HB&O Blog

What were the key announcements from the Winter Economy Plan?

Rishi Sunak graced TV, computer and phone screens across the nation at midday yesterday to announce ongoing support measures after calls to extend the furlough scheme

25 Sep 20

How can I prepare my business for Brexit?

While there is so much uncertainty that still surrounds the UK’s exit from the EU, there are certain steps you can take to prepare, which will stand you in a much stronger position to navigate the unexpected.

01 Sep 20

CJRS and SEISS: how to correct an over claimed grant

Due to the speed and urgency that claims were made and issued, there are likely to be a number of innocently miscalculated grants and HMRC is requesting that businesses double check their calculations.

19 Aug 20

The roadmap to recovery: six proactive steps for business owners to take now

You need to make sure your business is prepared for the short term hurdles, anticipate challenges that may impact the longer term running of your business and spot opportunities that could prove invaluable.

28 Jul 20

My employee didn’t use their company car during lockdown - does this mean the benefit in kind stops?

If you have staff with company cars who have been working from home or furloughed, there are some tax implications that you need to be aware of which could impact your P11D calculations for the 2020/21 tax year.

16 Jul 20

What can I reduce VAT on? A breakdown for businesses in hospitality, accommodation and the tourism industry

Rishi Sunak announced a temporary 15% cut to the rate of the VAT applied to certain supplies made in the hospitality, accommodation and tourism industry.

15 Jul 20

What were the key announcements from the Summer Economic Update?

Yesterday, Chancellor Rishi Sunak delivered his Summer Economic Update and laid out the next steps in the roadmap to rebuilding the UK economy and spur job creation.

09 Jul 20

Green grants: how you can access funding to fuel a sustainable recovery

As the country starts to reopen, the government is prioritising a green recovery by encouraging further investment into clean innovation and green technology.

01 Jul 20

The VAT Deferral Scheme is coming to an end, what do I need to do next?

As the VAT payment deferral period ends on 30 June, from 1 July VAT registered businesses must ensure they now submit VAT returns as normal and pay on time.

22 Jun 20

Coronavirus Job Retention Scheme: flexible furloughing explained

After four months of financial support in the form of the Coronavirus Job Retention Scheme (CJRS), the government is introducing flexible furloughing from 1 July 2020.

20 Jun 20