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A round up of topical news articles.
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06 Apr 2020
On 17 March, Chancellor Rishi Sunak unveiled a package of support for the UK economy as it combats the COVID-19 pandemic.
On 26 March, Chancellor Rishi Sunak announced a scheme to help self-employed workers who have been hit by the COVID-19 crisis.
Financial regulators have requested a moratorium on corporate financial reports for at least two weeks.
Businesses that have been affected by the COVID-19 pandemic and are seeking to make use of the VAT deferral have been urged to cancel their direct debits 'as soon as they can'.
Legislation has been enacted to change reporting obligations for residential property gains chargeable on UK resident individuals, trustees and personal representatives.
As part of its drive to encourage green motoring, the government has introduced a new emissions test, as well as new car benefit percentages.
HMRC has delayed the introduction of off-payroll rules to the private sector as part of its measures to support businesses through the COVID-19 pandemic.
From 1 April the spending limit for contactless card payments increased.
18 Mar 2020
Chancellor Rishi Sunak has set out a package of temporary, targeted measures to support public services, people and businesses through the period of disruption caused by COVID-19.
12 Mar 2020
The Chancellor Rishi Sunak presented his first Budget on Wednesday 11 March 2020.
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For the continued health and safety of our staff and clients, the J V Banks offices in Rhyl and Llandudno have been temporarily closed effective 23 March 2020. Our partners and key staff are now working from home.
The change in location has had little impact on us operationally and we continue to provide our accountancy, VAT and payroll services as normal.
Our telephone and email contact details remain the same.
You may continue to drop off any records through letterboxes at our offices, and post items to us in the usual way. Items will be collected on a rota basis by one of our team regularly.
Please note: if your item is time sensitive or urgent please email or telephone your usual contact in the first instance.
All face to face client meetings have also been suspended and we will work with you to establish alternative arrangements if you are affected by this.
We have been inundated with requests for information regarding the impact of COVID-19 on business and on Government support packages available.
There is a range of COVID-19 content available on our website and we will continue to update you via our email newsletters when information becomes available.
This is a challenging time for us all and J V Banks appreciate the trust you place in us and hope everyone stays safe and well.
J V Banks