Tax Tips

Under the new Coronavirus Job Retention scheme, government grants will cover 80% of the salary of PAYE employees who would otherwise have been laid off during this crisis. The scheme, open to any employer in the country, will cover the cost of wages backdated to 1 March 2020 and will be open before the end of April. It will continue for at least three months, and can include workers who were in employment on 28 February.

To help protect our staff and clients, we are regularly reviewing our plans to deal with the impact of Coronavirus following the latest Government and Public Health England guidance. We will take steps to minimise the impact on our business, while also enabling us to continue to provide the best possible service to our clients.

It seems somewhat appropriate, in the month of Terry Jones’ passing, to reference this quote from Monty Python & The Holy Grail. At the time, his character – the pompous knight Sir Belvedere - was about to use the scales to oversee a witch trial. They might now come in handy again, in determining whether the writing is on the wall for Entrepreneurs Relief.

From streamlining your processes, to accessing real-time data, members of DFK UK & Ireland explain the benefits of cloud accounting.

"Working with your clients in real time is the future"