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Not all businesses are going to survive the next three months. If your customers are in isolation and cannot get to you or you cannot deliver or they cannot pay you, there is the reality of reduced or no sales for the next three or so months and even beyond if the virus remains.   The…Read More

11 Government Supports Businesses Should Be Aware Of During COVID-19

To view our Business Risk & Financial Planning for COIVD-19 PDF click here. #1 GOVERNMENT SUPPORT FOR BUSINESSES On Friday 20th the Chancellor set out a package of measures to support public services, people and businesses through the period of disruption caused by COVID-19. The package of measures to support businesses includes: Coronavirus Job Retention…Read More

COVID-19: VAT/SA Deferrals & Job Retention Scheme

As of Friday evening the Chancellor announced further measures to support people and businesses through this period of disruption caused by COVID-19. This includes: Support for businesses through the Coronavirus Job Retention Scheme All UK employers will be able to access support to continue paying part of their employee’s salary for those employees that would…Read More

Spring 2020 Budget: What Small Businesses & Individuals Need To Know

Rishi Sunak, the newly appointed Chancellor of the Exchequer, has delivered his first Budget to the House of Commons. The 2020 Budget contains changes to National Insurance thresholds, broadband, infrastructure spending and pensions. 2020 Budget Supporting Public Services, Individuals & Business Taking place against the backdrop of the global outbreak of Covid-19, the 2020 Spring…Read More

Five minutes with… Kevin Turner, TurnerWarran

CityX took five minutes out of the busy schedule to speak to Kevin Turner, Managing Partner at TurnerWarran, to find out more about his business, how 2019 has been and his plans for 2020: Tell us about the business, what is it you do? “TurnerWarran are a firm of Accountants in Brigg offering a personal…Read More

Chancellor Announces Spring Statement Date

The Chancellor of the Exchequer, Philip Hammond, has announced that the government will respond to the forecast from the Office for Budget Responsibility (OBR) in a Spring Statement on Wednesday 13 March 2019. The slimmed down fiscal announcement will be held just 17 days before the UK is scheduled to leave the EU. In line…Read More

VAT for businesses if there’s no Brexit deal

Delivering the deal negotiated with the EU remains the government’s top priority. This has not changed. However, the government must prepare for every eventuality, including a no deal scenario. For 2 years, the government has been implementing a significant programme of work to ensure that the UK is prepared to leave the EU on 29…Read More

Let Property Campaign

The Let Property Campaign gives you an opportunity to bring your tax affairs up to date if you’re an individual landlord letting out residential property in the UK or abroad and to get the best possible terms to pay the tax you owe. If you owe tax on your letting income you’ll need to tell…Read More

Finance Bill 2018-19 – The Government Release A Draft Legislation

This legislation, which implements tax policies announced in recent fiscal events, continues the government’s commitment to a competitive and fair tax system. Removing barriers for investment in the gas and oil industry, tackling tax avoidance using profit fragmentation and making amendments to the corporate interest restriction rules are just a handful of the key policies…Read More

Making Tax Digital – Get Ready For Digital Tax

Are You VAT Registered? If you answered yes then you are part of HMRC’s vision to digitalise the UK tax system. Businesses and landlords will be required to use a digital software to maintain their records and to update HMRC quarterly, starting with VAT. This is all part of the Making Tax Digital (MTD) legislation. By…Read More

We’re exhibiting at the Hull and Humber Chamber Expo 2018!

TurnerWarran will be exhibiting at Hull and Humber Chamber Expo on June 7th at the Costello Stadium, feel free to pop along where the team will be waiting to answer any queries and will give helpful advice on what services could benefit your business. Meet new contacts and grow your business at the region’s premier…Read More

GDPR Regulations 2018 and The Use Of Personal Data

Data Protection laws are changing! The General Data Protection Regulation (GDPR) comes into force on the 25 May 2018. It’s a single set of rules that is designed to protect the privacy of individuals in their private, professional or public life. The regulation will change the way we can collect, use and transfer personal data.…Read More

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