Blog
18/03/21 – Changes to National Living Wage
In a historical move, the Government announced on 25 November 2020 that the National Living Wage (NLW) would not only be increasing in 2021 but that the age threshold would be lowered also. You will need to know what the HR consequences of this will be on your business plus a reminder of the rates.…Read More
16/03/21 Imminent Tax Changes for Personal Service Companies
04/03/21 Spring Budget Summary 2021
22/01/21 Year End Tax Review
10/12/20 HMRC will publish some of the employer’s claim information for Job Retention Scheme
HMRC will publish some of the employer’s claim information Employer claim information that HMRC will make public As part of HMRC’s commitment to transparency and to deter fraudulent claims, we will publish information about employers who claim for periods starting on or after 1 December 2020. The following information will be published on GOV.UK: the…Read More
25/11/20 Are you Ready for the New (BREXIT) Rules for Businesses and Citizens from 01/01/21?
Are you Ready for the New Rules for Businesses and Citizens from 01/01/21? There is just over a month to go until the end of the Brexit transition period and there will be new rules to follow from 1st January 2021 onwards for both businesses and citizens. Please do check to see if there is…Read More
03/11/20 Furlough Scheme Reinstated for Winter lockdown
Furlough Scheme Reinstated for 2nd National Lockdown The furlough scheme has been reinstated with the similar conditions as applied in August 2020. The CJRS grant will pay for 80% of the employee’s current wages for time not worked, up to £2,500 per month. The employer must pay for all the employer’s NIC and employer’s minimum workplace pension contributions on…Read More
14/10/20 New Job Retention Scheme November 2020
New Job Support Scheme – Starting 1st November 2020 The new Job Support Scheme is designed to protect viable jobs in businesses who are facing lower demand over the winter months due to Covid-19, to help keep their employees attached to the workforce. How does it work? The company will continue to pay its…Read More
30/09/20 Winter Economy Plan
Covid winter rescue plan: What you need to know Chancellor Sunak revealed five measures to help businesses survive into 2021: a job support scheme, more SEISS grants, improved loan terms, further deferrals of tax payments and a continuation of the 5% VAT for the hospitality sector. Trick or treat came early this year as during…Read More
08/08/20 Corona Virus Business Interruption Loan Scheme – CBILS
Corona Virus Business Interruption Loan Scheme – CBILS This UK government initiative, whilst the business remains primarily responsible for the repayment, comes with a 80% guarantee being offered by the Government to the lenders and has seen significant activity since it was introduced, with over £50 billion lent so far. The current, main eligibility criteria…Read More
23/07/20 Coronavirus Business Support Guide Updated
We’ve updated our vital read – the Coronavirus Business Support Guide, whether you an individual, own a business owner or are a sole trader, you will find this guide extremely helpful. If you are not already a client of CCL Accountants Milton Keynes and would like to join our client portfolio, please call us on…Read More
16/07/20 Tax Protection Investigation Scheme – Find Out More…
09/07/20 Summer Economic Update
Here are the Summer Economic Update highlights. We will update you on the details in the next few days as the Government publishes the specifics of the supports. The “Plan for Jobs” PDF can be seen: https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/898421/A_Plan_for_Jobs__Web_.pdf CORONAVIRUS JOB RETENTION SCHEME (CJRS) AND JOB RETENTION BONUS The CJRS ends in October and the Chancellor looked…Read More
09/07/20 Extra Benefits of joining the Tax Investigation Fee Protection Scheme
If you join Camfield Chapman Lowe’s Tax Investigation Fee Protection Scheme you don’t just get the benefit of being protected from the costs associated with a HMRC tax investigation but you have FREE access to the advice lines below. Employement Law, Health and Safety Advice and Commercial Legal Advice. You will also receive discounts on…Read More
