Restarting the economy Chancellor Rishi Sunak’s address in the House of Commons today has brought updates to existing schemes, as well as introducing some new incentives to help in restarting the economy. There is a clear focus on trying to prevent unemployment rates from spiralling in the coming months. The [...]
The 373 Group Annual Awards 2020 Griffin Chartered Accountants are delighted to be the headline sponsor for the 373 Business Awards for the 4th consecutive year. The 373 Group Annual Awards aim to celebrate the many incredible businesses across the South West. During these unprecedented times, [...]
Upcoming changes to CJRS and Self-Employment entitlements The chancellor has announced that changes to the Coronavirus Job Retention Scheme are being brought forward to 1st July, as well as a second grant being made available to self-employed persons. Coronavirus Job Retention Scheme The second phase of the CJRS is set [...]
Highlights from the 2020 Budget Amongst all the present focus on the coronavirus, Rishi Sunak has delivered his first budget as chancellor. With a mix of expected and surprising changes to tax and the wider economy, we highlight some of the important considerations. National Insurance As pledged in the Conservative [...]
Bank of England announces historic interest rate cut on budget day Amid growing concerns about the scale of disruption expected because of the coronavirus, the Bank of England has today announced an emergency cut in interest rates. Why has the cut been made? The decision by policymakers to reduce rates [...]
Changes to the criteria for claiming Employers Allowance One of the changes coming with the new tax year will see an amendment to the criteria for employers hoping to claim an allowance against their National Insurance (NI) bill. What are the changes? Currently all employers can claim relief of the [...]
Changes to Capital Gains Tax on residential property sales With big changes to the way Capital Gains Tax (CGT) due from residential property sales is reported and paid coming on 6th April, it is important to understand how this could affect you. What are the changes? The impending changes primarily [...]
Why You Should Be Considering An Electric Vehicle Whether you are looking to reduce your environmental impact or save money, there are several great reasons to consider getting an electric car through your company. What are the tax implications for the business? One of the biggest differences between electric vehicles [...]
What you need to know about the upcoming changes to Entrepreneurs relief What you need to know about the upcoming changes to Entrepreneurs Relief Entrepreneurs often see their business as a valuable asset to provide them with pension when they retire and have been counting on Entrepreneurs’ Relief (ER) to [...]
Business Growth of the Year Griffin Accountants are delighted to be shortlisted in the 2019 Express and Echo Business Awards in the Business Growth of the Year for under 50 employees. Griffin Accountant's recipe of success is underpinned by the ability to succeed when tendering for audits against much larger firms [...]
