Some news regarding recent announcements which are worth looking into, we are here www.shaikhandcoaccountants.com ,and are easy to reach if you need help with any of these. From 1‌‌ July the new CJRS “Flexible furlough” grant scheme starts, which will allow employers to gradually bring their furloughed employees back to work part-time. The new scheme will be…

A very topical and important scenario which turns up time and again, so here is up to date tax position revisited and I can hear sounds of relief from some of you that is not  another Covid related article, you have my sympathy I feel the same way.  Rules regarding reduced rate vat relief on…

Some important news as at 18 June 2020,  regarding the normalisation of the vat payments going forward after the earlier deferment facility Businesses who have taken advantage of The deferral of VAT payments under the government’s COVID-19 support package are reminded that the scheme ends on 30 June 2020 this is an opportunity to remind…

C19 BUSINESS NEWS UPDATE Today we catch up with the launch of the Local Authority Discretionary grant funds in England to help you deal with the economic impacts of coronavirus. The Government has been updating a lot of the support and guidance pages so please take time to flick through the newsletter to look for anything that may…

Written 1 June 2020 In this newsletter we detail the latest Government supports and guidance. The Furlough scheme is changing, and we will keep you updated about your record keeping requirements in due course. The self-employment support scheme has been extended and we detail this below. FAQ’s on what we can and cannot do have…

Keeping up to date with various proposed changes to the different types and the timelines for government help re Covid 19 is confusing, to make life a little easier, here is a brief summary, if you need detailed information  get in touch with us it is easy or alternatively it is all fully explained on…

Update of child benefit Local authority registrars have only been registering deaths during coronavirus pandemic; marriage and birth registrations are on hold. However, in order to claim Child Benefit the child needs to officially exist, as evidenced by the birth registration. Child Benefit payments can only be back-dated for up to 3 months, so a…

Written 22 May 2020 C19 BUSINESS NEWS UPDATE Time to reflect and plan ahead Hope you all are looking forward to a restful weekend, and worth taking the time to reflect on what we have been through and what we can do going forward. As we emerge slowly from lockdown, What is clear is that…

Something useful and topical to help you with the tax position regarding employees working from home Homeworkers’ expenses Many employees are now required to work at home as their workplace is closed. Some employers have been very supportive of their employees, providing all the equipment required, and reimbursing expenses, others not so much. As we explained in…

Dear all Something to ponder about, hopefully most will not have to think about this , but I believe forewarned is forearmed. What happens when the Job Retention Scheme ends? The Job Retention Scheme (JRS)  has now been extended to October 2020. This help from the Government has been a welcome relief at a time when…

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