by David Jones | Sep 17, 2020 | Comments on Global News, Corona Virus
Rishi Sunak has recently announced that new grants worth up to £1,500 will be available every three weeks to businesses required to close due to local lockdowns or targeted restrictions. The new grants come as the government locks down areas such as Bolton, which have...
by David Jones | Sep 10, 2020 | Corona Virus, Opinion
Last week Chancellor Rishi Sunak launched the Kickstart scheme, but is it fit for purpose, especially for small employers? With coronavirus ravaging the job market and large-scale redundancies continuing to be announced daily by employers, Rishi Sunak’s Summer...
by David Jones | Sep 3, 2020 | Corona Virus, Profit & Cashflow Forecasting
The Chancellor has opened up the Treasury’s coffers for the second wave of SEISS (Self-Employed Income Support Scheme). Now, it is clear that the guidance notes have been updated and reinforced. At the time of the first claim, many applicants were so desperate...
by David Jones | Aug 28, 2020 | Corona Virus, VAT
In last week’s Blog, I mentioned that this stimulus measure had been warmly welcomed by business. On the evidence of the first five weeks, it is most definitely helping the beleaguered hospitality sector. Despite all these positive vibes, an increasing number of...
by David Jones | Aug 20, 2020 | Business Tax, Corona Virus, Opinion
The Chancellor rolled out a raft of measures last month, in some sectors to prop up the economy and in others to stimulate growth. The main overall objective was an attempt to keep millions of people from joining the dole queues, ideally for the long term. So, now...
by David Jones | Aug 13, 2020 | Business Regulation, Corona Virus, Payroll Services
Since the early weeks of the coronavirus lockdown, many employers have been aware of the likelihood they will need to make people redundant. This week’s Blog addresses the key issues employers are going to have to consider. A YouGov poll of employers on 1st...
by David Jones | Aug 6, 2020 | Payroll Services, Personal Finance, Personal Tax Planning, Self Assessment
This week’s blog, I’m looking at work-related benefits and the P11D form, what to include on the application, when you need to file it and what will happen if you don’t! What is a P11D? The P11D is a tax form filed by United Kingdom employers for...
by David Jones | Jul 30, 2020 | Business Tax, Payroll Services, Self Assessment
The Employers Allowance is amongst a limited number of HMRC freebies, such as the office Christmas party allowance or CPA (the CPA is an annual one-off allowance of up to £150 per head to spend per member of staff, including their partners, at the annual do). The...
by David Jones | Jul 23, 2020 | Comments on Global News, Self Assessment
I had a bit of time on my hands this week, so I decided to read the runes on this year’s report from HMRC on the size of its tax gap (the difference between the real tax liability for a given tax year and the amount that’s paid). The figures for the previous tax...
by David Jones | Jul 16, 2020 | Corona Virus, Self Assessment
Whoopee doo, now that Boris has allowed pubs, bars and restaurants to reopen after over three months of closure, the fallout from the shutdown is starting to emerge. England’s many licensed venues, as well as the brewers and pub companies, had been staring financial...
David Jones is the Senior Partner and Founder of Morgan Jones & Company. Born in Liverpool and an Accountancy graduate of the University of Wolverhampton, David spent twenty years working for the Customs & Excise in London then Shrewsbury before starting his own business. David's depth of knowledge of the UK tax system and his ability to communicate this learning has seen Morgan Jones & Company grow into Shropshire's most respected Accountancy Practice. Email David