In some good news for beleaguered hospitality businesses the Chancellor has announced extra support which will apply to businesses here in Scotland that are forced to close by local lockdowns. The government news release states: “The government’s Job Support Scheme (JSS) will be expanded to protect jobs and support businesses required to close their doors
There is currently a zero P11d benefit for the drivers of electric cars in 2020/21. The legislation for this change is included in Finance Act 2020 which also states that the benefit will be 1% of list price in 2021/22 and then 2% in 2022/23. Hybrid cars zero taxable benefit The zero taxable benefit also
Chancellor Rishi Sunak has outlined a series of measures to support jobs and the economy over the next six months. Here we provide an overview of the five new initiatives with a brief explanation. Please pass it on to your clients as you see fit. 1. New Job Support Scheme With the current furlough scheme
What it means to be a Xero Gold Partner… Sutherland Black have been awarded Xero Gold Partner status. Sutherland Black have been using Xero since 2007; connecting people with their numbers anytime, on any device, anywhere in the world. Have look at our service here. And it’s no secret that although we are an accountancy
Company Vans vs Company Cars It is usually beneficial for tax purposes that a vehicle in a business is classified as a commercial vehicle rather than a car. A new court ruling is not good news for people who run dual purpose vehicles. The Court of Appeal have now ruled on the tax status of
The CJRS grant claim changes again on the 1st of September. Please talk to us if you would like us to help estimate your claim. From 1 September CJRS will pay 70% of usual wages up to a cap of £2,187.50 per month for the hours furloughed employees do not work. You will still need
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