Forrester Boyd News July 2020

  • 30th July 2020

How changes to the Coronavirus Job Retention Scheme on 31 July will impact you

The Coronavirus Job Retention Scheme has provided a much-needed lifeline for millions of workers during the height of the pandemic. On 31 July, the scheme is changing, and you need...

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  • 27th July 2020

Top 20 Tips for SMEs looking to survive and thrive

We have just come through probably the toughest 3-months any of us have experienced in our business lives. Thankfully, there has been support available to help us through the cris...

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  • 17th July 2020

5% VAT rate for hospitality sector - what you need to know

The Government announced last week that the 5% rate of VAT will apply to supplies made in the hospitality, accommodation, and attractions sector between 15 July 2020 and 12 January...

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  • 16th July 2020

Self-assessment Payment on Account - do you need to defer?

While the business support schemes introduced by the government have been a lifeline for many businesses in these difficult times, there are many other businesses and employees whi...

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  • 13th July 2020

The Audit Process is Changing - you need to act now

Last week the ESFA has released the latest Academies Financial Handbook, effective from 1 September 2020. The main talking point is the clarification that the ESFA confirm that the...

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  • 9th July 2020

Helpful Guide to the Summer Economic Statement - what's new

We have looked over the Summer Economic Statement and measures introduced by the Chancellor Rishi Sunak this week and pulled out the key details about the new schemes. The measures...

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  • 9th July 2020

CGT 30-day reporting - 'soft landing' period ends soon

Previously in this blog, we outlined the new system for paying and declaring CGT within 30 days of the completion of a UK property transaction. In spite of the coronavirus crisis, ...

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  • 9th July 2020

Corporate losses

If a company has made a loss in the current accounting period it will want to set-off that loss as soon as possible, in order to obtain a refund of corporation tax paid for the cur...

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  • 8th July 2020

Submit your excuses for missing the P11D deadline

By 5 April 2020 the UK was in full coronavirus lockdown, and many people are still working at home or on furlough, but HMRC has not extended the filing deadline for submitting the ...

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  • 3rd July 2020

Tax and Financial Strategies

As the impact of COVID-19 continues to create unprecedented challenges for the UK economy, taxpayers are advised to keep their accounts up to date. It is more important than ever t...

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