Insights

The fifth Self-Employment Income Support Scheme grant covering the period May 2021 to September 2021 is now open for claims. The amount will be determined by how much turnover has been reduced in the year April 2020 to April 2021. To make a claim, applicants will need...

A number of businesses are required to apply for Top Up Grants of £5,000 and £10,000 and applications are now open. The Small Business Support Grant Top-Up Scheme provides financial support of up to £5,000 to businesses that received the £10,000 Small Business Support...

Businesses in Northern Ireland selling goods to consumers in the EU can now register for the One Stop Shop (OSS).  The One Stop Shop allows businesses to manage and report the VAT due on EU distance sales, and make payments in one place, instead of having to register...

We have proven time and time again that Northern Ireland businesses are resilient. Now, many businesses are having to work smarter than ever to deal with the ongoing effects of Covid19, the uncertainty over Brexit and getting the business back “to normal”. Staff...

Are you considering buying a holiday home/ holiday let or a buy to let? Why you need to know the difference. With the ongoing travel restrictions, we are all having to holiday at home and “stay local”. As we head into a second summer of staycations, many are...

In his recent article “Ensuring where possible the NRB is available to minimise IHT”, Tax Manager Chris Bradley discussed the Nil Rate Band (‘NRB’) and a few key points to be aware of. In his latest article, Chris outlines some of the key points in relation to...

We were so pleased to have Rebecca Weir join our Audit & Assurance team in September.  She brings over 4 years’ experience in Auditing, having worked with multinational clients and for leading global professional services firms. Rebecca holds a BSC (Hons) in...

What is Inheritance Tax? Inheritance tax (‘IHT’) is a capital tax on an individual’s estate when they die. An individual’s estate comprises of all property, possessions and money owned at the date of their death. The current rate of IHT is 40% and is payable on...

Working from home has been necessary for many employees over the last year and now that some of the Covid 19 restrictions are being relaxed there is a lot of press and speculation on whether or not working from home will become our “new normal”. Having the flexibility...

Employers who have overclaimed grants from the Coronavirus Job Retention Scheme or wish to make a voluntary repayment if they do not want or need the grant can find out more about the repayment process here. For any queries on the Coronavirus Job Retention Scheme...

Our working model has changed and will continue to change and this will be focus of the next virtual panel discussion hosted by the Chief Officers 3rd Sector (CO3) on May 6th from 12 noon . Local experts will discuss how the working model has changed, if these changes...

Matthew Stubbs joined us in 2018 and was one of our first employees to have completed Belfast Met’s Higher- Level Apprenticeship. He is pictured right with mentor Michael Boylan and Partner Joanne Small.  Matthew says, “My favourite subjects at school were Business...