Chartered Accountants Leeds
The Government has now confirmed details of the ‘Eat Out to Help Out’ scheme, announced by the Chancellor at his Summer Economic Update on Wednesday 8 July. The scheme covers the cost to restaurants, cafes and pubs that sell food
As a result of the recent restrictions, many businesses have, for the first time, switched their focus to online sales. Whilst this has opened up many new opportunities it has also posed greater challenges, one being pricing. Many business owners
The fundamentals of improving business profitability comes down to five key factors: Reducing costs Increasing turnover Improving efficiency Increasing productivity Innovation and development. In light of the current crisis, it is worth considering some top tips for improving profitability. Cost
An important element of healthy cash flow is the credit control process. Smaller businesses in the UK have historically struggled to recover payments, especially from larger clients. To help, the Government has tried to introduce new legislation. However, in many
As businesses look to rebuild and recover from the trading challenges of COVID-19 in the coming weeks and months it is vitally important that they manage and maintain good cash flow to ensure they remain viable and can trade. To
Due to the ongoing Coronavirus crisis, there will inevitably be an increase in businesses experiencing financial difficulty and insolvency, especially as the Government begins to withdraw its package of financial support for companies. This may present an opportunity for those
From 6 April 2020 residential property owners only have 30 days from sale completion to file an online return and make a tax payment on account if there is capital gains tax (“CGT”) to pay on the disposal. This online
The Chancellor has confirmed the extension of the Self-Employment Income Support Scheme (SEISS), with the announcement of a second and final grant to support the income of self-employed individuals during the Coronavirus outbreak. The first and current round of grants
The Chancellor, Rishi Sunak, has announced a series of changes to the Coronavirus Job Retention Scheme (CJRS) from July that will see furloughed employees able to return to work part-time, but with the value of Government support reducing gradually from
Due to the ongoing Coronavirus crisis, it is inevitable that we will see an increase in businesses experiencing financial difficulty and potentially insolvency, especially as the Government begins to withdraw its financial support for companies. Although many may see this
