Blog + News

  Announced by the Chancellor on 20 April, the Future Fund issues convertible loans to innovative UK companies with good  potential, that typically rely on equity investment and are currently affected by Covid-19. More

  In response to the exceptional circumstances we find ourselves in due to the COVID-19 pandemic the SORP-making body have issued guidance around the potential implications for charity financial reporting. More

With many employees currently working from home due to the Covid-19 lockdown, it’s worth highlighting some of the key opportunities for employers to provide financial support tax efficiently to staff who are remote working:  . More

  Cloud accounting is allowing many businesses to maintain ‘business as usual’ when it comes to keeping on top of their finances. More

Government Furlough Scheme extended by another 4 months to reflect continuing social distancing measures. More

  Request HMRC to extend payment period for customs/import VAT duty on 15 May HMRC have opened an approval process for businesses who are experiencing severe financial difficulties as a result of COVID-19 and are. More

  After a lot of complaints from those (usually high growth) companies based in serviced offices and co-working spaces, the government is now offering £617m worth of funding to help co-working space tenants and market. More

  Covid-19 has had wide ranging impacts on the world. So far as the going concern concept for financial statement and in particular the audits thereof are concerned however, nothing has changed. More

Application Process for Emergency Government COVID-19 Funding for Small and Medium Charities Announced Further to Chancellor Rishi Sunak’s announcement on 8th April of additional support worth some £750m for the sector the National Lottery Community. More

Managing Cash flow The Chancellor announced that businesses would not be required to make VAT payments due between 20th March 2020 and 30th June 2020. However, this scheme only defers the VAT liability. More