What are the current rules about social distancing at work?

The Health and Safety Executive (HSE) in the UK is providing advice and information about social distancing, in-work activities, and keeping businesses open during the Coronavirus outbreak. These guidelines are designed to help people work safely and protect other people. It covers things such as social distancing measures, staggering shifts, providing additional hand-washing facilities and … Continue Reading

Organisations given protection from landlords aggressive debt recovery tactics

In order to help protect them from aggressive rent collections or unfair price hikes, High Street shops and other bricks and mortar organisations under strain during the current lock-down will be protected and rather asked to simply pay what they can as outlined in a recent government statement “The majority of landlords and tenants are … Continue Reading

Business support in Sheffield during Covid-19 Lockdown

Business support grants There are 3 grants available for small businesses in Sheffield: £10,000 for businesses in receipt of Small Business Rates Relief (SBRR) or Rural Rates Relief £10,000 for retail, hospitality or leisure businesses with a rateable value of £15,000 or less £25,000 for retail, hospitality and leisure businesses with a rateable value between £15,000 and … Continue Reading

The new Self-employment Income Support Scheme – a message from the government

The Chancellor has announced more about the new Self-employment Income Support Scheme to support self-employed people who have been adversely affected by COVID-19. Self-employed people do not need to get in touch with HMRC as the scheme isn’t yet open for applications. HMRC will contact eligible customers by the beginning of June, inviting them to … Continue Reading

A fast guide to corporation tax for UK companies

Corporation Tax is a tax paid by businesses in the UK and is calculated on annual profits in a similar way to how income tax is calculated for individuals, however, companies don’t get an equivalent personal allowance – all profits are taxable – however, there are some expenses and deductions that can be claimed to … Continue Reading

Getting started with making tax digital (MTD) – what you need to know

As the deadline for Making Tax Digital looms ever closer, we at Millhouses Accountancy are helping more and more business to successfully transition to the new way of reporting tax either by managing the tax on behalf of our clients or by helping our clients learn how to manage it themselves – and we’re here … Continue Reading