Spring Statement 2022

Spring Statement 2022

Spring Statement 2022 Against a backdrop of rising inflation, Chancellor Rishi Sunak presented his first Spring Statement on Wednesday 23 March 2022. In his Spring Statement, the Chancellor announced a cut in fuel duty for petrol and diesel as he sought to ease the impact of rising prices for households and businesses. The Chancellor will…

Budget update

Autumn Budget update 2021

Autumn Budget 2021 The Chancellor Rishi Sunak presented his third Budget update on 27 October 2021. In his speech he set out the plans to “build back better” with ambitions to level up and reduce regional inequality. For information of users: This material is published for the information of clients. It provides only an overview…

Flexible Furlough

Furlough Scheme Update

Extension to the Coronavirus Job Retention Scheme (Furlough) The Coronavirus Job Retention Scheme (CJRS) has been extended until the end of September 2021. The UK Government will continue to pay 80% of employees’ usual wages for the hours not worked, up to a cap of £2,500 per month, up to the end of June 2021.…

Government Support update lockdown 2.0

Government support update lockdown 2.0 The Government have issued further guidance on the support packages available during Lockdown 2.0. The continually changing guidance has proved challenging, however, we are dedicated to supporting you.  We have therefore summarised the details of the updated guidance for you… ✅ Extension to the Coronavirus Jobs Retention Scheme (CJRS) The CJRS…

Making Tax Digital

Making Tax Digital update

Making Tax Digital update HMRC have released a Making Tax Digital (MTD) Update, releasing revised proposed dates for its full implementation. They have released details on their 10 year strategy here. What is Making Tax Digital? Making Tax Digital is HMRC initiative to move businesses to keeping digital records and to report their financial information…