Last week Rishi Sunak announced the Job Support Scheme to replace the Coronavirus Job Retention Scheme (CJRS). Hundreds of thousands of workers remain on Furlough and are reliant on these government payments. However, in October the CJRS payments reduce to 60% of the employee’s wages, up to £1875, with the employee [...]
Growing businesses need people. You only have 1 pair of hands and unless you want to spend all of your time bogged down in admin and firefighting problems, you will need people (whether employees or subcontractors) to do all of the things that you either do not have time to do or [...]
Some businesses find it easy to find customers, they're tripping over the work and can’t cope with the amount they have, but many find it difficult and the biggest worry is where is the next customer coming from. One of the reasons for this is that most of the people that [...]
It has been widely reported that, in order to pay for the support provided during the lockdown, taxes will need to rise. This is no major surprise, after all, there is no magic money tree, and the support must be paid for. The issues that the Government face are complex and [...]
Accsys Accountants have been rated the top three accountants in Maidstone for 2020. The Three Best Rated team base the Top Three Accountants Award using a 50-point inspection. This includes reputation, history, value for money, satisfaction and clients reviews. The Three Best Rated team advise that they only display businesses that [...]
Aside from your home, your car is probably one of the biggest expenses you face and how you own this is one of our most frequently asked questions. This blog then investigates how best to own this expensive but essential asset. Personally, or in your Limited Company. Owning Your Car Personally [...]
A Cash flow forecast is used to predict your business’s future financial position for the period ahead. Your forecast allows you to see what money you expect to be paid into the business and the amount you’ll need to payout. It’s a useful tool to help you manage your business more [...]
Here are our frequently asked questions of the month from our clients and the answers. Q: Can we bring someone back full time and then re-furlough them next month part-time? A: Yes, as long as the employee has been furloughed for 3 weeks from the 10th June, you can ask them [...]
The last 5 months have seen a seismic shift in most areas of British Life and personal finances have been no exception. With the uncertainty that Covid-19 has caused we have seen unprecedented government support, a crash and rally of the stock market and mass redundancies. We thought it would be [...]
Making Tax Digital (MTD) is the electronic filing of tax information to HMRC, and there have been some important dates announced this week. MTD for VAT Since April 2019, most VAT-registered businesses with taxable turnover above the VAT threshold of £85,000, have been mandated to keep digital VAT records and to [...]
