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10 Commonly Asked Redundancy Questions

1. How do I know if I need to make redundancies? Having to make redundancies is a difficult decision, and should be a last resort. It will be case specific to each business, but typically, redundancies are necessary where a workplace needs to close indefinitely, a job no longer exists or the need for a […]

Read more June 2nd, 2020

Extension Of Self-Employed Support Scheme

Alongside the announcement of changes to the Job Retention Scheme on 29 May 2020, the Chancellor also provided detail of the extension to the Self-Employed Income Support Scheme (SEISS). Self-employed people can continue to apply for the first grant up until 13 July 2020 which is for 80% of their average monthly trading profits. This […]

Read more June 2nd, 2020

Important Update On The Coronavirus Job Retention Scheme

Returning Part-Time Having pre-warned the public that significant changes would be made to the ‘Furlough’ scheme, the Government released the detail on 29 May 2020, and there was quite a lot more to it than expected. These are important changes, particularly the dates by which certain parts will be implemented and also by which no […]

Read more June 2nd, 2020

Six People Can Meet Outside Under New Measures To Ease Lockdown

PM Boris Johnson announced groups of up to six people will be able to meet outdoors in England from Monday 1 June, provided strict social distancing guidelines are followed. The Prime Minister announced the change as he set out a package to ease the lockdown in a way that is expected to keep the R […]

Read more June 1st, 2020

HMRC Changing Their Forms

HMRC is creating new versions of their forms that do not depend on Adobe Reader. Whilst this work is in progress the following methods can be used to make sure the form will download or open in Adobe Reader: whatever browser you use, review your settings to make Adobe Reader the default program for opening […]

Read more June 1st, 2020

Government Launches NHS Test And Trace Service

The Government launches its test and trace service today and has issued related guidance for England. There are equivalent arrangements for Scotland, Wales and Northern Ireland. The new NHS Test and Trace service will launch today (Thursday 28 May) across England, the government announced. The service will help identify, contain, and control coronavirus, reduce the […]

Read more May 28th, 2020

Prime Minister Sets Out Timeline For Retail To Reopen In June

Prime Minister Boris Johnson sets out a timeline for retail to reopen in June. Thousands of high street shops, department stores and shopping centres across England are set to reopen next month once they are COVID-19 secure and can show customers will be kept safe, Prime Minister Boris Johnson has confirmed today. The Prime Minister […]

Read more May 28th, 2020

Time To Plan Ahead

As we emerge slowly from lockdown, now is a good time to take stock of things and look ahead to how we can run our businesses with the “New Normal” environment we face. What is clear is that some form of social distancing will remain, and many businesses are adopting new ways of working within […]

Read more May 27th, 2020

PAYE Payment Deferral And Furloughed Employees Update

HMRC have now provided an update affecting those who are looking to defer PAYE payments through the Time To Pay system, but who also have furloughed employees. Basically, any PAYE which relates to furloughed employees is not eligible for the payment deferral. This will relate to payments of PAYE and Class 1 NIC due to […]

Read more May 26th, 2020

Apprenticeship Programme Response To Coronavirus

Guidance for apprentices, employers, training providers and assessment organisations in response to the impact of coronavirus (COVID-19). See: https://www.gov.uk/government/publications/coronavirus-covid-19-apprenticeship-programme-response The Government states this is a difficult time for apprentices, employers and providers of apprenticeship training, assessment and external assurance. The government is committed to supporting apprentices, and employers continue to build the skills capabilities the […]

Read more May 26th, 2020

Additional £40M For Cutting-Edge Start-Ups

Innovative businesses and start-ups are set to benefit from a £40 million government investment to drive forward new technological advances. The government is doubling investment in the Fast Start Competition with an additional £20 million. The competition aims to fast-track the development of innovations borne out of the coronavirus crisis while supporting the UK’s next […]

Read more May 26th, 2020

Coronavirus Statutory Sick Pay Rebate Scheme Set To Launch

Employers will be able to make claims through the Coronavirus Statutory Sick Pay Rebate Scheme from 26 May. The government has announced a new online service will be launched on 26 May for small and medium-sized employers to recover Statutory Sick Pay (SSP) payments they have made to their employees. Employers are eligible if they […]

Read more May 26th, 2020

QuickBooks Online Special Offer

How are you doing your bookkeeping? Are you online with your Bookkeeping? Can you access it anywhere? Why use QuickBooks Online? Now is a good time to move to the cloud. Our COVID-19 Offer – Available until 31 August 2020 At Shapcotts Accountants we are offering clients the Plus Version of QuickBooks Online for £12.00 […]

Read more May 21st, 2020

COVID-19 Advice For The Freight Transport Industry

Freight industry guidance on international travel during the coronavirus (COVID-19) pandemic, following government advice for British nationals. International and domestic freight transport (including by air, ship, road, and rail, including roll-on/roll-off transports) is classified by UK government as an essential activity in the context of its travel advice. The advice against non-essential travel is not […]

Read more May 19th, 2020

Self-Employed Deferment Of Second Payment On Account

Option for self-employed to defer their second payment on account due 31 July 2020. Choose how and when you can delay making your second payment on account for the 2019 to 2020 tax year. You have the option to defer your second payment on account if you are: registered in the UK for Self-Assessment and […]

Read more May 18th, 2020