Have you found yourself thinking about setting up a business lately? Think that you have what it takes to run a successful business? Also, make a success of yourself? If you do, you will need to make sure that you understand the process and all the significant decisions you need to make. Southside Accountants in Wimbledon are pleased to support you.
This guide will help you understand about setting up a business. Further, to support you make to make the right… Continue Reading
Today the Chancellor announced an extension of the Coronavirus Job Retention Scheme, supporting workers who are unable to work due to COVID-19 and will continue to provide 80% of workers wages until October 2020.
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A useful guide for employers and employees working from home due to coronavirus. See what support is available and what you can claim in expenses.
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HMRC will reimburse 80% of furloughed workers wage costs up to a cap of £2,500 per month per employee. The scheme will be in place for 3 months and if needed, be extended until the health crisis is over. Employer Q&A: Coronavirus Job Retention Scheme, your questions answered here.
HMRC are currently creating a new online portal so that all UK employers, regardless of size, will be able to seek assistance if they have employee(s) who have been designated as ‘furloughed’ workers, known as the Coronavirus Job Retention Scheme.
… Continue ReadingAs you know, the fallout from the Coronavirus pandemic continues, most businesses are adversely affected.
Please see link here as regards to the support available. We have summarised below the main points for small businesses to help understand clearly the help available during these extraordinary times.
… Continue ReadingPub owners have reason to celebrate as the Government pledges to a £1,000 business rates cut for pubs.
This valuable tax relief will be available to pubs with a rateable value of less than £100,000 available for a year from April 2020.
The welcome support to public houses is in addition to the previously announced cuts for small shops who will see their bills cut by 50 per cent.
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Let’s face it, who would want to be in Rishi Sunak’s shoes right now? Ok, he may have landed one of the most important jobs in the country as chancellor of the exchequer, but having to deliver one of the most important tasks of his job being only one month in? No easy task.
Our predictions for the 2020 Budget which will be delivered by Sunak on the 11 March.
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As a start-up or small business owner, you want to know you are operating legally and following best practice. Here are the main topics you need to know about and understand to some degree to ensure you are operating your business legally and above board.
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This question entirely depends on what is stated in the employment contract you have in place with your employee. Usually, if an employee is unable to make it in to work because of adverse weather conditions, they can take annual or unpaid leave or more frequently nowadays, employers are comfortable with staff working from home.
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As a self employed individual or a director of a limited company, you may be experiencing the best that a modern day accountant has to offer, or at least we hope so!
25 years ago, an accountant’s role was limited to review of numbers on paper, with a view to past performance. The stereotype of a middle aged, balding man in a suit with a calculator in his front pocket existed for a reason! At its core though still, the accountant’s goal was to provide business support via reliable numbers to help determine profitability and pay the right amount of tax.
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