From 1 May, the Government has made a number of changes to how the Job Retention Scheme works for furloughed workers. This scheme was put into place to try and minimise staff redundancies due to COVID-19. The Coronavirus Job Retention Scheme has been extended several times but is currently due to close at the end
What does your job as Payroll Manager involve? I run the payroll department and take care of managing and processing weekly, monthly, and annual payrolls as well as auto-enrolment pension scheme management. What does a typical working day look like for you? At the moment my time is split between the office and home, but
HMRC has confirmed that the online service for applications for the self-employment income support scheme (SEISS) is now open for online claims. The Government has estimated that due to the new criteria, over 600,000 individuals may be newly eligible for the fourth and fifth SEISS grants, including many newly self-employed. Fourth SEISS Grant The fourth SEISS
What does your job as Tax Manager involve? I mainly deal with personal tax and my job involves completing and submitting the annual self-assessment tax returns for all our clients which include a mixture of Company Directors, Partnerships, sole traders and Landlords. I also work with our Directors on tax planning to ensure our clients
Do you provide benefits to your staff or Directors? If so, then you need to make sure you complete your P11D Forms. What is a P11D? The P11D form is used to report benefits in kind. These are items or services which are considered to be of personal benefit to an employee or Director in
Businesses across England can now apply for a Government grant of up to £18,000 designed to help businesses that are in the non-essential retail, hospitality, accommodation, leisure, personal care or gym sectors that have had to close due to lockdown restrictions as a result of the Coronavirus pandemic. This scheme will replace the Local Restrictions
Last month during the Spring Budget, the Chancellor announced that the Government were increasing the incentive payments for hiring a new apprentice. Employers will now receive £3,000 for new employees of any age who start their apprenticeship from 1 April 2021 to 30 September 2021. There will be no limit on the number of incentive
What does your job as Accounts Semi Senior involve? My primary role is to complete annual accounts on behalf of companies, but I also work with a few clients who require weekly support to do their bookkeeping, VAT returns & management accounts. I also assist the bookkeeping team as and when they require. What does
Tell us a little bit about your business – when it started etc? I am the founder of Futures Recruitment Services Ltd which launched in 1999. We are a generalist agency and the journey to where we are now has, on the whole, been exhilarating, heart warming and lots of fun along the way. My mantra
In the Spring Budget 2021, it was announced that a new loan scheme was to be introduced to help small, medium and large UK businesses called the “Recovery Loan Scheme” which would replace existing Coronavirus loan schemes due to come to an end. From 6 April 2021 the Recovery Loan Scheme (RLS) will provide lenders
You might think that your accountant is totally different to you and your business. Well the truth is we’re not…. Most accountants are small business owners and have either been a start-up themselves or have a lot of experience helping businesses from the outset. Gone are the days that accountants just sit behind a desk
The UK government has unveiled a £20 million Brexit support package to help small and medium-sized enterprises (SMEs) with changes to trade rules with the EU. The SME Brexit Support Fund aims to help businesses prepare for the implementation of import controls which come into force from April and July. Businesses who trade only with
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