The JSS is aimed to replace the coronavirus job retention scheme (CJRS) for furloughed workers, which comes to an end on 31 October 2020. The JSS will only apply to salaries or wages paid in the period from 1 November 2020 to 30 April 2021, unless it is extended. Employees who are eligible Any employee […]

The 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. The scheme will open on 1 November 2020 and run for 6 months. The company will continue to pay its employee for […]

In these difficult trading times, we are finding that more and more clients are turning to us for help with planning, forecasting, cashflow and general business advice. One of the main areas of business difficulty at the moment is cashflow and this seems set to increase in the coming months as the government furlough system […]

Depending upon which part of the UK the property is situated you will pay either Stamp Duty Land Tax (SDLT) in England and Northern Ireland (NI), Land and Buildings Transaction Tax (LBTT) in Scotland or Land Transaction Tax (LTT) in Wales upon purchase. On top of that, if you are acquiring a residential property for […]

The Covid-19 situation and the ongoing health, economic and general well-being for individuals, families and businesses alike, continue to dominate both the UK and the World scene, and is likely to continue to do so for some time to come. Please take a look at our PayLessTax newsletter, as this Summer edition strives to tackle, […]

Busy payroll bureau in Holmfirth requires a payroll assistant to work 2 days per week processing client payrolls. Balance Payroll & Bookkeeping Services provide a range of business service to clients across the country and the payroll bureau service continues to grow. In order to service this growth we require an assistant to work 2 […]

Has your self-assessment business been adversely affected by coronavirus on or after 14 July 2020 in any of the following ways? Business accounts showing a reduction in turnover Confirmation of any coronavirus-related business loans you have received Your business had to close due to lockdown restrictions You or your staff were unable to work due […]

HMRC have published additional information on the Job Retention Bonus, including details on how to check if you’re eligible and what you need to do now to get ready to claim. You can find this by going to GOV‌.UK and searching ‘Job Retention Bonus – Policy Statement’. Job Retention Bonus Employers will be able to […]

This scheme will distribute £20 million of new government funding to help England’s smaller businesses recover from the effects of the coronavirus (COVID-19) pandemic. Funding will be allocated to Growth Hubs within each Local Enterprise Partnership (LEP), with a minimum of £250,000 for all LEP areas. Small and medium-sized businesses (SMEs) will be awarded grants […]

From 6 April this year it has become a requirement to report the sale of residential property to HMRC and pay any Capital Gains Tax within 30 days of the sale. This rule does not apply to your principal private residence but will most likely apply to any second residential property that you may own. […]