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“Our health emergency is not yet over. And our economic emergency has only just begun”. These were the stark words from the Chancellor, Rishi Sunak yesterday as he delivered the 2020 Spending Review; with little indication as to how the Government intended on balancing the books and instead provided a heavy emphasis on spending in […]

As the second lockdown took effect on 5 November, the Chancellor returned to Parliament to announce a further extension to the furlough scheme through to March 2021. The extension of financial support under the Coronavirus Job Retention Scheme (CJRS) will now run past the original new cut-off of 2 December through to the end of […]

INTRODUCTION                           Source: ONS Today’s ‘Economic Update’ by the Chancellor, Rishi Sunak, arrived six months and a day after the Prime Minister announced the start of lockdown on 23 March. Twelve days earlier the Chancellor had made his Budget debut, announcing a “temporary, […]

The scheme has been extended and a second grant can be paid to those who are eligible from today’s date (17th August). If you were eligible for the first grant and can confirm to HMRC that your business has been adversely affected on or after 14 July 2020, you’ll be able to make a claim […]

WE LOOK FORWARD TO WELCOMING YOU BACK TO OUR OFFICE! With effect from Monday 10th August, our gbac team has moved back to the office on a staggered basis. This is in line with Government guidance following COVID-19. We wanted to share with you the steps we have taken to ensure that the office is […]

Cycling has received a significant boost since the Coronavirus crisis, with more people cycling to avoid public transport and get back to work. Cycle-to-work schemes give tax benefits to both employers and employees. How the scheme works: Employers can register directly with most major retailers that support this scheme, typically by completing an online application, […]