Income Tax Deferral

If you are due to make a payment on account of Income Tax on 31st July 2020 then you have the option to defer the payment until 31st January 2021. You can defer the payment due on 31st July if you complete a tax return and you are struggling to make the payment due to...

New Furlough Scheme & SEISS Update

Following the Chancellor’s announcement that the Furlough Scheme and Self Employed Income Support Scheme (SEISS) are to be extended, the Government has now released further details of how these schemes will work. New Furlough Scheme The new scheme commences on 1st...

Furlough Deadline – Action Needed Now

Action is required today and tomorrow to comply with changes to the furlough scheme if you have not already acted. As previously communicated, the furlough scheme will be closed to new entrants on 30th June. Therefore, in order to be eligible and have a minimum of...

Changes to Furlough Scheme & SEISS – Action Required

The Chancellor today announced the changes to the Government’s furlough scheme. All furloughed employees will continue to receive a minimum of 80% pay (up to a max of £2500). The changes are staged for August, September and October as follows: Month Government...

Lasting Power Of Attorney – Don’t Leave It To Chance

The current climate around COVID-19 has triggered many of our clients to bring their finances and medical care into sharper focus. As a result, we’ve witnessed an increased interest from clients in ensuring they have a Lasting Power Of Attorney (LPA) in place. What is...

COVID-19 Payroll Services

During this difficult period, managing your businesses payroll has become more challenging. If your internal team are stretched or as a business owner, you are looking for a more cost-effective solution then TC can help. Our payroll team can help navigate the COVID-19...