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Further support for mortgage borrowers

Further support for mortgage borrowers

The Financial Conduct Authority (FCA) has announced new proposals to ensure that lenders provide tailored support to mortgage borrowers who continue to face payment difficulties due to the COVID-19 crisis. This follows the additional government measures announced over...
Protection for landlords and tenants

Protection for landlords and tenants

The government guidance for landlords and tenants as a result of the coronavirus pandemic has been updated. The Coronavirus Act 2020 provides protection to social and private tenants by delaying when landlords can start proceedings to evict tenants.  To give...
Coding out debts deadline

Coding out debts deadline

The coding threshold entitles tax payers to have tax underpayments collected via a tax code, provided they are in employment or in receipt of a UK-based pension. The coding applies to certain debts such as Self-Assessment liabilities, tax credit overpayments...
New Furlough Scheme guidance published

New Furlough Scheme guidance published

The detailed Furlough Scheme rules were updated 10 November 2020. To use the extended scheme – to 31 March 2021 – the steps that are required are: Check if you can claim Check which employees you can put on furlough Steps to take before calculating...
Getting the most out of digital data

Getting the most out of digital data

One of the great benefits of data stored in an electronic format is that it can be sorted in an endless array of reports. This offers business owners who have invested in accounts software a range of options. Once you have input basic accounts information,...