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 […]
Read More
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 […]
Read More
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 […]
Read More
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 […]
Read More
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. […]
Read More
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 […]
Read More
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 […]
Read More
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 […]
Read More
Thinking of hiring Making Tax Digital accountants? As digital accounting specialists, The Kelvin Partnership are passionate about ensuring that business owners are given the best support and services necessary to help navigate an increasingly digital world. As we mentioned in our last post, accounting has faced some dramatic changes over […]
Read More
What is cloud-based accounting? As we mentioned in our last post, we are passionate about updating clients – personal and professional – of new developments in the accounting world. With Making Tax Digital recently being introduced, why not update your business practice? A Glasgow accountant from The Kelvin Partnership can […]
Read More