Accounting News

Covid-19 – Dairy Farmers’ Covid-19 Fund

Covid-19 – Dairy Farmers’ Covid-19 Fund

The dairy farmers’ Covid-19 fund is open for applications. The fund is open to farmers who have experienced losses of 25% of their income (or more) during April and May 2020 due to a reduction in demand for dairy products. Applications are...

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COVID-19 – Flexible Furloughing From 1st July 2020

COVID-19 – Flexible Furloughing From 1st July 2020

You can start to flexibly furlough eligible employees from 1‌‌‌ ‌July onwards. From 1‌‌‌ ‌July, you can claim a more flexible grant for any employee you have previously received a Coronavirus Job Retention Scheme grant for, and who now returns to...

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COVID-19 – Extension To Job Retention Scheme

COVID-19 – Extension To Job Retention Scheme

The Chancellor, Rishi Sunak, has announced more details about the extension to the Coronavirus Job Retention Scheme (CJRS), with the key details outlined below for you. Flexible Furloughing From 1 July 2020, you’ll have the flexibility to bring previously furloughed employees back...

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COVID-19 – Government Announces “Bounce Back” Loans

COVID-19 – Government Announces “Bounce Back” Loans

The Government has announced a new 100% Government backed loan scheme for small businesses. Small businesses will benefit from a new fast-track finance scheme providing loans with a 100% government-backed guarantee for lenders, the Chancellor has announced. Rishi Sunak said the new...

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COVID-19 – Expanded Retail Discount Scheme

COVID-19 – Expanded Retail Discount Scheme

The government has launched an Expanded Retail Discount Scheme, providing 100% business rates reliefs to certain businesses in 2020/21, regardless of their rateable value. Please note that this applies to England only. Properties that will benefit from the relief will be...

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COVID-19 – Support For The Self Employed

COVID-19 – Support For The Self Employed

Millions of self-employed individuals will receive direct cash grants to help them during the coronavirus outbreak. In the latest step to protect individuals and businesses, the Chancellor Rishi Sunak, has set out plans that will see the self-employed receive up to...

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A Guide To The Budget 2020

A Guide To The Budget 2020

On 11 March 2020, the Chancellor of the Exchequer, Rishi Sunak, delivered his first Budget in the House of Commons. Just before the Budget announcement, Mark Carney from the Bank of England announced a reduction in UK interest rates from 0.75%...

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