£1Million Annual Investment Allowance Extended
The Government have shared some good news that the current Annual Investment Allowance (AIA) of £1,000,000, which was due to revert down to £200,000 on 1 January 2021, will be extended for a further year to 1 January 2022. Businesses, including manufacturing firms, can continue to claim up to £1 million in same-year tax relief […]
New Government Coronavirus Scheme to Pay Up to Half of Wages
Today 22 October, Rishi Sunak has announced big changes to the Job Support Scheme (JSS) which has been set to replace the Furlough scheme in November. This has occurred due to many businesses being forced to shut in Tier 2 and Tier 3 areas. However, the Chancellor also expressed that many businesses which are not […]
The Job Retention Bonus
The Job Retention Bonus Make sure your employees are paid the minimum income threshold to be eligible for the £1,000 Job Retention Bonus. For employers to claim the £1,000 Job Retention Bonus for each employee that is still employed since being furloughed, they must be paid at least £1,560 of taxable pay in […]
HMRC opens portal for Working From Home expenses claims
The rise of coronavirus has resulted in businesses adapting to working from home, with many discovering that it can be just as effective as being in the office. Social distancing measures have resulted in many workplaces doing a rotational basis, where staff do part of the week in the office and the rest at home. […]
NR Barton Raise £200 for Macmillan Cancer Support
The team here at NR Barton are delighted to announce that through our socially distanced coffee morning, we were able to raise a total of £200 for Macmillan Cancer Support. The morning of 29 September 2020, the team generously baked and bought cakes to bring to the event (see featured pictures). Some of the home-made […]
SEISS Grant Extension
Self-Employment Income Support Scheme Grant Extension Following the new Job Support Scheme, the British Government want to ensure that they are providing the same level of support to self-employed individuals as is being provided to employees. As such, they have extended the Self-Employed Income Support Scheme (SEISS) by 6 months from November. Who Can Claim? […]
Make sure the only thing scary about this Halloween are the trick or treaters! This Halloween, 31st October 2020, the Coronavirus Job Retention Scheme will come to an end. We summarise what we know so far about the Job Support Scheme which takes its place from the 1st November. The new scheme will run for […]
UK Government Start A Ban on Plastic Straws, Stirrers and Cotton Buds
The ban on supplying plastic straws and stirrers and plastic-stemmed cotton buds has come into force in England today (Thursday 1 October), marking yet another major step in the Government’s fight against single-use plastic waste to protect our environment and clean up our oceans. Just one month after ministers confirmed the single-use plastic bag charge […]
Coronavirus Job Retention Scheme (furlough) further guidance and webinar
HMRC have updated their website in relation to Furlough (Job Retention Scheme), the key changes are: 1. You can furlough a member of staff who is on sick leave, as long as it is for business reasons. You then take them off SSP and claim Furlough instead. 2. You may furlough employees on long term […]
Open Banking and how this impacts Xero
New EU standards, due to take effect from 14 September 2019, will change the way some banks connect to Xero. To comply with the new requirements, many of Xero’s bank feeds will be replaced by new direct feeds using Open Banking. What is Open Banking? Open Banking means you can choose to share your bank […]
