Reversal on Emergency Budget 2022 Chancellor brings forward further medium-term fiscal plan measures As the saying goes, a week is a long time in politics. However, recent events have been unprecedented. At the Mini Budget a new Prime Minister and Chancellor launched a new agenda, ‘The Growth Plan’. Three weeks later, after huge turmoil, a…
Mini Budget September 2022 The government’s plans for growth Chancellor reveals his plan for growth The week leading up to Chancellor Kwasi Kwarteng’s ‘Mini Budget’ may have been a short one due to the Queen’s funeral but the new government managed to fill it with a stream of policy announcements. Before Mr Kwarteng stood up…
Tax Free Childcare During the school holidays, many parents face having to organise extra school holiday childcare over the summer months. Working families can use the Tax-Free Childcare (TFC) scheme (Tax-Free Childcare – GOV.UK (www.gov.uk) to help if they have children aged up to 11 years old (17 for those with certain disabilities). The TFC…
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…
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…
How do we price for our services? A common query we are asked is how do we price for our services? At Dawes Accountants, we have moved away from charging by the hour and only offer fair fixed monthly fees for services delivered. No surprise billing, you will know what you will pay us each…
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.…
Self-Employment Income Support Scheme – future grants confirmed The UK Government has announced that the Self-Employment Income Support Scheme (SEISS) will continue until September with a fourth and fifth grant. The fourth and fifth grants will take into account submitted 2019-20 tax returns. This means you may be able to claim, even if they were…
Who can claim the 3rd SEISS Grant? We have seen this asked a few times across social media and by our clients, so here is a guide on the current guidance issued on who can claim as detailed by HMRC here; 1. Who can claim To be eligible for the grant extension self-employed individuals, including members…
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…