Tax Relief for Your Capital Expenditure

Tax Relief for Your Capital Expenditure

If you are planning any significant capital expenditure you should ensure it is before 31 December 2020 to maximise tax relief. The current £1m Annual Investment Allowance (AIA) limit is only available for qualifying expenditure incurred in the two calendar years...
Deadline Approaching for Notifying HMRC of Overclaimed JRS

Deadline Approaching for Notifying HMRC of Overclaimed JRS

Organisations that have overclaimed a Job Retention Scheme grant and have not yet notified HMRC should act now. You must notify HMRC by the latest of either: 90 days after the date you received the grant you were not entitled to 90 days after the date you received the...
Invest NI Operated Support Schemes Launched

Invest NI Operated Support Schemes Launched

Two new initiatives operated by Invest NI open today. Digital Selling Capability Grant The £1 million Covid-19 Digital Selling Capability Grant will provide a maximum grant of £20,000 to eligible small and medium-sized retailers to support 50% of eligible costs....
New Government Support Schemes

New Government Support Schemes

Covid-19 Recovery Revitalisation Scheme The Department for Communities and the Department of Agriculture, Environment and Rural Affairs have announced an investment of £11m to support organisations in their economic recovery from the impacts of Covid-19. The funding...
Deadline Approaching for Notifying HMRC of Overclaimed JRS

Furlough Scheme Update

As summer turns to Autumn, the end of the UK Government’s Coronavirus Job Retention Scheme is also soon to come to an end. We already know that since June 2020, the scheme has been closed to new entrants, and it is currently due to close entirely on 31 October 2020....
Who Do You Trade With?

Who Do You Trade With?

By Angela Keery, Tax Director Time for businesses to refocus on Brexit Earlier this year most of us moved from considering Brexit to battling Covid-19 and all of the ways it has impacted business in Northern Ireland, relegating any Brexit planning to “another day”....