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Taxi and Private Hire Support Fund Scotland

Who is it aimed at? Licensed taxi and private hire drivers who have been financially impacted by Covid-19.   What is the grant? A one-off taxable grant of £1,500.   What is the qualifying criteria? You must be licensed from 9th October 2020 to at least 31st January 2021. Up to 31st December 2020, you […]

Scotland Additional New Lockdown Grant 2021

Who is it aimed at? The retail, hospitality and leisure sectors.   What is the grant? A one off grant on a per property basis. This is in addition to the grants received through the Strategic Business Framework Fund (SBFF). £25,000 for larger hospitality businesses on top of the 4-weekly £3,000. £6,000 for smaller hospitality […]

Take a Breath

Either from a personal perspective or as a business owner it is likely you will have been hit with a whole raft of information being thrown at you from different sources at various times since the pandemic engulfed the UK back in March this year. It makes sense just to take a deep breath, look at where we are now, […]

Scotland Grant – Nightclubs & Soft Play Areas

What is the aim of the grant? To assist nightclubs and soft play areas who have been closed since March 2020 due to the Covid-19 restrictions.   What is the grant? It is a one off grant of up to £50,000. It is based upon the rateable value of the premises. A rateable value of […]

Extra Support for Business if Required to Close

What are changes announced? The Chancellor has announced an extension to the new Job Support Scheme for businesses required to close due to COVID restrictions. Cash grants for businesses required to close in local lockdowns.   When does the Job Support Scheme start? It starts on 1 November 2020 and is available for 6 months. […]

App Upgrade

We’ve recently applied updates to our App and need you to refresh your version please.  All you simply need to do is visit your App store and search for MyAccountants, then press the ‘update’ button beside it. Along with the great tools and features within our App, all designed to make your life and engagement with […]

The Coca Cola ‘Van’ Case

The result of the case The Court of Appeal found in favour of HMRC that certain types of modified crew cab vehicles should not be classed as ‘vans’ for income tax and national insurance purposes but as cars instead. https://www.judiciary.uk/wp-content/uploads/2020/07/HMRC-v-Payne-Ors-Approved-Judgment-002.pdf What does the tax legislation say a van is? It is a goods vehicle and […]

The Kickstart Scheme

Employers will receive funding of up to 100% of the National Minimum Wage from the Government for each employee (aged 16-24) covering a maximum of 25 hours a week. The Government will also cover the relevant employers National Insurance costs. The Government will also cover the relevant employer automatic enrolment pension scheme contributions. A business […]

The temporary 5% VAT rate

Basic outline The Government are reducing certain VAT rated supplies down from the 20% standard rate down to a 5% temporary rate. It covers the period from 15th July 2020 to 12th January 2020. Aimed at the hospitality, hotel and holiday accommodation sectors as well as admissions to certain attractions.   Food and drink The […]

Eat Out to Help Out

The aim of EOHOS Government incentive to encourage people to eat or drink in eligible establishments during the month of August 2020. To assist the hospitality and leisure sector on the road to recovery.   How does the incentive work?   It offers the diner(s) a 50% discount up to a maximum of £10 (VAT inclusive) […]