Annual Functions for Employees

With Coronavirus restrictions in place throughout the country, this year a number of business will be unable to offer their normal staff Christmas party. Are businesses able to utilise the £150.00 exemption at another point in the year? The annual function exemption...

Job Support Scheme or Job Retention Scheme?

As the nation has entered a second national lock-down, the Government has introduced further support packages and amended existing schemes. Amongst the changes include changes to the Job Retention Scheme (furlough scheme) which was due to end on 31st October. The...

Bounce Back Loan Scheme Extended

The Bounce Back Loan Scheme (BBLS) has been extended to 31st January 2021 which is welcome news. The scheme has to date provided more than a million loans to small businesses impacted by the pandemic. New terms of the scheme provide for even greater flexibility and...