01953 879175

DD Accountancy is a Xero Partner & Certified Advisor

DD Accountancy is a Xero Partner and Certified Advisor. We believe that building partnerships with quality technology platforms allow us to provide better quality solutions to our clients. What is Xero? Xero is a cloud based bookkeeping platform aimed at small and medium businesses. Being cloud based means it a good financial collaboration tool between your… Continue reading DD Accountancy is a Xero Partner & Certified Advisor

March 2021 – Pre Budget report

A collection of coins grouped to resemble UK & Ireland

The 2021 UK Budget is possibly the most anticipated budget of a lifetime, fuelled by the ongoing coronavirus pandemic as well as the global economic crisis which has developed. This year’s budget will also be the first for the UK since leaving the EU and millions of people will be watching closely for changes and… Continue reading March 2021 – Pre Budget report

Job Support Scheme

The new job support scheme has been brought in by the UK from 1 November 2020 in order for the government to protect viable jobs in the wake of the Coronavirus pandemic. The job support scheme will ensure that the government pays one third of employees hours up to a cap. This scheme should ensure… Continue reading Job Support Scheme

Check if you claim the Job Retention Bonus from 15 February 2021

You cannot claim the Job Retention Bonus until 15 February 2021. This guidance will be updated by the end of January 2021 with details on how to access the online claim service on GOV.UK. The Job Retention Bonus is a £1,000 one-off taxable payment to you (the employer), for each eligible employee that you furloughed… Continue reading Check if you claim the Job Retention Bonus from 15 February 2021

Coronavirus Job Retention Scheme

Coronavirus Job Retention Scheme30 November 2020 is the last day you can submit claims for periods ending on or before 31 October 2020. After this date you will not be able to submit any further claims or add to existing claims. Please make sure everything is submitted in time.

Kickstart Scheme

The Kickstart Scheme provides funding to employers to create new 6-month job placements for young people who are currently on Universal Credit and at risk of long-term unemployment. This is part of the government’s Plan for Jobs and aims to create hundreds and thousands of new, fully funded jobs across England, Scotland and Wales. The… Continue reading Kickstart Scheme

Self-Employment Income Support Scheme grant extension

The grant extension is for self-employed individuals who are currently eligible for the Self-Employment Income Support Scheme and are actively continuing to trade, but are facing reduced demand due to coronavirus (COVID-19). 1. Who can claimTo be eligible for the grant extension self-employed individuals, including members of partnerships, must: Currently be eligible for the the… Continue reading Self-Employment Income Support Scheme grant extension

Furlough Scheme Extended

Following on from the Governments announcement on Saturday 31 October the furlough scheme will remain open until December with employees receiving 80% of their current salary for hours not worked, up to a maximum of £2,500. Employers small or large, charitable or non-profit are eligible for the Job Retention Scheme. Businesses will have flexibility to… Continue reading Furlough Scheme Extended

Job Retention Scheme Extension

Extension to the Coronavirus Job Retention Scheme The Chancellor has announced that CJRS will be extended until the end of March 2021 for all parts of the UK. For claim periods running to 31 January 2021, the UK Government will pay 80% of employees’ usual wages for hours not worked, up to a cap of… Continue reading Job Retention Scheme Extension

Annual Investment Allowance £1m cap extended for a year

Businesses, including manufacturing firms, can continue to claim up to £1m in same-year tax relief through the AIA for capital investments in plant and machinery assets until 1 January 2022. The extension of the temporary £1m cap was originally due to revert to £200,000 on 1 January 2021. Jesse Norman, financial secretary to the Treasury,… Continue reading Annual Investment Allowance £1m cap extended for a year