by David Jones | Jun 4, 2020 | Corona Virus, Pension
The UK’s basic state pension rises typically each year, based on the UK’s rate of inflation, but this is now under threat because of the enormous hit to the economy by the coronavirus epidemic currently raging. Chancellor Rishi Sunak is under increasing...
by David Jones | Jun 2, 2020 | Corona Virus, Payroll Services, Personal Finance, Self Assessment
On Friday, the Chancellor Rishi Sunak announced plans to end both the coronavirus job retention scheme (CJRS) and self-employed income support scheme (SEISS), with the Treasury’ contributions gradually being withdrawn from 1st August. SEISS Ending: Chancellor’s...
by David Jones | May 28, 2020 | Corona Virus
As both employees and small business owners get used to the flexibility of working from home. What will happen post-lockdown is a question, increasingly being asked by many of us. Working From Home: Recent trends Predicting what the future of work will look like has...
by David Jones | May 26, 2020 | Corona Virus, Opinion, Personal Finance
Many countries are being forced to use extreme measures to keep their economies afloat amid the coronavirus crisis. Now, the Bank of England has signalled that it may take the cost of borrowing from its present 0.1% to below zero. Last month, the Bank started an...
by David Jones | May 21, 2020 | Corona Virus
Today’s Blog concerns the recent rolling out of the Self-Employment Income Support Scheme or SEISS. The launch of SEISS has prompted dozens of individuals to email or telephone our office asking for help/advice. What does ‘adversely affected’ really mean? What happens...
by David Jones | May 18, 2020 | Corona Virus
From VAT zero-rating to LISAs, tax credits and statutory payments, the government is using every tool it possesses to help taxpayers hit by the coronavirus crisis. But is there anything more they could do? VAT on protective equipment Early on in the crisis, the...
by David Jones | May 14, 2020 | Accounts, Corona Virus
On Wednesday, the Chancellor said: “It is now very likely that the UK economy will face a significant recession this year, and we’re already in the middle of that as we speak.” The 2% first-quarter record fall was driven by the coronavirus forcing...
by David Jones | May 12, 2020 | Corona Virus, Payroll Services
Chancellor Rishi Sunak made a significant policy announcement in the House of Commons on Tuesday afternoon 12th May. His announcement while unplanned was expected at some time this month. Given Press reports of plans to ditch the furlough scheme at the end of June;...
by David Jones | May 8, 2020 | Corona Virus
Today’s Blog concerns breaking news and government changes to existing help packages, that have emerged over the last couple of days. Some are new, and the others are improvements to existing help schemes, so read on: New discretionary grants available for left-out...
by David Jones | May 4, 2020 | Corona Virus, Opinion, Personal Finance
Chancellor Rishi Sunak’s new 100% government-backed loan scheme, which will provide loans of up to £50,000 for small businesses, went live on Monday 4th. Nicknamed ‘The Star Wars Plan’ and subtitled, ‘May the fourth be with you’ by one inventive journalist, the new...
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