Find out about the cash grant for businesses affected by local lockdowns. What is it? The government has announced several local lockdowns, during which some businesses have to close their doors. To help these businesses, and to protect jobs, the Government has announced a new cash grant. You will only be eligible for this grant… Read more »
Posts By: ilyas Patel
Job Support Scheme
Find out about the Chancellor’s new Job Support Scheme. What is it? Although the furlough scheme is coming to an end on the 31st of October 2020, the Chancellor has announced the new job support scheme, which will run from the 1st November for 6 months. This will help to pay the wages of workers… Read more »
Kickstart Your Business
Find out about the Government’s Kickstart Scheme for Under 25s What is it? The Government’s Kickstart Scheme has opened for applicants, but what is it? It has been created by the Government to help young unemployed people. The Government will provide funds to cover a six month job placement for people who are 16-24 years… Read more »
Posh Log Cabin → Office → Business Expense?
Find out whether your garden office could be a business expense. What is it? Working from home has been the dream for countless people across the country, and because of Covid-19 they have been doing, though not quite in the manner many expected. If Covid-19 continues and more people are working from home, there is… Read more »
5% VAT applies to more than you think
Find out about the Government’s temporary VAT cut and how you could potentially benefit. What is it? On the 8th July, the government announced that they would temporarily reduce VAT to 5% for certain supplies for hospitality, hotels, and holidays. This reduced rate started on the 15th July, and continues to the 12th January 2021…. Read more »
Six Month Tax Deferral
Find out how the Government’s Covid-19 tax extension could affect you. What is it? If you are self-employed, and have to pay tax above a threshold amount, you will have to make payments of account towards your tax next year. The second of these payments is normally due on the 31st July, however, due to… Read more »
£20 million boost to business
Find out about the Government’s new £20 million grant. What is it? The Government has announced a £20 million scheme to help smaller businesses access new technologies and professional advice to help them get back on track after the Coronavirus. The grants will range between £1,000 and £5,000 each and will be fully funded by the… Read more »
Green Homes Grant – Too Good to be True?
Find out about the Government’s new Green Homes Grant, and what it could mean for you! What is it? In July, the Chancellor, Rishi Sunak, accounced the Green Homes Grant. The Grant will provide £2 billion for people across England and Wales to improve their homes to reduce carbon emissions. The scheme will start in… Read more »
Get back on your bike!
Find out about the Government’s new “Fix Your Bike” initiative, which aims to get the country cycling! What is it? The Government is handing out thousands of £50 vouchers for people to get their bikes fixed. The hope is that this will boost the retail sector and get cash flowing again, as well as improving… Read more »
FHL Capital Allowances
Find out about how FHLs work for tax purposes in our tax tip. What is it? Over the past few years, Airbnb has become an essential part of the holiday industry. The way Airbnb works it that the property owner can rent out their property, or even just a room, on a short-term basis. Many… Read more »
