Insights

Northern Ireland Protocol Customs Duty and VAT

Northern Ireland Protocol Customs Duty and VAT

Important information for businesses who move goods between Great Britain and Northern Ireland from 1st January 2021. Trader Support System (TSS) Due to the UK’s obligations under the Northern Ireland Protocol, customs declarations will be required when moving goods...

Talking Tax at Christmas

Talking Tax at Christmas

2020 has been a year like no other and so it is hard to believe that the festive season is upon us once again. Normally, Christmas is a time for staff parties and team lunches. However, as we are faced with continuously changing rules on social distancing and...

Applying for Job Retention Scheme Payments

Applying for Job Retention Scheme Payments

From today, online applications can be made for the JRS for periods from 1 ‌November.  Claims for November must be made by 14‌‌ ‌December. What’s new in the support available CJRS has been extended to 31 ‌March 2021 for all parts of the UK. From 1 November, the UK...

Further Extension to the Furlough Scheme

Further Extension to the Furlough Scheme

The Government has announced a further extension to the Coronavirus Job Retention Scheme as part of its financial support for businesses in light of ongoing nationwide and regional restrictions. The CJRS (or the furlough scheme as it is often called) was due to close...

Supporting Employees Through Uncertain Times

Supporting Employees Through Uncertain Times

By Consulting Partner Donal Laverty Covid-19 has fast-tracked our future of work and changed how and where we work. Many of us now find ourselves returning to our homes (if we ever left them) to sit out this new lockdown and return to our kitchen tables and pick up...

Furlough Extension Announced

Furlough Extension Announced

The weekend brought the announcement that a four week period of restrictions will start in England on Thursday. As part of the supporting measures, the Job Retention Scheme will be extended throughout the UK in November. Broadly this will operate on the same basis as...

Welcome Updates to the Job Support Scheme

Welcome Updates to the Job Support Scheme

The Chancellor has significantly expanded the Job Support Scheme after objections from businesses, particularly those in areas under restrictions (including Northern Ireland) that they are facing massively reduced demand but less support from the government. Under the...

Self-Employment Income Support Scheme

Self-Employment Income Support Scheme

The deadline for the second grant of the Self-Employment Scheme is 19th October, those who have yet to make their submission should do so urgently. In delivering his Winter Economic Statement on 24 September, the Chancellor announced a welcome extension to this...

Time to Talk Inheritance Tax Planning 

Time to Talk Inheritance Tax Planning 

Are your tax affairs in order, have you minimized your Inheritance Tax liability and ensured your family knows your wishes? In these uncertain times, people should be looking to the future which includes thinking about health insurance, life insurance, pensions and...

Brexit  – Now is the time to address some key questions

Brexit  – Now is the time to address some key questions

Unfortunately, as we are getting closer  to 1 January 2021 and the end of the transition period, there is still an absence of clear information / guidance on how Northern Ireland Businesses in particular are to operate post Brexit. This does not however mean that we...

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