Chancellor Rishi Sunak has outlined a series of measures to support jobs and the economy over the next six months. Here we provide an overview of the five new initiatives with a brief explanation. Please pass it on to your clients as you see fit. 1. New Job Support Scheme With the current furlough scheme
What it means to be a Xero Gold Partner… Sutherland Black have been awarded Xero Gold Partner status. Sutherland Black have been using Xero since 2007; connecting people with their numbers anytime, on any device, anywhere in the world. Have look at our service here. And it’s no secret that although we are an accountancy
Company Vans vs Company Cars It is usually beneficial for tax purposes that a vehicle in a business is classified as a commercial vehicle rather than a car. A new court ruling is not good news for people who run dual purpose vehicles. The Court of Appeal have now ruled on the tax status of
The CJRS grant claim changes again on the 1st of September. Please talk to us if you would like us to help estimate your claim. From 1 September CJRS will pay 70% of usual wages up to a cap of £2,187.50 per month for the hours furloughed employees do not work. You will still need
Corona Information For Businesses as at 27th March 2020 Job Retention Scheme Employers can claim a grant of up to 80% of salaries of employees who would have been laid off during this crisis. This is subject to a cap of £2,500 per month plus the associated Employer National Insurance contributions and minimum automatic enrolment
It is a long established practice that small businesses who are structured as a Limited Company might pay themselves a small salary and dividends to potentially save tax. However in the run up to this tax year there have been multiple legislative changes that have affected the most tax efficient way of doing this. So
Sutherland Black Ltd. is rated 5 out of 5 based on 7 Google reviews.
