Your Accountant in Glasgow
At 6.00 am on Monday 17 October, the Treasury issued a press release announcing that the (new) Chancellor, Jeremy Hunt, would making a statement “bringing forward measures from the Medium-Term Fiscal Plan”. The timing of the press release suggested that the Treasury was concerned it had not done enough the […]
On 14 October, as an important deadline loomed for Bank of England support of the government bond markets to expire, the government’s political turmoil ratcheted up as the fallout from the ‘fiscal event’ of 23 September claimed its first scalp. A new Chancellor Jeremy Hunt replaced Kwasi Kwarteng as Chancellor, […]
With the ever changing situation, regarding coronavirus, HMRC have been updating their online guidance documents regularly. We wanted to bring your attention to a recent update to do with furloughed staff and Christmas. The main HMRC document we are going to discuss is this one: https://www.gov.uk/guidance/claim-for-wage-costs-through-the-coronavirus-job-retention-scheme The change regards the […]
Following the range of updates over the last several weeks, we have now rounded up the latest information from the government on specific schemes where additional detail was released. This update covers measures discussed on 4 May. Bounce Back Loan Scheme (BBLS) The scheme opened for business at 9.00 am […]
On Thursday 26 March, Chancellor Rishi Sunak made his long-awaited statement about the Covid-19 government support scheme for the self-employed, called the Self-employment Income Support Scheme (SEISS). Reports suggest that the announcement had been slow to arrive because of the greater difficulty in structuring and running a scheme that relied […]
The 11 March Budget from the new Chancellor, Rishi Sunak, included £7 billion of expenditure targeting the impact of Covid-19 on employees, the self-employed and businesses. On 17 March a further raft of measures was announced, amounting to an additional £20 billion of support expenditure plus £330 billion of loan […]
Last week’s Budget from the new Chancellor, Rishi Sunak, included £7 billion of expenditure targeting the impact of Covid-19 on employees, the self-employed and businesses. Six days later a further raft of measures was announced, amounting to an additional £20 billion of support expenditure plus £330 billion of loan guarantees. […]
When coming up with techniques for financial planning for their business, most business owners expect and plan for business growth, rather than planning for their businesses failing. This optimistic outlook is a great asset to have for a business owner, however, planning for growth without creating a financial contingency plan […]
As a small business owner it is vital that you understand holiday pay entitlement. A Glasgow accountant from The Kelvin Partnership will guide you and your team through all aspects of understanding holiday pay. As we mentioned in our last post, we are passionate about helping businesses grow and thrive […]
Is technology changing accounting? With the recent introduction of Making Tax Digital and cloud-based accounting; the industry is becoming increasingly digitalised. As we mentioned in our last post, we are passionate about ensuring every business is moving comfortably with the times. A Glasgow accountant will ensure that your business is functioning […]
