Latest News
A Beginner’s Guide to Bookkeeping
Starting a business is exciting, but managing finances can feel overwhelming. Bookkeeping is one of the most important parts of running a successful business....
Making Tax Digital: What It Is, Why It Matters, and How to Get Support
Making Tax Digital (MTD) is a UK government initiative designed to transform the way businesses and individuals manage and report their taxes. It’s a big...
Spring Statement 2022
Please find a link to our Spring Statement 2022 summary below that contains details of Wednesday’s announcements made by the Chancellor, Rishi Sunak. I hope...
COVID-19 – Claiming back Statutory Sick Pay Due to COVID-19
The Government recently announced that, as a result of the impact of the pandemic on employee absences from work, employers are able to claim back Statutory...
COVID-19 – Local Authority Delivered Support
Further to our previous blog week regarding the Government’s announcement of business support to tackle the difficulties caused by the Omicron variant, the...
Making Tax Digital for income tax delayed by a year until 2024
Having sat in a seminar on Tuesday listening to a HMRC representative state they were adamant Making Tax Digital (‘MTD’) for income tax would go ahead from...
Making Tax Digital for Income Tax
Some of the team at JTThomas & Co attended the ‘Accountex’ convention in Manchester yesterday and the key message being discussed was the impending...
Capital Allowances and the Super Deduction
Given the fact that many businesses are now gearing up as restrictions ease, I wanted to draw your attention to the ‘super-deduction’ announced in the Budget...
Economic Resilience Fund for businesses with turnover less than £85,000
A further package of business support has been made available by the Welsh Government to support businesses with a turnover of less than £85,000 that have...
COVID-19 Self Employed Income Support Scheme 4th Phase
This month, sole traders and partnerships can apply for the 4th phase of the Self Employment Income Support Scheme. There are some changes to the 4th phase in...