Armstrongs expands into Hinckley

Jun 08, 2020

New Hinckley Office for Armstrongs

We are pleased to announce that following a merger with Hinckley-based accountancy firm Lester & Co, Armstrongs has expanded into Leicestershire. 

The…

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MPs open inquiry into £155 billion of tax reliefs

Jun 08, 2020

The Public Accounts Committee (PAC) has opened an inquiry into the UK's management of £155 billion of tax relief.

The inquiry follows the February publication of a National Audit Office (NAO)…

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UK sets out post-Brexit tariff regime

Jun 08, 2020

The UK government published its plans for a new import tariff regime following the end of the Brexit transition period.

Following its departure from the EU, the UK has the ability to set its…

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Changes to insolvency and company law going through Parliament

Jun 08, 2020

The government is making changes to insolvency and company law as a result of the COVID-19 pandemic.

The Corporate Insolvency and Governance Bill outlines that struggling companies will be given…

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Coronavirus Statutory Sick Pay Rebate Scheme goes live

Jun 08, 2020

On 26 May 2020, HMRC opened up its Statutory Sick Pay (SSP) rebate claim service.

Eligible employers are able to recoup up to two weeks' worth of SSP payments made to employees off work for…

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Loan size increased to £200 million under large business interruption scheme

Jun 08, 2020

Several changes to the CLBILS scheme have taken effect from 26 May. The government has extended the maximum loan size available through the Coronavirus Large Business Interruption Loan Scheme (CLBILS)…

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COVID-19: delay to VAT reverse charge on construction services

Jun 08, 2020

On 5 June 2020, HMRC announced a five-month delay to the introduction of the domestic VAT reverse charge for construction services, due to the impact of the COVID-19 pandemic on the sector.

The…

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Chancellor announces changes to Job Retention Scheme

Jun 08, 2020

Chancellor Rishi Sunak has announced changes to the government's Coronavirus Job Retention Scheme (JRS), which will be slowly wound down between July and October.

The changes mean businesses…

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Future Fund launches to give start-ups coronavirus support

Jun 08, 2020

On 20 May 2020, the government launched its Future Fund package, which aims to support start-up businesses not eligible for other COVID-19 rescue measures.

The Future Fund offers government…

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