“Eat Out to Help Out” (EOHO) Scheme
On 8th July, the Chancellor introduced a new “Eat Out to Help Out” (EOHO)
You can read our latest articles here, grouped by nature of content below.
On 8th July, the Chancellor introduced a new “Eat Out to Help Out” (EOHO)
During the COVID-19 pandemic, the Mitchell Charlesworth Payroll Services team are currently receiving an
As a fledgling business, it’s tempting to dive straight in and start trading. Hopefully
HM Revenue and Customs has notified 3,000 charities that they will be asked to
January 31st is the deadline for those who need to submit a self assessment
Every small to medium-sized business (SME) needs insurance to ensure they are protected against
In the midst of the many financial support announcements last March, the government advised
Since the introduction of The Payment of Wages Act 1991, the payslips provided to
When Making Tax Digital (‘MTD’) was introduced in April 2019, businesses were given an
Access to finance has traditionally been seen as a challenge at times for many
On 30 October 2020 guidance was published in relation to the Job Support Scheme
HMRC introduced a new approach to PAYE compliance checks, now known as an ‘employer
We are often asked: “What expenses can I claim now that I am self
Newly self employed, i.e. those who started their business in 2019/20 who had previously
When starting your new business venture, it is natural to want to keep costs
Recent years have seen significant challenges across many sectors, and the world of audit
Going back to basics can give a clearer picture of your charity’s financial situation
**8 February 2021 Update: The government have this morning confirmed some changes to the
The government have this morning, 8 February, confirmed some changes to the Bounce Back
In July 2020, The Border Operating Model was released by the Government which outlines
In July 2020, The Border Operating Model was released by the Government which outlines
In July 2020, The Border Operating Model was released by the Government which outlines
The Withdrawal Agreement has finally got the backing of the MPs and has passed
Corporation tax rates The expected increase in the rate of corporation tax for many
Irrespective of the chancellor’s comments on 17 March, many businesses are unlikely to be
As announced in the Chancellor’s Budget on 3rd March the Business Recovery Loan Scheme (RLS) is now
Making Tax Digital for Business: VAT April 2022 sees the final phase of the
Making Tax Digital for income tax The Making Tax Digital (MTD) regime is based
Coronavirus loan schemes In 2020, the government introduced a number of government-guaranteed coronavirus loan
Corporation tax rates Corporation tax rates have already been enacted for periods up to
Making Tax Digital for Business: VAT HMRC is phasing in its landmark Making Tax
The Government will introduce a business rates retail holiday for all retail, hospitality and
Capital gains tax (CGT) rates No changes to the current rates of CGT have
Capital Gains Tax (CGT) Rates The current rates of CGT are 10%, to the
Capital gains tax (CGT) rates No changes to the current rates of CGT have
Capital Gains Tax (CGT) rates No changes to the current rates of CGT have
Capital gains tax (CGT) rates The current rates of CGT are 10%, to the
Capital gains tax (CGT) rates The current rates of CGT are 10%, to the
The COVID-19 outbreak is already having a significant financial impact on a number of
On Thursday 22 October the Lord Chancellor Rishi Sunak announced further financial support measures
On 24 September the Chancellor announced his Winter Economy Plan in the shape of
On 8th July the Chancellor made an economic statement outlining the next steps to support
On Saturday 28 March the Business Secretary Alok Sharma announced changes to the insolvency
In July 2021 there will be 4 significant changes to the way VAT operates
In July 2021 there will be 4 significant changes to the way VAT operates
A new section has been created in the Employment Rights Regulations 2018 which means calculating average
In the last issue of our Charity newsletter, we reported on the recommendations of
From April 2016, the vast majority of UK Limited Companies have been required to
When I started working on solicitors’ compliance assignments, way back in 2000, the 1998
The new Charities SORP — what it is and what it means for charities,
As Cancer Research UK tops a new league table ranking 100 large charities by
The Charity Commission for England and Wales has warned charities they must use their
The Charity Commission has launched a new set of simple, easy to understand guides
The Charity Commission has issued an alert to charities warning of fraudsters targeting the
It is often reported that fraud within charities is more likely to take place
Charity reporting and accounting must refocus with the views and needs of the users
In February 2018 the joint SORP-making body issued an Exposure Draft of Update Bulletin
Cheshire and Warrington Local Enterprise Partnership have announced a £1 million restructure grant to
So you know what social activity you want to provide and the social outcomes
Can I select any date for my accounting year end? Yes, a business owner
The government recently published its Civil Society Strategy which sets out the long-term vision
On 3 March 2021, Chancellor Rishi Sunak delivered his 2021 Spring Budget. As part
The Chancellor has today confirmed that the Coronavirus Job Retention Scheme is to be
The construction of a property can be expensive…even more so if VAT is added
