The fifth publication has been released ranking the service quality league table of personal and business current account providers.  For personal and small business customers, the survey is designed to show clearly how the quality of services compares across different dimensions, such as service quality, online and mobile offerings, overdrafts, in-branch experience and, for small

The following notes may help you answer queries from clients unsure as to how they deal with holiday pay to furloughed employees. Workers have the right to build up holiday entitlement while they are on temporary leave – furloughed – because of coronavirus. They can also take leave while on furlough. Bank holidays If a

The government has published further guidance on how the forthcoming Job Retention Bonus Scheme will operate. The scheme will enable eligible employers to claim £1,000 for each eligible employee in respect of whom they have previously made a valid claim under the Coronavirus Job Retention Scheme (CJRS) and who remains in continuous employment until at

The Department for Business (DfB) has released details of its £2bn in green homes grants. If you have clients who could adapt or channel their activities into household improvement activity: wall and floor insulation, heat pumps, solar thermal etc., they should register now for the accredited TrustMark. Google 'Green Homes Grant Scheme' for more information.

The government has unveiled an important new law that will protect furloughed workers who are made redundant. This will ensure that any employee who was furloughed under the Coronavirus Job Retention Scheme (CJRS) will receive their full basic statutory redundancy entitlement. This amount will be based on their normal wages, rather than the reduced furlough rate. The legislation came into

Most practitioners will remember clients who deposited their so-called books in once a year; dutifully bundled into a plastic bag. Many have since adopted a digital approach and practitioners who promote one of the major cloud-based bookkeeping solutions, Xero etc, will have reaped the benefits. One sector where this cloud bookkeeping process has been slower

The Department for Business issued an interesting press release yesterday, 27 July 2020, outlining proposals that will make it fairer for consumers presently missing out if a company supplying pre-paid goods becomes insolvent and unable to deliver. In a nut-shell the changes will: provide clarity for consumers about when they will own pre-paid goods, particularly

HMRC has published the latest issue of the 'Stamp Taxes Newsletter’. The bulletin includes details of the temporary increase in the Stamp Duty Land Tax (SDLT) nil-rate band announced as part of the Summer Economic update. In England and Northern Ireland, the amount on which no SDLT is payable on residential property purchases has been

Practitioners may have noticed that the OTS has recently published an update on its thoughts for the update of Corporation Tax, the taxation of personal service companies and the self-employed. The report is entitled: Evaluation update and stock take of OTS work on corporation tax, personal service companies and self-employed people’s taxation.   The introduction to

We have made passing references to business planning in recent articles published to this newsfeed; about the need to secure and plan your bank resources to better cope with the disruptions caused by COVID-19. Government seems to be preparing us for a further increase in the rate of infections once autumn arrives. Accordingly, we need