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BPR Heaton | 27a Lidget Hill | Pudsey | Leeds | LS28 7LG
The Coronavirus Restart Grant scheme has been developed to support businesses which operate in non-essential retail, hospitality, leisure, personal care, and accommodation sectors.
Our summary of the Economic Update provides an overview of the key announcements arising from the Chancellor’s speech.
Please find below updated information on the following points:
– VAT deferral payment schemes
– The new National Minimum Wage rates
– Self Assessment Tax Payments.
The Coronavirus Job Retention Scheme (CJRS) and the Self-Employment Income Support Scheme (SEISS) both have upcoming deadlines that you should be aware of.
HMRC has announced that to assist taxpayers, they can if they wish, pay their Self Assessment liabilities in instalments.
Following the Prime Minister’s announcement last night, businesses that operate in retail, hospitality and leisure will be forced to close until at least February half-term. Following this announcement, there has been a further £4.6 billion released in new lockdown grants to support businesses and protect jobs.
The Brexit transition period has now ended. If your business trades goods with Europe, you will need to be aware of the changes that came into effect as of 1 January 2021.
There are a number of grants and business support schemes available which you may be eligible for. We will continue to provide the latest updates on grants and business support that is available.
BPR Heaton are delighted to announce the strengthening of our team by welcoming Freddie Tamang. As one of Yorkshire’s largest independently owned Chartered practices, investing and developing our work force is extremely important to us to ensure that we uphold high standards of service to our clients.
Late in the evening of 10 November 2020 HMRC issued further guidance regarding the Coronavirus Job Retention Scheme (CJRS).
Following the announcement on Saturday of a new national lockdown, additional financial support is being provided by Government. This includes the extension for a month of the Coronavirus Job Retention Scheme (CJRS) with employees receiving 80% of their current salary for hours not worked and grants for business forced to close in England.
Following on from our previous communications, we would like to remind you of the upcoming changes to the Coronavirus Job Retention Scheme (CJRS).
On 1 June we outlined proposed changes to the Coronavirus Job Retention scheme. A significant volume of further guidance has now been issued and the following is only a summary, touching on some of the key points and does not go into detail on every matter.
Over the course of the pandemic the UK government has introduced various schemes each with the aim of supporting various sectors of the UK economy and society. Much of the support has been by way of grants, such as the small business grant, the Retail, Hospitality and Leisure Grant and the furlough scheme…
Updates that HMRC have now issued in respect of the Job Retention Scheme.
Coronavirus Business Interruption Loan Scheme
Tax – Time to Pay arrangements
The current Covid19 outbreak is bringing many financial challenges to UK businesses and as such the government is announcing various support packages which seem to be changing on a daily basis. Below is a summary of the announcements as we understand them today and some practical issues to consider. We will endeavour to keep you up to date as we are made aware of further details.
Kick your finances into shape and start 2020 in the best possible way with our New Year money checklist for your finances.
The government has confirmed that the National Living Wage (NLW) will rise from its current level of £8.21 per hour to £8.72 per hour from 1 April 2020.
Since 2013, hundreds of thousands of parents have lost some or all their child benefit, currently worth £1,789 a year for a family with two children.
Are you putting off filing your tax return? Is it something you’d rather worry about next year? 31st January is ages off!
Getting your tax return submitted early could bring you several benefits. We look at 9 reasons why we think getting your tax return prepared and submitted early is a great idea.
There are many people who already know what a ‘Help to Buy ISA’ is, and some that may even have one, but for those who don’t, there is a deadline looming which you shouldn’t let pass by accidentally.
After 30 November 2019 you will not be able to open any new Help to Buy ISA’s and if you do qualify and don’t open one, that could mean missing out on up to £3k tax-free.
The VAT Reverse charge on Construction Services is being introduced by HMRC from 1st October 2019 in response to organised criminal attacks on the VAT system in the construction sector.
If you deal in Construction, you will need to be aware of the changes being brought in by HMRC and it is important you plan ahead for them as they could impact on your cashflow.
The Big Four accountancy firms and the other larger nationals clearly realise that it’s a seller’s market when it comes to audit services – their audit fees have jumped by over 10% over the last year.
Despite the increase in the audit threshold both small and larger companies rely on us for a better deal. We offer first-rate audit services, but with a more client focused approach.
Your company may qualify for an audit exemption.
Small Limited company accounts were previously prepared using the Financial Reporting Standard for Small Entities (FRSSE). However, the FRSSE is withdrawn for Accounting Periods Commencing 1 January 2016 (therefore usually year-ends of 31 December 2016 onwards) and replaced by either:r…
As an employer, you’ll have to pay the Apprenticeship Levy each month from 6 April 2017 if you have an annual pay bill of more than £3 million or are connected to other companies or charities for Employment Allowance which in total have an annual pay bill of more than £3 million.
As 2016 draws to a close and businesses from across our region reflect on the good and the bad of another year passed, many it seems, have had a common anchor holding them back from progress and growth over the last 12 months. Digital technology.
Here at BPR Heaton we have an experienced team dedicated to providing owner managed businesses of all sizes from start- ups to established companies with both strategic and day to day business support.
From a fixed price of £99 + vat per month you can put your mind at rest and be assured that we will look after your finance function freeing you up to concentrate on your business.
Raising awareness of Sepsis, along with vital funds for The UK Sepsis Trust.
BPR Heaton are excited to, once again, be exhibiting at this year Buy Yorkshire Conference being held in the Royal Armouries, Leeds in May.
Originally introduced in 2014, the national insurance contributions ( NICs )employment allowance is for the purpose of supporting businesses and charities in helping them to grow by cutting the cost of employment
April 2016 sees significant changes to the rules on the taxation of dividends, which could have a significant impact on the amount of tax you pay. This factsheet provides an overview of the new system, together with information and advice to help keep your tax bill to a minimum
This is a “fast” moving issue ( forgive the pun ) with rules and regulations changing frequently and manufacturers developing new technology at a similar if not quicker rate, it is therefore worth looking at some of the ways you can keep the tax charge down to a minimum.
From April 2016, the government will introduce a new mandatory National Living Wage (NLW) for workers aged 25 and above, initially set at £7.20 â€“ a rise of 50p relative to the current National Minimum Wage (NMW) rate. That’s a £910 per annum increase in earnings for a full-time worker on
The government had concluded that companies will not be required to have an audit for the financial years commencing on or after 1 January 2016 if at their balance sheet date, they satisfy at least two out three criteria, in general for two consecutive financial years.