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Our handy guide to the Self Employment Income Support Scheme (SEISS)

Good news! The Government has announced that there will be another grant to support the self employed. It is called the Self Employment Income Support Scheme Fifth Grant (SEISS). This is likely to be the final SEISS grant and will cover the months from May to September 2021. This will be open to claimants from […]

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How to calculate the Coronavirus Job Retention Scheme (CJRS) Extension

CJRS Update Great news! The Coronavirus Job Retention Scheme (CJRS) has been extended from 30 April to 30 September 2021. This means that employees can continue to be paid 80% of their usual pay for hours not working up to £2,500 per month. What does this mean for employers? Employers are required to contribute 10% […]

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Ultimate Guide to Capital Allowances and Super-Deductions

What are Capital Allowances? Capital allowances are a way of allowing taxpayers to write off the cost of certain capital assets such as equipment, vehicles, furniture etc. These allowances are deducted when working out the taxable profit of the business. Change to Capital Allowances in the budget On 3rd March 2021, the Chancellor announced that […]

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