HB&O Blog

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

Where can I apply for the Coronavirus Local Authority Discretionary Grant? A complete list for Warwickshire and West Midlands businesses.

The government announced the Coronavirus Local Authority Discretionary Fund back at the start of May and many councils have now opened their application process for these grants.

05 Jun 20

Working from home? The ins and outs of how employees can claim expenses for additional household bills.

Due to the current coronavirus pandemic and the restrictions on who can travel to work, there will likely be an increase in expense claims and claims to tax relief.

18 May 20

Self Employment Income Support Scheme: how to check your eligibility and apply

HMRC has started to contact eligible individuals who may qualify for the Self Employment Income Support Scheme (SEISS) and has announced that the claims service will open on Wednesday 13 May.

05 May 20