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What is the Job Support Scheme (JSS) and how employers can apply?
On the 24th September, Rishi Sunak published the government’s winter economy plan. In it, the Chancellor introduced the new Job Support Scheme (JSS) which will replace the current Job Retention Scheme (CJRS); aka the Furlough Scheme, from the 1st November 2020. The new Job Support Scheme is planned to run for six months, until the 30th April 2021.
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IR35
Find out what changes are coming, how this could affect you and what we can do to help.
COVID-19
Information for contractors, freelancers and limited company on what help is out there
Coronavirus update – The chancellor’s summer statement
Amid the transition from the Coronavirus lockdown into a new form of normality, the chancellor Rishi Sunak has presented his economic plan towards financial recovery. The new measures which were mostly welcomed by industry leaders were described by some as unprecedented.
Here is a summary of the main changes introduced.
Look back to the future. Learn how to create a robust cash flow forecast?
A good forecasting exercise isn’t merely about looking at the facts, it’s also a chance to ask ‘what if?’
Ultimately, this allows you to look at different scenarios and test the impact, enabling you to see more clearly how you would be affected by any changes in income or expenditure.
With Coronavirus causing so much uncertainty, now is a very good time to do a forecasting exercise.
How to Write a Business Plan? The essential elements you can’t go without
To make sure that your business is heading in the right direction, its important you lay out a business plan so that you can focus on your targets, ensuring every new assignment you undertake is moving you closer to your goals.
The Self-Employment Income Support Scheme (SEISS) reopens for claims this August. Here’s what you need to know.
In this guide, we will cover the main changes to the Self-Employment Income Support Scheme (SEISS). Namely, the amount of available grant for you, from August and the eligibility requirements to submit a claim.
How to maximise your tax efficiency in 2020/21 – Top tax tips to help reduce your tax bill
How to maximise your tax efficiency this year?
There are many solutions you should be aware of in order to fully optimise your take home pay in 2020/21.
To help you get started today, here’s a quick review of some of the benefits available for you and your business.
Changes to the Coronavirus Job Retention Scheme
Chancellor Rishi Sunak has introduced some changes to Coronavirus Job Retention Scheme (CJRS) and announced a further extension to the Self-Employment Income Support Scheme (SEISS). As Britain moves into the first stage of easing the lockdown.
IR35 Update: HMRC got another “Red Card” about mutuality of obligation
On May 6th, upper tribunal judges, Zacaroli and Scott gave a key ruling in regards to one of IR35’s most disputable factors – ‘Mutuality of Obligation’. Read the full story
The Complete Guide to Setting Up Your Limited Company in 6 Easy Steps
Even during these troubled and uncertain Coronavirus times, starting a small business is an exciting step. It puts you firmly in control of your own destiny and earning power while also being a very tax-efficient way...
What are dividends and how are they taxed?
For most small business owners, the best take-home pay solution is a mixture of salary and dividend, whereby you take your tax-free personal allowance as salary and the rest of your income as a dividend. There are certain rules you have to abide by when calculating and taking dividends. Here we explain how dividends work.
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