The construction of a property can be expensive…even more so if VAT is added
Please be assured that we are here to help and support you at all
Volatility has clearly returned to the investment markets in 2019, in part due to
A new temporary Coronavirus Business Interruption Loan Scheme, delivered by the British Business Bank,
The Government have launched a new Coronavirus Business Support Finder Tool to help business
*Due to the extension of furlough until 31 March 2021 the Job Retention Bonus
Updated Coronavirus Job Retention Scheme – 3 April 2020 The government has laid out
The Chancellor Rishi Sunak has this evening (29 May) announced updates to the Furlough
The Chancellor announced on 16th April that the Coronavirus Business Interruption Loan scheme is
The Covid-19 crisis has presented charities with an incredibly challenging set of circumstances and
Are you missing out on Creative Industry Tax Relief? Back in In January 2019,
The government have recently announced that £879m in tax relief was provided to firms
Most business owners who own assets such as buildings, office equipment, machinery and stock
Deferral of Self Assessment (Income Tax) Payments If you’re self-employed, Income Tax payments due
A Management Buy-Out (MBO) can be an option for many business owners looking for
As a new business, you may not think you need to worry about VAT
If you engage subcontractors, you must ensure your insurance policy is extended to cover
It’s a busy and uncertain time for schools at the moment, so we wanted
When buying or selling a business due diligence is a critical step in the
With global retail e-commerce sales expected to reach $4.5 trillion by 2021* the massive
The government continues to believe that research and development (R&D) is an important part
Individuals can claim 30% or 50% income tax relief on investments made in unquoted
The use of the Enterprise Management Incentive ‘EMI’ scheme can help small growing companies
As a result of the Government removing the Default Retirement Age back in 2011,
When employing staff for the first time it is important that you follow government
National Insurance Contributions (NICs) A similar principle to that outlined above for income tax
From April 2014, certain businesses have been eligible to claim the Employment Allowance (EA).
Employer provide cars The scale of charges for working out the taxable benefit for
National Insurance Contributions (NICs) In September 2021 the government published its proposals for new
The Coronavirus Job Retention Scheme (JRS) The current JRS allows an employer to place
National Insurance thresholds The government has recently announced National Insurance thresholds for 2020/21. Most
Off-payroll working in the private sector The changes to the off-payroll working rules (commonly
The temporary reduction of the VAT rate that applies to the hospitality, hotel and
Following on the latest DFE guidance published last week on Covid-19, the ESFA’s Chief
Mitchell Charlesworth were recently approached by a solicitor practice requiring urgent assistance regarding business
As a new business owner most of your time will be taken up with
According to Civil Society News, around 2,300 charities have asked the Charity Commission to extend
As this will be our final newsletter prior to the new tax regime that
Alison Birch, VAT partner at Mitchell Charlesworth, reminds businesses that the Government’s new rules
Managing, growing, organising and marketing, a few of the words that describe what owners
Sunday 20th March marks the first day of spring 2022, and with it the opportunity
Covid-19 has seen a rise in fraud and cybercrime against charities, so it’s crucial
Following on from the government’s recent announcements, the Coronavirus Job Retention Scheme will enter
From 1 July, employers can start to bring furloughed staff back to work on
The Mitchell Charlesworth Insurance team are offering a new free insurance cover check for
A recent announcement has confirmed that various Community Foundations have launched new funding programmes
A reminder that claims under the extended CJRS scheme for November open today, with
The Government have announced today that the Coronavirus Job Retention Scheme will now continue
The Chancellor has today (17 April 2020) confirmed that the furlough scheme will now
In light of the COVID-19 pandemic, the DFE published its latest guidance late last
The Chancellor has this morning (5 January 2021) confirmed that businesses in the retail,
All employers with 250 or more employees are now required to publish an annual
You may by now have heard that existing data protection law is set
Welcome to the third of our ‘5-minute read’ series. The aim of these communications
Welcome to our new ‘5-minute read’ series. The aim of these communications is to
On Wednesday 17 June the government announced that self employed parents who were previously
In April the government announced a package of financial support for frontline charities during
HMRC has issued a brief on VAT and digital advertising by charities, which confirms
As the country emerges from the pandemic and the economy opens up, HMRC will
HMRC has written to charities to inform them that they must pay VAT on
Imagine for a moment that your company has come under attack by a
In early Autumn the Information Commissioner’s Office (ICO) revealed ‘areas for improvement’ in incident
April 2017 saw the introduction of the ‘family home allowance’, formally referred to as
Anyone that spent any time on the motorways over the Christmas period will have
