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Accountancy News and Advice From MCC Accountants

The Extension of COVID-19 Government Business Support

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To support businesses through the pandemic during the winter months, a number of government programmes have recently been extended or replaced by a new scheme. To help you wrap your head around the details, we have drawn up an overview…

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Key Points to Take Away from the Summer Economic Update

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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…

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Payroll Services from MCC

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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…

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Capital Allowances on Commercial Properties

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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…

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Coronavirus Job Retention Scheme in Focus

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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…

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Bounce Back Loans Explained

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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.…

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Reasons to Complete Your Tax Return Early

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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…

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