News
(page 5 of 19)

by Steve Neal

17 Aug 2020

Audit is one of the services which we used to carry out whilst at our clients' premises. Lockdown prevented these client visits from happening and now, social distancing measures continue to impact on the ‘normal’ audit process. Although there is an automatic three month filing extension for accounts, companies over the audit threshold still have a responsibility to file an audit report with their accounts.

by Sarah Gardener

13 Aug 2020

If you were eligible for the first SEISS grant and can confirm to HMRC that your business has been adversely affected on or after 14 July 2020 by the COVID-19 pandemic, you’ll be able to make a claim for a second and final grant from 17 August 2020.

by Karyn Jones

13 Aug 2020

The Chancellor has suggested that changes to Capital Gains Tax (CGT) and ER (now known as Business Asset Disposal Relief) would be easy gains for the Treasury, and there is clear evidence that it has been a target for the last couple of years. There is now speculation that the Chancellor will increase CGT in the Autumn Budget to help recoup some of the spending that has been incurred due to the Coronavirus recovery packages.

by Samantha Daniels

4 Aug 2020

If you are a restaurant owner and offer a 50% reduction to your customers through the Eat Out to Help Out (EOTHO) Scheme, is the VAT you are due to pay to HMRC on the discounted or full amount?

by Emily Hiller

3 Aug 2020

If you have a furnished holiday let (FHL), it is likely you have been affected by the COVID-19 outbreak and not just in relation to the break in income from your FHL but because HMRC have a number of rules in relation to the definition of a FHL and the occupancy days of the property which are prescribed in order to qualify tor tax relief.

by Samantha Daniels

27 Jul 2020

On the 8 July, the ‘Mini Budget’ announced measures intended to support businesses affected by temporary closures and social distancing measures required by the COVID-19 pandemic. These were announced in order to financially assist the hospitality and tourism sectors and to encourage the public to spend money and gain confidence in the re-opened establishments.

by Fran Kidd

20 Jul 2020

We have been talking to clients and contacts in order to understand how businesses have been re purposing through the COVID-19 lock-down. I spoke to Fraser Lloyd Jones, Co-owner of Barefoot Bakery

by Ed Gibson

17 Jul 2020

As the office begins to fill up again, we open back up to see clients, and the traffic on the A34 and into Oxford starts to resemble a quiet weekday rather than a quiet Sunday, it does feel much more as if we are returning to normal.

by Sarah Gardener

15 Jul 2020

A large proportion of commercial property has lain empty during the coronavirus pandemic, certain sectors have been forced to close and the UK population had been told to ‘work from home where possible’. Consequently, speculation is rife about the future need for physical work-spaces given the relative success achieved in flexible/home-working. We spoke to a selection of commercial property professionals to ask about their experiences since lockdown easing measures have started to come into play and their projections for the future of the market.

by Sarah Gardener

9 Jul 2020

The economy and the property sector are inextricably linked. Buyer-behaviour, investor appetite and lender/landlord confidence are most commonly examined and referenced when there is significant damage to or speculation about the economy.. We spoke to a selection of property professionals from Oxford and London to ask about their experiences since lockdown easing measures have started to be announced and their projections for the future of the market.

by Emily Hillier

9 Jul 2020

The government has increased the lower Stamp Duty threshold to £500,000 for property sales in England and Northern Ireland effective immediately from Wednesday 8th July 2020.

by Kerry Whitfield

8 Jul 2020

Rishi Sunak today announced in his economic update that the Coronavirus Job Retention Scheme (CJRS) will continue to wind down gradually until the end of October. However, the Government will now pay a jobs retention bonus to businesses who bring back furloughed staff and retain them until the end of January 2021.

by Samantha Daniels

8 Jul 2020

The chancellor has today announced two new measures to help the hospitality sector recover from the devastating effects of coronavirus on the industry.

by Kerry Whitfield

1 Jul 2020

The Coronavirus Job Retention Scheme (CJRS) changed on the 1st July. You can now bring back to work employees who have previously been furloughed, for any amount of time and any shift pattern.

by Tim Davison

29 Jun 2020

The FCA have proposed an extension to consumer credit support which we have previously covered.

by Ed Gibson

19 Jun 2020

Ed Gibson discusses the meaning of success during these difficult times

by Fran Kidd

18 Jun 2020

DFK UK & Ireland, a leading association of independent accounting firms have been talking to their clients and contacts in order to understand how businesses are re purposing through the COVID-19 lock-down. In the 12th and last in a series of articles, I spoke to Colette Norbury, Training Lead for mental health charity Oxfordshire Mind.

by Lorna Straker

15 Jun 2020

Reductions in income due to the COVID-19 pandemic may lead to changes in the high income child benefit charge (HICBC).

by Ed Gibson

12 Jun 2020

Shaw Gibbs office is now back open.

by Emily Hiller

10 Jun 2020

HMRC have confirmed that they will extend the normal three year time limit for refunds of higher rate stamp duty if a sale of a previous main residence was prevented due to COVID-19.