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Blog

The Accountants for Growth

Further support Chancellors’ Winter Economy Plan

Further support
Chancellors’ Winter Economy Plan
The Chancellor has been under pressure to help businesses more and has now announced further support.
 
A new Job Support Scheme (JSS)
From 1st November 2020 for 6 months the government will top up wages for those employees working shorter hours than their ‘normal hours’ for businesses facing lower demand due to COVID-19.
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How to turn annual losses of £142k into a monthly profit in 6 months

How to turn annual losses of £142k into a monthly profit in 6 months
This is a story about how i helped to turn a sizeable loss making company into a profitable position in six months Owners of many SME businesses feel that they do not have time of the knowledge to work on their financial numbers but that need not be the case. In this article you will learn how we helped turn the results around of a loss making business in a matter of six months and with absolute certainty you could improve your results by following this case study example.

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Chancellor Rishi Sunak announcement - statement in the House of Commons

Chancellor Rishi Sunak announcement  - statement in the House of Commons
- job support scheme
- self-employed grant scheme extension.
- repay bounce back loans over a period of up to 10 years
- keep VAT at 5% for hospitality and tourism industry until 31 March 2021.

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England Local Lockdown Business Grant

England Local Lockdown Business Grant
What is the Objective?
  • To support businesses, based in a high Covid-19 incidence area, forced to close as a result of a Government decision. 

What is the level of support? 
  • Large businesses will receive £1,500 per property for every 3 week period of lockdown.
  • Small businesses will receive £1,000 per property for every 3 week period of lockdown.

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Property Review Service

Property Review Service

Watch out if selling residential property
 

Thinking of selling a residential property?
 
A number of new rules could see an increase in tax burden for many, early payment of tax
for some, and extra red tape in the form of a new Tax Return purely for the property sale.
Significant red tape and costs
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