In last Wednesday’s Summer Statement, Chancellor Rishi Sunak announced an innovative new scheme to encourage people to venture back into restaurants and cafés for a meal. RfM has pledged support to the Eat Out to Help Out scheme by giving an extra cash incentive to colleagues who dine out at a participating venue.
If your business has been affected by the coronavirus, you will no doubt be exploring all the options for cutting costs and increasing revenues – including reducing your payroll. But redundancies may not be the best or only way to save money or improve the productivity of your workforce.
So far, 2020 has not gone quite as we expected. We certainly didn’t expect to be launching a new RfM office in the midst of a global pandemic and all the challenges that has brought. But we believe in being proactive and seizing opportunities, and are delighted to announce the launch of our newest office: RfM Manchester.
If you are struggling to pay your second Self Assessment payment on account this month because of the coronavirus, you have the option to defer paying until January 2021.
The lockdown due to COVID-19 has brought particular challenges for trade contractors who provide their services to people in their homes or places of work. Businesses like RfM client Phillip Metcalf Cooling & Heating Services have had to make major changes to ensure the safety of staff and customers when doing essential work. So receiving the news that he’d been recognised as the UK’s No.1 Heating Installer during such a difficult period was especially significant for owner Phillip.
With Lasting Powers of Attorney, you can support a vulnerable loved one with banking, financial and health-related tasks.
The government has announced a new coronavirus grant fund to help small and micro businesses with fixed property costs who are not eligible for the Small Business Grant Fund or the Retail, Hospitality and Leisure Grant Fund.
Are you missing out on a tax-free payment from the government? R&D tax credits allow you to offset the cost of R&D activity against your tax bill and also receive a cash lump sum on top. If your business is eligible, you could receive a payment from HMRC within 28 days of making a claim.
Being a good accountant is not about having an aptitude for numbers or knowledge of tax legislation. It is about getting to know a client and their business so that you can give sound advice that adds value and supports their aims. The team at RfM Morecambe & Lancaster and RfM South Lakes are committed to this approach (which we call + more). Meet them here.
Our clients and other companies are reaching out to RfM to help them to navigate their way through the crisis with their businesses intact. In the spirit of + more, we are doing what we can, where we can, to help them through.
Here we share news and tips to help keep your payroll service running smoothly – so everyone is happy come payday!
Back in April, the government announced financial support for the self-employed in the form of free, taxable grants to be paid in June. It is now time to check whether you are eligible to make a claim when applications for the Self-employment Income Support Scheme open from 13 May.
The latest of the government’s financial support initiatives is set to launch next Monday 4 May. The Coronavirus Bounce Back Loan Scheme will help small and medium-sized businesses to apply for loans of up to £50,000.
Have you been unable to access business funding via the CBILS? We have an introductory relationship with one of the UK’s largest independent finance brokers who may be able to source an alternative finance solution to keep your business running.