Second Self-Employment Income Support Scheme

From today, self-employed people whose business has been adversely affected by Covid-19 can apply for a second – and final – grant through the Self-Employment Income Support Scheme (SEISS). You may have received an email about this from HMRC but you can also log-on and see from which date you can make a claim. Again, […]

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Meet The Team – Part 2

David Southall has been part of the team at Lewis & Co since September 2014. However, he says that becoming an accountant was ‘well down’ the list of jobs he thought he’d end up doing, while still at school. “I was obsessed with sport, so wanted to have a job related to that,” he explains. […]

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What did the Summer Statement dish up?

Chancellor Rishi Sunak took the unusual step of issuing a Summer Statement on Wednesday 8th July, which outlined some of the Government’s plans to help the UK economy recover from the impact of the Covid-19 pandemic. While many of us are missing our traditional break in the sun over the next couple of months, we […]

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31 July: To pay or not to pay?

This year seems to be absolutely flying by and it’s already time for the second ‘payment on account’ from the 2018/19 tax year to be paid. Recently though, as part of the package of measures announced in response to Covid-19, the Government has announced that this instalment, due by 31 July 2020, can be deferred […]

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Covid-19: Measures in place to help Business Owners

The current health crisis has not only brought about changes to the way we conduct our everyday lives and huge worries to people who are vulnerable or at risk but it has also impacted every single business owner. Over the past few months, the Chancellor, Rishi Sunak, has announced a package of measures aimed at […]

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Update – Coronavirus Job Retention Scheme (CJRS)

Chancellor Rishi Sunak has announced three changes to the Coronavirus Job Retention Scheme (CJRS) with the aim of working life slowly returning to normal over the next few months. 1. As of 1st June the scheme will close for any new applicants, with the final date an employee can be furloughed from being 10th June. […]

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Limited Company or Sole Trader?

While many small businesses are struggling during the Covid-19 pandemic, it seems likely that, once it’s all over, there could well be a rise in the number of businesses being launched. For some people, particularly those who have been furloughed, it has given them some precious time to think about that business idea that’s been […]

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Self Employment Income Support Scheme

The Self Employment Income Support Scheme (SEISS) is available from Wednesday 13th May, a little earlier than originally planned. HMRC have started contacting eligible self employed workers in the past couple of weeks and are now inviting them to use the online checker tool – this will quickly confirm a) if you are eligible for […]

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Financial Assistance Update / Business “Bounce Back” Loans

The online portal being used to handle Coronavirus Job Retention Scheme claims was opened on Monday 20th April and we are pleased to confirm that the first applicants have now successfully received their furlough grants from the Government. It has also been announced that this particular scheme is now available until 30th June 2020, extended […]

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New CGT Reporting Process

According to the property website Zoopla the number of homes sold in the UK is expected to fall by 60% in the next three months. There was a 40% drop in housing enquiries for the week to 22 March, the week before the lockdown, and new sales agreed fell by 15% on the previous week. […]

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