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Welcome to the October 2020 issue of our newsletter.
We are sure you will find the newsletter an interesting read. Please contact us if you have any questions regarding any of the articles we have included in our newsletter or if you would like further information on a topic we haven't covered.
Your views are always important to us and we welcome your feedback.
A cancelled Budget normally merits headline treatment. This year is different.
The Winter Economy Plan brings change to the small print on the government's temporary Covid-19 loan schemes.
From 1 January 2021, the UK will operate a full external border with the EU.
Many businesses turned chameleon during Covid-19, changing core business to adapt. But whether you're a florist making face masks or a farm shop starting home deliveries, what about tax?
The Winter Economy Plan unveiled the Job Support Scheme (JSS). This succeeds the current 'furlough' scheme (Coronavirus Job Retention Scheme), which ends on 31 October 2020.
'The most significant reforms of UK insolvency law for a decade'?
If you have self assessment tax debt up to £30,000, you can take advantage of this by setting up a payment plan online, without needing to phone HMRC, and you should get automatic, immediate approval.
Why not contact Wilkes Tranter & Co Limited today for more information or a FREE no obligation quote.
Government borrowing fell to £7.8 billion in December 2023 giving Chancellor Jeremy Hunt more scope to make the tax cuts he has hinted at in the Spring Budget.
Tax cut promises may need to be scrapped as a result of the UK being in an 'unfortunate economic and fiscal bind', the Institute for Fiscal Studies (IFS) has warned.
As always, the wellbeing of our staff and clients remains our priority and is at the forefront of our mind when considering our response to the current coronavirus situation. At present our office remains open during normal working hours however we are discouraging face to face contact and are moving to telephone/ e-mail communication wherever possible in an effort to protect ourselves and our clients.
In the absence of face to face meetings, you can contact us as follows:
Please be assured that we will be continuing to offer the best service and advice during this difficult period.
We will continue to closely monitor government advice on the situation and act accordingly.