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COVID 19 Update

Important Updates 08 July 2020 https://mcclearyaccountants.com/coronavirus/summer-statement-8-july-2020/ Update 16 June 2020 https://mcclearyaccountants.com/business-planning/changes-to-the-coronavirus-job-retention-scheme/ Update 1 June 2020 https://mcclearyaccountants.com/business-planning/changes-to-self-employed-and-furlough-schemes/ Update 26 May 2020 https://mcclearyaccountants.com/business-planning/coronavirus-ni-micro-business-hardship-fund/ Update 1 May 2020 https://mcclearyaccountants.com/business-planning/self-employed-income-support-scheme-seiss-goes-live-on-13-may-action-required/ Update 11 May 2020 https://mcclearyaccountants.com/events/webinar-recording-bounce-back-loan-scheme-or-coronavirus-business-interruption-loan-scheme-which-is-best-for-your-business/ Update 28 April https://mcclearyaccountants.com/financialplanning/bounce-back-loans-of-between-2000-to-50000-to-become-available-to-small-businesses-from-4-may/ Update 20 April Coronavirus: NI ¬£25,000 Grant for Retail, Hospitality, Leisure and Tourism goes live, see our recorded webinar¬†https://mcclearyaccountants.com/uncategorised/coronavirus-ni-25000-grant-for-retail-hospitality-leisure-and-tourism-goes-live/ Update…
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Its tax payment time again

If you submit a self-assessment tax return you may need to consider your options as any second payments on account for 2019-20, are coming due for payment 31 July 2020. In a nut-shell you have three options:   Defer payment until 31 January 2021 As part of his support for taxpayers during the present disruption,…
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Summer Statement 8 July 2020

For a more detailed explanation of the measures included in the Chancellor's announcement you can download this pdf Summer Statement 2020 The Chancellor, Rishi Sunak continued with his campaign to support the business and jobs community today, 8 July 2020, as firms engage with the disruption caused by the coronavirus outbreak and the measures taken…
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Which businesses can reopen 4th July 2020

As the town of Leicester demonstrates, the recent announcement that many businesses would be able to reopen since 4 July 2020, depends on local conditions. Rates of infection in Leicester are causing concerns and consequently, local businesses were unable to reopen. However, for the rest of England (regional variations may apply for Scotland, Wales and…
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What happens if VAT rates are changed

A number of EU countries have reduced VAT rates in an attempt to stimulate the economy: if VAT rates fall, prices should fall encouraging consumers to spend more. There has been much press commentary recently that Rishi Sunak will announce a similar reduction in the UK. Note, at present this is pure speculation. If announced,…
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