20 Oct 2020

With the Brexit transition deadline looming, HMRC is now in the process of sending letters to all VAT-registered businesses within Great Britain that trade with the EU and/or the rest of the world. The letter, which you can access through the following link, sets out the action businesses need to have taken in order to continue to trade freely with EU firms from January 1, 2021. ht...

20 Oct 2020

In the last week, the Government has updated it’s advice in relation to employees who are required to work from home as a result of COVID-19. If you have asked your employees to work from home, and you have not reimbursed them already, your employees may be entitled to claim tax relief on additional household expenses they have incurred, such as heating and lighting.   Wh...

16 Oct 2020

With the ongoing impact of COVID-19 upon most businesses at this time, and with no clear indication of what further measures and consequent trade restrictions that may yet be imposed in already difficult trading circumstance,  business directors are being forced to consider whether they should be considering a form of formal creditor process. Running a business has always been a chall...

16 Oct 2020

Just two weeks after the Chancellor’s Winter Economy Plan was announced by the Chancellor, and with the growing spike in Coronavirus positive tests, the Government unveiled an extension to the newly announced Job Support Scheme and Increased Grants. An Extension To The Job Support Scheme… Starting in November, the government will cover two-thirds of employees’ salaries up to ...

16 Oct 2020

If you deferred VAT payments that were due between 20‌‌‌‌‌‌ March and 30‌‌‌ June 2020, then these payments technically need to be made to HMRC by 3‌‌‌1‌‌‌ March 2021. In recent weeks, the Chancellor has confirmed the following arrangements to deal with payment of the deferred sums: You can make payments as normal by 3‌‌‌1‌‌‌ March 2021 You can use the VAT Deferral New Paym...

14 Oct 2020

…And do you recall The Job Retention Bonus? The Job Retention Scheme finally draws to a close at the end of October – PLEASE REMEMBER you will need to make any final claims on or before 30‌‌‌ November. You will not be able to submit or add to any claims after 30‌‌‌ November. As we say goodbye to the Job Retention Scheme at the end of this month, our thoughts revert back to what was...

30 Sep 2020

Barrons are currently recruiting an Office Junior. The roles includes, but not limited to: Covering the phones and taking messages when necessary Reception duties Organising refreshments for meetings Scanning company documents Assisting in filing duties Assisting the Practice Manager & Administration Management Team General Office Duties If you would like...

30 Sep 2020

Following the Government statement on 25th September in relation to the extension of the Self-Employment Income Support Scheme (SEISS), we set out below the scope of the scheme and the extent of third and fourth grants to be paid out. If you want to know more detail about the Scheme, follow this link: https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attach...

Barrons has put together a helpful guide to running your business during the coronavirus crisis.