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News articles by MacDonald Accountancy Services Limited

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Third and Fourth SEIS Grant

29th of October, 2020

Self Employment Income Support Scheme There will be two further grants which will be based on average Self Employed profits calculated as for the first two grants. Each of Grants 3 and 4 will cover a three month pe...

Job Retention Bonus

29th of October, 2020

Job Retention Bonus Scheme The new Job Retention Bonus Scheme will benefit those employers who have had staff on furlough and who have successfully made a claim under that scheme (the Coronavirus Job Retention Scheme).&n...

Job Support Scheme - as updated

29th of October, 2020

Job Support Scheme This is a further update on the new rules in place for the end of the Furlough scheme, which finishes on Sunday. The Job Support Scheme will replace the Furlough Scheme from 1 November and th...

Detail for Enhanced time-to-pay for self assessment bills

9th of October, 2020

Just to update you on the details of the scheme to defer self assessment bills. (This is called the “enhanced payment arrangements”) The arrangements apply to: The second payment on account for 2019/20...

Chancellor's Winter update

4th of October, 2020

Job Support Scheme When the Furlough scheme ends on 31 October, there is now the possibility of claiming support under the Job Support Scheme. This is an entirely separate scheme with different rules and is availab...

Clarification on Chancellor's Summer Statement

14th of July, 2020

Eat Out and Help Out This does not apply to Take-aways and is only for meals eaten in premises. 5% cut in VAT from 15 July 2020 to 12 January 2021 This does apply to Take-aways as wel...

Chancellor's Summer Statement

8th of July, 2020

A quick summary of the key points from the Chancellor's Summer Statement. We will be able to help and advise in each of these areas as further information becomes availabe and also we will be looking to find out whether there are any...

Update on Schemes

8th of July, 2020

We have been very busy with the various government schemes and have claimed a substantial amount of money via the Furlough scheme and the Self employment Income Support Scheme Grants. We have also assisted clients with claiming the Busin...

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