Chancellor Rishi Sunak unveiled the Winter Economy Plan last month and the measures to protect jobs amidst the coronavirus pandemic. The key things addressed are: New Job Support Scheme Extension to Self Employment Income Support Scheme Businesses loan repayment flexibility VAT deferrals and reduction extensions Support for employees A new Jobs Support Scheme will […]
2020 has been difficult for most on new job prospects and career soaring achievements. Young people have been hit especially hard, with unemployment rate for 16-24 year olds at 12.7% in April-June 2020 compared to 11.6% at the same time last year.* As part of the coronavirus economic recovery plan, the Government has proactively introduced […]
Some people are likely to have worked from home at one point or another in recent years. Businesses slowly started to adapt to a more flexible working approach to meet an increasing demand. But, throw in a global health crisis and suddenly you have not just one person working from home, but a whole team […]
As concerns grew earlier this year about the pandemic, some businesses were able to quickly adopt a working from home plan. For others, remote work wasn’t a viable option, such as for those in the hospitality industry. While the pandemic is still an issue we shouldn’t ignore, many businesses, including offices, shops and restaurants, are […]
Video conferencing is not a new medium for most businesses in our globalised world, but since COVID-19, the adoption has been widespread within businesses internally, as well as externally. Teleconferencing company, Zoom, reported massive growth and doubled in revenue for its fiscal first-quarter between February and April, unsurprisingly driven by the surge in users as […]
What does a bookkeeper do, what does an accountant do, and which do I need for my business? Most people would be hard-pressed to describe the differences that each role performs. They are both critical to managing your business’s finances, but traditionally have varying skills and duties to support your business in different stages of […]
Chancellor Rishi Sunak announced the Governments economic recovery plan for the UK in his summer economic statement. The plan aims to stimulate economic recovery following the adverse effects of COVID-19. Here is a summary of the announcement. Introduction of the Job Retention Bonus As a follow up to the original Coronavirus Job Retention Scheme, which […]
Helping Small Business be More Productive Addition Accounting has humble origins. It does, however, have lofty ambitions. Addition has developed a software enabled bookkeeping solution that not only saves time, but also provides meaningful insights to enable business owners to maximise success. For the first time, Addition has levelled the playing field, offering small businesses […]
Supporting Companies through a challenging time Running your own business during this time is tough. It can be hard even at the best of times. To support you through this challenging time, we have put together a list of information with the various Government schemes designed to help you navigate this period. We remain on-hand […]
Going Digital with your Tax Returns There is no doubt that the world has gone digital. Digitization is affecting all industries, businesses, and people. The benefits of digitization can be found in many forms. From streamlining business practice, to better filing and archiving of information. There is a great opportunity to improve the way you […]