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New Rules on Wrongful trading

These are the new rules on wrongful trading as proposed by the Government.   Government Update, 28th March Yesterday evening’s update from the Government was presented by Alok Sharma the current Secretary of State for Business Energy & Industrial...

Holland & Co is open for business

Nigel Holland Holland & Co Chartered Accountants is open as normal. Office hours 8 a.m. to 6 p.m. Some staff are working from home and telephone calls are being answered. All our email accounts are working. We are helping our clients cope with the effects the...

National Minimum Wage and National Living Wage rate changes

The hourly rate for the minimum wage depends on your age and whether you’re an apprentice. This page is also available in Welsh (Cymraeg). You must be at least: school leaving age to get the National Minimum Wageaged 25 to get the National Living Wage – the...

Further Guidance on Furloughed Workers from the ICAEW

The ICAEW have issued further guidance on the Coronavirus Job retention scheme, the link to this guidance is:https://www.icaew.com/insights/viewpoints-on-the-news/2020/mar-2020/coronavirus-job-retention-scheme-furlough-guidance The text of the ICAEW guidance is...

vat-and-self-assessment-payment-deferral

Updated March 27: The UK government is supporting businesses during the coronavirus pandemic by deferring VAT and self-assessment payments. ICAEW’s Tax Faculty outlines how the proposed action will work. Updated 27 March: Following clarifications from HMRC. Under the...