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News - Page 2

SRG LLP – Chartered Accountants in Scotland

SRG LLP – Chartered Accountants in Scotland Have you recently started a sole-trading or limited company in Scotland? If so, there are a handful of important steps which need to

Explaining Limited Company Tax

Explaining Limited Company Tax If you’re starting a new business, one of the most attractive options to consider is forming a limited company. Limited companies are unique due to the

The Ever-Changing COVID-19 & Government Assistance

Many businesses have felt the impact of the recent COVID-19 pandemic. Whether referring to reduced operations or recently furloughed staff members. Managers and stakeholders are dealing with a significant amount

Self-Employment Income Support Scheme now open for second grants

Self-Employment Income Support Scheme is now open for second grants The Self-Employment Income Support Scheme (SEISS) opened for claims from 17 August 2020, enabling eligible self-employed individuals to access a

Small business micro loan scheme

Small business micro loan scheme The chancellor has announced a “simple, quick, easy solution for those in need of smaller loans.” Businesses can apply from lenders using a two-page standard

Common Tax Terms Explained

Common Tax Terms Explained There are few certainties in life besides death and taxes. While this mantra is slightly depressing, the fact of the matter is that each of us

Covid-19: Self-employed support scheme

Covid-19: Self-employed support scheme It has been announced that the government will pay self-employed people adversely affected by coronavirus a taxable grant worth 80% of their average monthly trading profit

Covid-19: Income tax payments deferral

Covid-19: Income tax payments deferral HMRC have announced that there will be a deferral period for income tax self assessment and this will apply to the second payment on account for 2019/20

Covid-19: VAT payments deferred for three months

Covid-19: VAT payments deferred for three months HMRC have announced that there is a deferral for VAT payments from 20 March 2020 until 30 June 2020. All VAT registered traders are eligible.

Coronavirus Business Interruption Loan Scheme

Coronavirus Business Interruption Loan Scheme The temporary Coronavirus Business Interruption Scheme supports Small & Medium Sized Enterprises (SMEs). The scheme will provide government backed loans of up to £5m to

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