by Premier Accounts | Oct 9, 2020 | Uncategorized
It’s safe to say Chancellor Rishi Sunak did not expect to be delivering the first official fiscal statement less than four months after his maiden Budget speech back in March, but here we are. The economic impact of COVID-19 has resulted in the UK’s debt-to-GDP ratio...
by Premier Accounts | Oct 9, 2020 | Uncategorized
“Getting it done” is the soundbite Chancellor Rishi Sunak clearly wanted us to take away from his debut Budget speech, but “giving it away” might be more accurate. The Government’s substantial majority gave Sunak carte blanche to overhaul taxes but, in the end,...
by Premier Accounts | Sep 4, 2020 | Uncategorized
Why 2019/20 is the year to get it done early. With everything that’s happened so far this year, it might be easy to forget your obligations to file a tax return for 2019/20 by midnight on 31 January 2021. The coronavirus pandemic and subsequent economic crisis has...
by Premier Accounts | Sep 4, 2020 | Uncategorized
Four main methods for valuing a business. Whether you’re making exit plans or you want to give confidence to investors, knowing the value of your business is a vital step. From the inside, it might be hard to say what that value is. You’ve put long hours of hard work...
by Premier Accounts | Sep 4, 2020 | Uncategorized
The Government has closed a loophole which allowed employers to make furloughed staff redundant on reduced pay under the furlough scheme. The new law kicked in on 31 July 2020 to ensure furloughed workers who are made redundant receive redundancy pay based on their...
by Premier Accounts | Sep 4, 2020 | Uncategorized
Almost two-thirds of small businesses in the UK experienced late or frozen payments as a result of the COVID-19 outbreak, a report has claimed. The Federation of Small Businesses (FSB) polled 4,228 small business owners during lockdown in April 2020 and found the...
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