The temporary reduction in VAT for hospitality is a welcome move, but as always businesses should beware of the details. The changes in the VAT rate designed to help hospitality businesses should prove an incentive for customers to spend, whilst helping businesses...
During the 2020-21 rating year most business ratepayers in Northern Ireland will benefit from a 4-month rates holiday and many from a 12-month rates holiday as part of the NI Executive’s support measures offered to businesses as they deal with the impact of COVID-19....
On 31 July, the Government released an outline paper with more detailed guidance on the Job Retention Bonus announced by the Chancellor as part of the ‘Plan for Jobs’ on 8 July. The Job Retention Bonus is designed to provide additional support to employers...
In the heat of a financial crisis, such as the one we are presently going through, companies must focus on their financial viability. When businesses run into financial difficulties and need to reduce costs, the knee-jerk reaction is often to consider the scope for...
The Self-Employment Income Support Scheme allows those in Partnerships as well as Sole Traders that have been adversely affected by COVID-19 to claim a taxable grant of 80% of their average monthly trading profits, paid out in a single instalment covering three...
Each year we welcome a number of interns and graduates to our team. This year, for a few trainees, things have been a little different. We spoke to Ashleigh, who is currently on our Graduate Training Programme. “These have definitely been strange times, and certainly...