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News articles by MacDonald Accountancy Services Limited

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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...

Coronavirus - help for the self employed

26th of March, 2020

Following the 5pm briefing today by the Chancellor, we now know what relief is available for the self employed. The good news is that there is something and the bad news is that it will only be paid from early June onwards - which slight...

25 March 2020 Update on business help

25th of March, 2020

The Covid 19 help for businesses is beginning to be available. Mortgage holidays are now on lenders' websites and seem easy to process - apart from long call times to get through. The Local Authorities have now put a...

Coronavirus Job Retention Scheme

21st of March, 2020

Some further clarification has come through from ICAEW concerning the 80% wages payments. Not quite so generous as it first appeared as it will not be paid for working employees, but only for those employees who are “furloughed” ie laid off wit...

Coronavirus Update

20th of March, 2020

Announced by the Government Small Businesses who do not pay rates will be able to access a Grant of £10,000. This will be paid by local authorities. Businesses will be able to access Business Interruption loans to help with Cashflow from Bank...

HMRC new business helpline

18th of March, 2020

Another, GENUINE notification today was concerning HMRC’s Helpline, launched to help businesses concerned about paying their tax due to Coronavirus. This is offering instalment plans and mentioning the possibility of waiving penalties and interest...

SCAM posing as HMRC

18th of March, 2020

Today we have been notified of a scam. An email linking to a website that appears to be from Gov.UK – giving details of a procedure to claim back a tax refund. This is a scam and if you receive anything like that check the web address – no matt...

Scottish Government Business Helpline

13th of March, 2020

COVID-19 helpline for Scottish businesses The business helpline number is 0300 303 0660. The helpline will be open Monday to Friday 8.30am to 5.30pm. This helpline has been set up by the Scottish Government and is now live. Or if we can help give ...

Coronavirus

13th of March, 2020

We know it is a very worrying time for everyone and wanted to reassure all our clients that we will do everything we can to help them through.We will advise how to access the measures advised in the Budget as soon as ...

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