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As the world begins to open up a little more, the schemes put in place to support businesses are starting to come to a close. Any business that deferred VAT in the wake of the coronavirus pandemic must act before 30 June 2021.   What is the VAT deferral scheme? In a bid to help....

On 8th July 2020 the Chancellor, as part of his plan for jobs, introduced the Kickstart Scheme. Initially this was only being offered to larger businesses who could create a minimum of 30 jobs and since its launch in September has created over 120,000 jobs.   Earlier this month, thanks to a campaign from hundreds....

It can be difficult to keep track of the various coronavirus schemes available and when you need to take action to make sure you do not miss out.   To help you, in this blog post we provide a timeline, in order of dates occurring soonest, some going right through to 2030. We also provide....

As midnight hit on 31st January, most accountants rejoiced knowing their returns were all submitted on time. We were no different, immediately turning our attention to the big changes to come throughout 2021. We thought now would be the perfect time to update you on the major changes in legislation that you may need to....

The main headlines of the Spending Review 2020- 2021 This afternoon Rishi Sunak delivered his spend review. This is an announcement about how and where public funds were going to be spent in the future.   Opening with the priority of protecting peoples lives and livelihoods, £55b has been allocated to tackling the virus outbreak....

Support grants available for closed businesses.   It’s a tough time to be in business right now, regardless of the sector, but if you operate within an industry which has been ordered to close due to local or national restrictions there is some form of financial help available. Following the announcement last night, there are....

We have been shortlisted in both the Independent Firm of the Year and Trainee Accountant of the Year categories for the coveted Yorkshire Accountancy awards.   Bringing together Yorkshire’s outstanding accountancy talent, the Yorkshire Accountancy Awards celebrates the region’s best and brightest in accountancy. With a wide range of individual and team honours, the ceremony....

What is the CJRS Extension / Extended Furlough Scheme?   On 5th November Rishi Sunak introduced CJRS.3. Despite the preparations and planning that went into the Job Support Scheme, which was due to start 4 days earlier and is now put on hold for the foreseeable future, the government announced this extension to the furlough....

  We are pleased to announce our appointment of a Senior Business Development Manager to compliment an extended period of growth.     Sowerby have seen significant growth over the past ten years both through acquisitions and organic development, and we strongly believe that this advancement is due to a focus on exceptional client service,....

Coronavirus: Job Retention Scheme Extension…   On 31st October the Prime Minister announced that the Job Retention Scheme (JRS) would be extended for a further month.   We are awaiting finalised information but currently available information is summarised below:     The Job Support Scheme has been postponed and will be reviewed once the extended....