There has probably never been a better time to have a competent accountant than right now. Working with a good Tax Accountant Tadworth is a vital practice of good business practice in general, but this is especially true in times of economic uncertainty. The British Government’s response to the COVID-19 pandemic has created a range of challenges and limitations for British businesses. In this time of continuing uncertainty, the British Government has recently announced changes to the Coronavirus Job Retention Scheme. These changes should make it much easier for employers to retain their staff and keep them working part-time.
Initially, the CJRS was announced as a short-term measure to send employees on furlough for a period of a few months, while the COVID-19 pandemic was at its peak. It seems now that social distancing is going to be expected for the foreseeable future, and so the CJRS has been adjusted. Employers can now bring employees back to work on a part-time basis, while the government continues to pay their salaries or wages for the period that they are not at work. The amount of government support is going to gradually be reduced over the coming months until the scheme is phased out at the end of October.
If you’re in any doubt about how you can employ the CJRS, you should consider working with David Beckman and Co. Ltd. As a tax accountant in Tadworth, the firm has a team of qualified, experienced accountants, who can help you make the most of the CJRS. You can also work with the team to adjust your tax plan and manage bookkeeping throughout the COVID-19 pandemic, to ensure that you follow the new guidelines. The provides excellent customer service and a tailored approach to accountancy. In a time of such uncertainty, why not take back some control?
