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INTRODUCTION 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, timely and targeted” package of measures to “deal with the coronavirus”. Their estimated total cost […]

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, […]

The Covid-19 furlough scheme has been effectively revised into a new scheme running from 1 July until 31 October, but this comes with a level of complexity that did not exist in its original guise. Much of the complexity arises because employers can now bring furloughed employees back to work flexibly on a part-time basis, […]

If you are self-employed or a member of a partnership and were eligible for the first self-employed income support grant, you will be eligible to claim for the second and final grant from the 17th August 2020, provided that you can confirm with HMRC that your business has been adversely affected by COVID-19 on or after 14th July […]