The Legal Services Act 2007 – A Quick Summary On Thursday 6th October 2011,
The pandemic has brought many challenges for businesses over the past year but has
Every charity is required to compile a Trustees’ Annual Report for inclusion with their
**UPDATED: TIME PERIOD FOR SUSPENSION OF THE FORFEITURE OF EVICTIONS NOW EXTENDED FROM 30TH SEPTEMBER
In this article we cover what inflation really means for you, as well as
Please see updated article here. In April 2017 HMR&C introduced some legislation for taxing the
The ‘IR35’ rules, introduced in 2017 were designed to prevent the avoidance of tax
Updated 3 April 2020 It was announced in the Commons on 1th March that
The Chancellor has today (9 October), announced an expansion of the Job Support Scheme
March 1st Due date for payment of corporation tax for period ended 31 May
January 2019 1 – Due date for payment of corporation tax for period ended
With the government funded Kickstart Scheme, employers can create 6 month job placements for
Welcome to the 2021 Kreston Charities Report, prepared in conjunction with our colleagues in
When arranging to insure your buy to let property it’s only natural to focus
HMRC says it is being ‘lenient’ on MTD At Civil Society Media’s Charity Finance
Making Tax Digital – soft-landing period extended To ease the pressure on businesses during
MTD will apply to all VAT registered businesses from 1 April 2022. Therefore, VAT returns will
Mitchell Charlesworth hosts charity quiz in aid of Ronald McDonald House Last month Mitchell
Media Trust has launched a series of free digital marketing strategy webinars, created especially
Mitchell Charlesworth has been appointed by Michael Carrick Foundation and the British American Football
Webinar – Social Housing Update Tuesday 1 March 2022 11am – 12pm Webinar –
New partner appointment at Mitchell Charlesworth Mitchell Charlesworth has promoted Louise Casey to partner.
Mitchell Charlesworth advises Breaking Free on its sale to LifeWorks Mitchell Charlesworth has advised
Mitchell Charlesworth bolsters team with five senior appointments Mitchell Charlesworth has made a series
Mitchell Charlesworth strengthens Corporate Recovery and Insolvency Team Mitchell Charlesworth has bolstered its corporate
Entries for 2018 Merseyside Innovation Awards now open Entering its 22nd year, the Merseyside
Mitchell Charlesworth compete in 7th annual Peel Dragon Boat Race Represented by members of
Entries for 2019 Merseyside Innovation Awards now open Entering its 23rd year, the Merseyside
As you are already using compatible software the steps you need to take are
Records must be kept digitally under MTD and therefore paper records are no longer
You will need to speak to your provider to see whether they are planning
Although your business is compliant with keeping records digitally, you will need to be
From 1 April 2020, the government is increasing both the National Minimum and National
Audit environment and changes Whilst audit may have been in the press for all
New Solicitors Accounts Rules came into immediate effect on 25 November 2019 and law
The Solicitors Regulation Authority (SRA) has confirmed new accounting regulations will come into force
As a result of the pandemic, VAT registered businesses were permitted to defer their
The Government announced a new scheme on Wednesday 9 September, in an effort to
The charity regulators behind SORP have recently published new guidance for charities participating in
The new penalty regime was due to be introduced on 1 April 2022, however
From 1 April 2022, businesses must notify HMRC when they take a tax position
What is IR35? The ‘IR35’ rules have been in existence for many years and
Research from the Fundraising Regulator has found that just one in five charities (21%) include
In addition to the grant funding schemes announced by the Chancellor to support business
Back to work Major themes in the Budget were getting people to enter work,
VAT Rates and Limits The VAT registration and deregistration thresholds will remain unchanged for
Tonnage Tax The UK’s tonnage tax regime will be reformed from April 2022 to
Land and buildings transaction taxes Land and buildings transaction taxes are devolved to Scotland
VAT E-publications The government will introduce legislation to apply a zero rate of VAT
Extension of offshore time limits The assessment time limits have been increased for offshore
UK government: guidance for employers, employees and businesses about COVID-19 https://www.gov.uk/government/publications/guidance-to-employers-and-businesses-about-covid-19/guidance-for-employers-and-businesses-on-covid-19 UK government: number
Our Charities Team The members of our charities team have decades of experience between
An overview of the most interesting articles catching the eyes of our web visitors,
There is just one month to go until the filing deadline for P11Ds (6
The backbone of the UK economy has always been the entrepreneur. While Covid-19 has
The government announced yesterday (9 June 2020) that employees on paternity and maternity leave
As with R&D Tax Relief, Patent Box Tax Relief has been an available Corporation
For workers who are self-isolating owing to COVID-19, Statutory Sick Pay (SSP) is payable
HMRC continues risk based PAYE penalties for 2017-18 Following a review of the effectiveness
You have decided to take the big leap of faith and start your own
The personal allowance The income tax personal allowance was already fixed at the current
