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Stilwell Gray relaunches as Vantage Accounting

We are delighted to announce that our small business accounting brand Stilwell Gray has been rebranded as Vantage Accounting as of September 21st 2020. Launched in 1995, Stilwell Gray has since grown to a firm with offices in Winchester, Totton and Ringwood, providing services to a variety of businesses nationwide. After [...]

2020-09-23T15:59:45+01:0021 September 2020|

Coronavirus business support measures September 2020

Rishi Sunak today announced that the government will cover up to two thirds of workers' wages if their hours have been reduced due to the coronavirus pandemic. It is hoped that the ‘Jobs Support Scheme’ will help to reduce the millions of job losses expected when the furlough scheme ends [...]

2020-09-24T15:08:35+01:0024 September 2020|

Economy rebuild measures announced

The government today announced what they refer to as their next step in rebuilding the economy. Their focus is very much around preventing unemployment whilst gradually stopping the furlough scheme, boosting the hospitality sector and kick starting the housing market. The measures announced are: Furlough bonus £1,000 bonus for keeping [...]

2020-07-08T16:10:53+01:008 July 2020|

Coronavirus business support schemes – how to account for grant income

Many of the measures announced by the government to help businesses during the Covid-19 (Coronavirus) pandemic involve grant payments to business owners. But how do you account for grant payments, and what taxes are due? It is important to understand the accounting treatment needed, and indeed whether income is actually [...]

2020-09-22T14:08:39+01:0030 March 2020|

Can Limited Company contractors furlough themselves?

Under the Government’s Coronavirus business support measures announced this week, it has been indicated that some Limited Company contractors may be covered by the ‘Job retention scheme’ and therefore can furlough themselves if unable to work due to Covid-19. There is a distinction in law between a director with a [...]

2020-09-22T14:09:43+01:0027 March 2020|

Coronavirus business support measures explained

This guide covers all of the business support measures announced by Rishi Sunak in March and is being updated as and when new initiatives are launched or changes are made to existing ones. Please bookmark this page to keep up to date. Last updated 17th June 2020: Changes to the [...]

2020-09-24T14:56:11+01:0023 March 2020|Tags: |

Dealing with COVID-19 disruption

Dealing with COVID-19 disruption Covid-19 – support for businesses The government have announced in the past 24 hours measures to ease disruption to businesses around the country. The package of temporary measures announced are: A new Bank of England lending facility that extends the business interruption scheme mentioned in the [...]

2020-03-18T13:25:36+00:0018 March 2020|
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