Life After Furlough
The furlough scheme which came to an end in September 2021 has undoubtedly helped to save millions of jobs and aided businesses through the pandemic. The government says 11.6 million jobs have been supported by the scheme. Many companies will look to restructure, recruit and concentrate on business margins going forwards and Adams Moore can […]
Making Tax Digital for VAT – April 2022
As part of the government’s 10 year strategy to make the tax system more resilient and effective, from April 2022, it will be a requirement of all VAT registered businesses with taxable turnover to submit their tax returns digitally via third party software. Making Tax Digital for VAT does not change businesses’ tax liability or […]
We Are Recruiting!
ACCOUNTS PREPARATION – SEMI SENIOR We are recruiting in our expanding firm of accountants and require a full time AAT/ATT or part qualified accountant or similar, to join our brilliant team. The successful applicant should have previous experience of at least 3 years working within a busy accountancy practice and be able to prepare accounts […]
HMRC – is it a scam?
HMRC is advising taxpayers to remain cautious of tax related scams which have almost doubled in the past 12 months. Mike Fell, HMRC’s Head of Cyber Security has said that the coronavirus pandemic had given criminals a “fresh hook for their activity”, with more than 460 COVID financial support scams detected by HMRC since early […]
Coronavirus Job Retention Scheme
We have supported a number of our payroll clients using the Government’s Coronavirus Job Retention Scheme which will run until 30 September 2021. For claims relating to August and September 2021, the government will pay 60% of wages up to a maximum cap of £1,875 for the hours the employee is on furlough. For all […]
SEISS – FIFTH GRANT
The fifth SEISS grant is the last in a series of government payments worth up to £7500 made available to support eligible self employed individuals through the pandemic. There are certain criteria which you will have to meet in order to claim, details of which can be found from this link https://www.gov.uk/guidance/claim-a-grant-through-the-coronavirus-covid-19-self-employment-income-support-schemehttps://www.gov.uk/guidance/claim-a-grant-through-the-coronavirus-covid-19-self-employment-income-support-scheme HMRC will contact […]
Self Assessment Payments on Account
You may recall that last year, due to COVID-19, your second payment on account for July (if you had one) was deferred to 31st January 2021. Please be aware that there has been no deferral this year and your July 2021 payment on account will be expected by HMRC by 31st July 2021. If you […]
HR and Health & Safety Support
As the UK slowly lifts COVID-19 restrictions, more and more staff are returning to the workplace. Throughout this time we have seen greater emphasis on 2 key business areas: HR – Employment Law Health and Safety The Government has created a new employment status – ‘furlough’ – which has kept HR professionals on their toes, […]
R&D Tax Credits
Research and Development (R&D) tax credits are an incentive to reward limited companies that engaged in innovation. This UK tax relief can give your business the opportunity to claim back a proportion of your R&D expenditure as tax credits, which can reduce your tax bill or increase taxable losses. If, over this pandemic, you’ve been […]
Bounce Back Loan Repayments
During the pandemic you may have taken out a Bounce Back Loan in order to provide additional support to get your business through these trying times. The 12 month repayment holiday will now be coming to an end and loan repayments will be starting in the coming months. As part of the terms of business, […]
