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Benefits in Kind

Posted by on 10.14.20 in Knowledge Base

Benefits in kind are benefits that employees or directors receive from their company which are not included in their salary or wages. Not all benefits in kind are treated in the same way by the tax system. Some are not taxed, but others are, and it can be hard to figure out where you stand. As well […]

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What government support is available for Covid-19

Posted by on 3.29.20 in Updates

In this article we aim to summarise the support the government is offering Businesses, Self-employed and Employees in response to the coronavirus outbreak. Self-employment Income Support Scheme The Self-employment Income Support Scheme (SEISS) will support self-employed individuals (including members of partnerships) whose income has been negatively impacted by COVID-19. The scheme will provide a grant to self-employed […]

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Government reveals further £300bn to support the economy

Posted by on 3.17.20 in Updates

Today the chancellor Rishi Sunak announced further help £300bn (15% of GDP) to keep the economy alive throughout the coronavirus outbreak. This extra financial help to the Coronavirus support for businesses and employees announced in the Budget 2020. Any business who needs access to cash to pay their rent, salaries, suppliers or purchase stock will […]

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Budget 2020 highlights

Posted by on 3.15.20 in Updates

On 11th March 2020 the Chancellor Rishi Sunak delivered government’s budget. In this article we outline some of the most important uptakes in the budget announcement. As part of the budget the government announced measures to help businesses and employees get throughout the coronavirus outbreak (COVID-19). Please see our earlier article here for more information […]

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Budget 2020

Posted by on 3.15.20 in Updates

COVID-19 support for businesses and employees This week on March 11 the chancellor announced the budget 2020, and among other things one of the most important announcement was the government’s respond to the businesses and employees directly affected by the Coronavirus (COVID-19). The measures include: Support for individuals The Budget announces measures to support people […]

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