Accountancy Blog

Rushtons Chartered Accountants provide businesses with legally correct and accurate information regarding tax and accountancy to keep them on the right path. Within our accountancy blog you will find a mixture of our company latest news as well as industry specific information you need to be aware of.

22 Feb 2021

Covid VAT deferral payment scheme

If your business deferred VAT due from 20 March to 30 June 2020 and you still have payments to make, you can now opt into the VAT deferral new payment scheme to pay your deferred VAT over a longer period. The payment scheme is expected to open on 23 February 2021 and close on the 21 June 2021.

18 Jan 2021

VAT post Brexit

Exports of goods or services from UK to EU and imports of goods from outside UK.

30 Nov 2020

Self-employment Income Support Scheme (SEISS) – Third grant

As detailed in our previous blog “Self-employment Income Support Scheme (SEISS) Extension”, the SEISS grant was extended so that it provides grants for two further consecutive three-month periods, running into 2021.

12 Nov 2020

New CJRS guidance – 11 November 2020

There has been new detailed guidance released regarding the CJRS.

03 Nov 2020

Self-employment Income Support Scheme (SEISS) Extension

The Government have recently announced that support for the self-employed will be extended in the form of two grants covering a six-month period in total.

27 Oct 2020

Key points for Job Support Scheme 'Open'

You don’t need to have used the Job Retention Scheme to be able to take advantage of JSS Open.

26 Oct 2020

Guidance published on the Job Retention Bonus

The Job Retention Bonus (JRB) is a £1,000 one-off taxable payment to employers, for each eligible employee that had been furloughed successfully at any time from 1 March 2020 to 31 October 2020 and kept that employee in meaningful continuous employment until 31 January 2021. HMRC has now issued detailed guidance on this scheme.

12 Oct 2020

Job Support Scheme Expansion for Closed Business Premises

The Job Support Scheme (JSS) is being expanded to provide temporary support to businesses whose premises have been legally required to close as a direct result of Coronavirus restrictions set by one or more of the four governments of the UK.

29 Sep 2020

Volunteering for an audit – why bother?

The audit thresholds have increased several times over my auditing ‘life time’, and whilst some companies have breathed a sigh of relief over not having to go through this scrutiny, more companies than ever have found themselves volunteering for an audit. Volunteering for an audit?

28 Sep 2020

New coronavirus fines for employers

The Health Protection (Coronavirus, Restrictions) (Self-Isolation) (England) Regulations 2020, which came into force on 28 September 2020, introduced a new fine for employers who knowingly allowing employees who must self-isolate, to work.

25 Sep 2020

The Winter Economy Plan

Delivering a speech in Parliament, the Chancellor announced a package of measures aimed at protecting jobs and helping businesses through the uncertain months ahead.

25 Sep 2020

Job Support Scheme Factsheet

The Job Support Scheme is designed to protect viable jobs in businesses who are facing lower demand over the winter months due to Covid-19, to help keep their employees attached to the workforce.