Yearly Archives: 2020

Furlough – Frequently Asked Questions for Glos Employers

ESB Accountancy’s Furlough FAQs- Frequently Asked Questions for Gloucestershire employers. This blog post leads on from yesterday’s ESB Accountancy’s previous post at – Furlough – it’s meaning for Gloucestershire employers Do I have to place all of my employees on furlough, or can I be selective? It is clear that the Treasury does not envisage […]

Furlough – meaning for Glos employers

ESB Accountancy explains what furlough means and how is it different from being laid off for Gloucestershire employers? Furlough means ‘temporary leave of absence’ and it is not a term that has been used in UK employment law – until now. It seems that an employer will be asked to designate an employee as being […]

Coronavirus – Frequently Asked Questions

ESB Accountancy in Glos explains what is the Government’s ‘Coronavirus Job Retention Scheme’ and when does it come into effect? The Government has announced a radical job retention scheme that will cover 80% of the wage costs of employees who are ‘furloughed’ by their employer – up to a maximum of £2,500 per month. ESB […]

Tax advice for Residential landlords in Gloucestershire

HMRC has recently released some tax advice for residential Landlords. They describe it fetchingly as “HMRC’s property income manual at PIM20158” where the reduction is computed using (b) or (c), the difference between that figure and (a) is carried forward to calculate the basic rate reduction in the following year. Alternatively ESB Accountancy in Gloucestershire […]

Residential Landlords Tax situation in Glos

ESB Accountancy reminds Residential Landlords of their tax situation in Glos, Gloucestershire As we head towards a new tax year, advisers might want to initiate conversations with residential landlord clients on a range of topics with the potential to sway tax bills. These include the annal phase of the restriction for finance costs and, given […]