Insights

This week, we’re catching with up with Graduate Tax Trainee, Ciara Mallon. Ciara began working for Baker Tilly Mooney Moore in 2020 and has had a very busy January, dealing with the personal tax deadline for the first time! “Before graduating from Queen’s University...

We caught up with Restructuring and Insolvency Manager, Claire Mateer, to find out how she has found working from home during a year of lockdown. “I have two young children so when the lockdown was announced on 23 March 2020, I was thrown in at the deep end trying to...

Following a year of unforeseen and unparalleled change in the world of work, Consulting Partner Donal Laverty examines the key areas businesses should be focusing on in 2021 when it comes to their employees. Diversity and Inclusion Diversity makes good business sense,...

Grant Deadline Reminders  Self-Employment Income Support Scheme - the deadline for claims for the third round of grants is 29 January 2021.  Read more here. Newly Self-Employed Support Scheme - the deadline for applications is 5 February 2021.  Read more here. Loan...

The effects of the pandemic on local businesses, such as slashed revenues and emergency redundancies, have been costly, but so too has its cycle of lockdowns and the investment made by businesses to accommodate employees working from home and abide by wider guidelines...

The Limited Company Director’s Support Scheme provides an initial one-off taxable grant of £3,500 to eligible company directors. This scheme is now open for applications and closes on 18 February 2021. Check the eligibility and apply here. The Large Tourism and...

By Stephen McConnell, Business Services Partner 2020 has certainly been a challenging year for businesses not only here in Northern Ireland, but globally. Locally, city centre locations are of course struggling.   Office workers are working from home and so vital...

Following the recent announcement of the new lockdowns across the UK and the closure of schools, there will be many employees who are, again, struggling to juggle the demands of work and home schooling their children. HMRC has updated its guidance for employers as...

Almost every business owner would agree that 2020 has been one of the most challenging years. Firstly, Covid 19’s impact on business closures and with the looming impact of Brexit largely still to be felt, who knows what is around the corner? However, as has been said...

If under the relaxations for Covid 19, you deferred VAT during the first lockdown between 20 March and 30 June 2020 and still have payments to make, you can pay the deferred VAT in full on or before 31 March 2021 or opt in to the VAT deferral new payment scheme when...

The Annual Investment £1million cap has been extended to 01 January 2022 (originally due to revert to £200K on 01 January 2021). HMRC has extended the £1million Annual Investment Allowance to boost confidence as companies look to weather the pandemic and plan for the...

If any of your employees are EU, EEA or Swiss citizens, they and their family will need to  apply to the EU Settlement Scheme to continue living and working in the UK after 30 June 2021.  The EU Settlement Scheme applies to all EU, EEA or Swiss Citizens (excludes...