The Chancellor has this evening announced a new self-employed income support scheme. The Government will pay self-employed people a taxable grant of 80% of their average monthly trading profit over […]
As promised by the Government, further detail was provided on the Coronavirus Business Interruption Loan Scheme (CBILS) this week, and in what was an unprecedented timeframe, the scheme is now […]
In conjunction with Government guidance and in support of national health efforts, we have taken the difficult decision to temporarily close our offices in Rugby and Leicester until further notice. […]
In a bid to ease the strain on economy, the Chancellor has followed through on his promise ‘to do whatever it takes’ to support the economy in a series of […]
We at Magma are here to support your business In what is proving to be a constantly evolving situation with COVID-19, we at Magma are staying informed on the financial […]
Yesterday, the Chancellor announced further support for businesses and individuals which could prove invaluable to those suffering from the economic impact of the global Coronavirus pandemic. Sunak’s bold measures […]
The dedicated HMRC helpline for businesses and self-employed individuals, who have concerns about paying their tax due to COVID-19, as promised at Budget 2020, is now in operation. Web link […]
Chancellor Rishi Sunak has delivered his first Budget with “Getting it done” the message the Government clearly wanted to get across. In this Spring Budget 2020 summary we provide some […]
Many workers who have been providing their services through an intermediary, such as a personal service company (PSC), may find that their company is no longer required. This may be […]
Recent research from mortgage lenders revealed that over half of all landlords do not use the services of a tax adviser. Lenders expressed concern that this could mean that ‘advisers […]
