Rishi Sunak announces a change in business support schemes  Another announcement – the changes are coming thick and fast, and just as we familiarise ourselves with one scheme, more changes are mad! This, however, will give some security to businesses that are forced to close, and those that historically struggle over [...]

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Rishi Sunak has today announced a change in the winter support schemes. The government have announced a raft of new financial measures to help support businesses through the pandemic. To read these changes in detail please visit our coronavirus business support hub. Just when you thought it could not get worse, [...]

Covid: Two-week circuit breaker 'may halve deaths', report says A two-week lockdown could be on the cards from the 24th of October, reports suggest. With the three-tier system in place only this week, scientist are warning that this is not enough to help reduce the spread of COVID. The 'Circuit breaker' [...]

How different circumstances affect the Self-Employment Income Support Scheme The Self-Employment Income Support Scheme, which has been running over the past few months has been extended to include a second grant .You can claim for the second grant even if you did not claim for the first. You have until the [...]

Thousands of UK firms may need to set up an EU office Both EU and UK law will require companies to ‘have a door to knock on ‘. It Is suggested that it will be vital for companies that trade in the EU will need a presence in the EU or [...]

With the pre-empted ‘second wave’ seemingly upon us, Rishi Sunak today announced the governments ‘Winter Economy Plan’ to help businesses cope with the new restrictions, as the recovery is put on hold for the winter it would seem. Who knows what further restrictions we will face, so this proactive approach should [...]

Rishi Sunak: New ways to protect jobs 'my priority'   The Chancellor has said that his number one priority is protecting jobs, due to the unemployment rate hitting the highest level in two years and the approaching end to the Furlough scheme.  Labour called for furlough scheme to be replaced when it ends in October, over [...]

Accsys Accountants Factsheets Launch We have launched several new factsheets, to offer helpful insights, on a range of topics. So far, the focus has been on Tax with topics such as: Tax efficient ways of getting paid from your company, How should I own my car? and Landlord Taxes explained. We [...]

Are Tax Rises on the Horizon?  It has been widely reported that to pay for the support provided during the lockdown that 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 faces are complex and varied – on one hand they have high national debt that needs [...]