Accountancy News and Advice From MCC Accountants
Given the current economic climate, money is tight for many people. As part of the Government’s plans to support those most affected by the lockdown, allowances have been made that mean your second self assessment payment on account for the…
Chancellor Rishi Sunak has delivered the Government’s Summer Statement, a plan which has been produced to support the economy as it recovers from the impact of COVID-19. The focus of the intended measures will be a “Plan for Jobs”, encompassing…
Business owners who attempt to complete all the work associated with managing a company’s payroll on their own often find that it is a time consuming activity. This time and energy would be better focussed on other areas of the…
Business owners are forever on a quest to reduce their tax bills. Many are unaware however, that one way they can do this is by claiming capital allowances on their commercial property, through which they can offset the resulting tax…
In the past few weeks we’ve received lots of questions about the Coronavirus Job Retention Scheme (CJRS) and furloughing. As Chancellor Rishi Sunak has now announced that the scheme will be extended until October, we thought it would be helpful…
As part of plans to support small businesses affected by the Coronavirus, the Government has unveiled a new Bounce Back Loan Scheme (BBLS), which will enable companies to access finance to mitigate the effects of the lockdown on their cashflow.…
Millions of people are understandably concerned about their financial affairs, given the uncertainty caused by the UK-wide Coronavirus lockdown. One of the key ways to mitigate this uncertainty is through sound planning and taking a proactive approach to the management…
As the Coronavirus lockdown continues, the Government has made available a range of financial support options for individuals and companies, both small and large, who have been affected by the pandemic. In this blog, we’ll cover the basics of each,…
On 11th March, the UK received its first Budget in seventeen months from the new Chancellor of the Exchequer, Rishi Sunak. In this blog post, Manchester chartered accountant, MCC, gives you a broad overview of the major tax changes due…
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