Winter Economy Plan

In lieu of an Autumn Budget, the Chancellor recently announced his “Winter Economy Plan” which included further measures to protect jobs and the economy as it seems lockdown measures will be continuing for some time. Here is a recap of the main points. Job Support...

Kickstart Scheme

Can you offer a young person an opportunity within your business? From 3rd September, applications opened for businesses to join the new scheme introduced by the government called the Kickstart Scheme – the aim of which is to provide funding to employers to create job...

Tax News August 2020

As lockdown continues to ease over most of the country, we thought we would bring you up to speed with all things tax. VAT deferral scheme The VAT payments deferral scheme came to an end on 30 June 2020.  If you were one of the VAT registered businesses that deferred...

Leggate Associates Newsletter – 6 July 2020 – Flexible furlough

From 1st July “Flexible Furlough” came into effect which allows more flexibility in re-introducing your staff back to the workplace.  It is designed to kick start the economy and re-open the UK. The scheme allows you to bring employees back to work on a part-time...

Coronavirus Tax and Support Update – June 4th 2020

There have been some recent developments in terms of the support available to businesses during the ongoing coronavirus pandemic, particularly in respect of the Coronavirus Job Retention Scheme, commonly known as the “furlough” scheme. There has also been an extension...

Coronavirus Job Retention Scheme

CORONAVIRUS JOB RETENTION SCHEME One major benefit that has been introduced by the Chancellor to protect jobs is the Coronavirus Job Retention Scheme (“CJRS”). Summary HMRC will reimburse 80% of ‘furloughed’ workers’ wage costs, up to a cap of £2,500 per employee per...