government, which is great news. We are aware that a few people have reported problems and therefore I …

How can employers can support staff returning to work? After our A4C zoom meeting last week, many of our clients voiced their concerns about employees not wanting to go back to work.  It is a completely understandable reaction according to …

Borrow between £2,000 and £50,000 The government have launched a new scheme to support smaller businesses, aimed at those who were struggling to obtain financing via the Coronavirus Business Interruption Loans (CBIL). The government guarantees 100% of the bounce back …

Life doesn’t have to stop because of the Coronavirus Pandemic! At a4c we’ve been embracing online video calls to keep in touch as a team and to continue meetings with our clients, where they would normally have come to the …

What are the key rates and bandings for the year ahead? The Personal Allowance, the amount you can earn before paying any Income Tax, remains at £12,500 for the 2020/21 tax year. The threshold for paying the Higher Rate of …

Coronavirus Job Retention Scheme *** UPDATED 11/06/2020 *** The rules of the scheme are changing from 1 J‌ul‌y 2020 From 1 July, you’ll have the flexibility to bring previously furloughed employees back to work part time, you can decide the …

Self-employment Income Support Scheme *** UPDATED 11/06/2020 *** The Chancellor also announced plans to extend the Self-Employment Income Support Scheme (SEISS) for those people whose trade continues to be, or is newly, adversely affected by COVID-19 (coronavirus). Eligible self-employed people …