Recent Posts 24-09-2020
So earlier on today the Chancellor outlined the next stage of the economic support offered to small businesses and self-employed individuals affected by the ongoing COVID-19 pandemic - Winter Economy Plan. This replaces the Autumn budget, which shall no longer take place this year. Overall a welcome package, but inevitably...Read More...
Recent Posts 11-09-2020
An estimated 3,000 employers, including Owner managed businesses (Limited Company Directors) will have received letter from HMRC about Coronavirus Job retention Scheme (CJRS) claims. When launched, due to the situation and nervousness in the market, the CJRS operated based on "pay now, check later". To date it is estimated c£30...Read More...
Recent Posts 07-08-2020
The Government has outlined further details on their Green Home Grant voucher scheme. Under this scheme the Government will provide grants covering 2/3 of home improvements costs to make your homes more energy efficient. Vouchers worth up to £5,000 (£10,000 for lower income households) will be issued to homeowners in...Read More...
Recent Posts 28-07-2020
The government announced that the second payment on account for 2019/20 due on 31 July 2020 will be deferred until 31st January 2021. Can I claim this? The government announced this measure to assist all self-employed taxpayers (not just the self-employed) with their cash flow during this pandemic. This means...Read More...
Recent Posts 14-07-2020
Earlier on in the year, I wrote about the furlough scheme and the challenges that this may entail for us locum Optometrists or Locum Dispensing Opticians as owner managed businesses (Company Directors). The main thing was to ensure that you only carried your statutory director duties whilst on furlough, therefore...Read More...
Recent Posts 09-07-2020
Yesterday the Chancellor gave his Summer Economic Update (phase two of a three phase plan to tackle COVID-19), which as anticipated was focused on helping the economy bounce back and help save/drive new jobs, especially in light of the phasing out of financial support (CJRS & SEIS). There was unfortunately...Read More...
Recent Posts 05-07-2020
What is P11D form? Each year, in addition to your annual submission of accounts and corporation tax, there are certain forms that UK employers need to consider. One of these forms is the P11D form. A P11D is the form where the employer highlights to HMRC all the cash value...Read More...
Recent Posts 27-06-2020
For Optometrist who claim the CET grant each year, the applications normally open on the 1st july. However GOC have notified us on the 2nd July that due to COVID19 this has been delayed by one month. They will be in touch with us once the window opens. As an...Read More...
Recent Posts 27-06-2020
As an Optometrist or Dispensing Optician you have to ensure you keep up your professional standards. This is done through the General Optical Council via CET points. In a three year cycle (current cycle runs from 1 January 2019 to 31 December 2021), each Optometrist, Dispensing Optician and Contact Lens...Read More...