The UK personal allowance, tax rates and bands for the tax year 2022/23 were
The personal allowance The personal allowance is currently £12,570. The Chancellor announced in the
The personal allowance The personal allowance is currently £12,500. Budget 2018 announced that the
The personal allowance The personal allowance is currently £12,500. Budget 2018 announced that the
The UK personal allowance, tax rates and bands for 2019/20 were announced by the
In 2006, an event heralded as ‘A-Day’ was the supposed moment when ‘once and
From 1 April 2022 the UK government is introducing a new Plastic Packaging Tax
The Government has decided to scrap controversial plans to raise probate fees which would
On 27 June 2019 Mitchell Charlesworth together with Storrar Cowdry Solicitors and Empire Commercial
Simplification of Inheritance Tax (IHT) Based upon the current rules, IHT applies primarily on
Throughout the pandemic we have seen more and more companies successfully claiming Research and
There has recently been a change to VAT penalties and interest charges that will
From 6 April 2016, most UK companies and limited liability partnerships (LLPs) are required
From 1 January 2022, Intrastat declarations will no longer be required for the arrival
As well as the new measures announced by the chancellor at the Budget and
A quick reminder that as per the Chancellor’s Budget on 3rd March, the Restart Grant scheme,
In response to the coronavirus outbreak, the UK has government confirmed support for businesses
These schemes are very similar and offer substantial tax incentives to encourage investment in
HMRC have this morning issued further guidance ahead of the fourth round of the
HMRC have this morning, 6th July, released the guidance of the fifth and final
SEISS 5th Grant – Guidance for Applicants HMRC have today, 2 June 2021, issued
Self employed workers will be able to apply for a grant worth 80% of
The Chancellor Rishi Sunak has this evening (29 May) announced updates to the Self
At the Honorary Treasurers Forum in 2019, speaker and charity accountant, Hilary Seaward, suggested
The government will provide additional funding for local authorities to support small businesses that
If you do not have a Government Gateway account, here are some steps to
In the last issue of Strength in Numbers we wrote about how the move
Driving business investment The Chancellor announced a £27 billion transformation of capital allowances from
Increase in the National Insurance Threshold and Lower Profit Limit Chancellor Rishi Sunak announced
One of the main announcements to come out of the 2021 Budget was, as
The government understands people who are required to stay at home or are infected
Banks have also announced ways in which they will support businesses or individuals affected
The Government’s £1.25billion support package for innovative businesses has launched today (20 May). What
With Brexit looming, the tax outlook for 2020 is still largely unknown and is
Many businesses have felt the impact of Brexit. Retailers in particular may have noticed
The inheritance tax nil-rate band (NRB) has remained at £325,000 since 2009, when the
Over the last 18 months the insurance market has moved into what is known
The term ‘Non-dom’ has seen much press coverage of late, so we thought a
All businesses and self-employed people in financial distress, and with outstanding tax liabilities, may
Small charities are facing increased financial pressures at a time when demand for support
Since the arrival of pension freedom, individuals in defined benefit (DB) pension schemes have
Most self storage businesses are partly exempt for VAT purposes due to supplying insurance
Welcome to our ‘5-minute read’ where we look at Private Residence Relief and Lettings
Today, 3rd April 2020 the Chancellor Rishi Sunak has revealed the urgently awaited overhaul
On 2nd April 2020 the Cabinet Office confirmed that the furlough scheme originally announced
The Government have today, 15th April 2020, announced further updates to the Coronavirus Job
Further guidance was issued over the weekend (4/5 April) concerning the Coronavirus Job Retention
Further guidance was issued today (Tuesday 14 April) concerning the Self Employment Income Support
Taylor’s Toys, a longstanding client of ours, has contacted us as he believes his
Taylor’s Toys, a longstanding client of ours, has contacted us as he believes his
The Court of Appeal has dismissed Adecco’s appeal that its supply in relation to
The Court of Appeal has dismissed Adecco’s appeal that its supply in relation to
Businesses in many sectors are feeling the pressure of COVID-19 and the reduction of
VAT can be a complex area for charities from determining how to treat
Supplies of services How will Brexit affect the VAT treatment of business to business
Hospitality sector has been one of the sectors most impacted by COVID-19. On 8th July
From tomorrow, 1 May 2020, there will be two significant VAT changes: The first
When VAT was introduced in the UK in 1973 it was a ‘simple tax’
After the busy festive period, the start of a new year can feel like
As a new business, you might see insurance as one of those costs you
An enterprise management incentive (EMI) scheme is a tax-advantaged employee share option scheme aimed
As the construction industry emerges from Covid-19 restrictions, companies and individuals working in the
The government recently announced a number of changes which affect how rental income from
In 2012, The Pensions Regulator’s slogan for workplace pensions was “We’re all in”. After
