Yearly Archives: 2020

The long road to recovery for Glos pubs

The long road to recovery for Glos pubs   This year has been tough for hospitality, and the first half of 2021 won’t be easy either.    Glos pubs were working to find a way to reopen safely. This involved a lot of planning and cost. Then we opened, and I think we were all […]

A tech overhaul for Glos hospitality

A tech overhaul for Glos hospitality   Hospitality has been hit particularly hard for survival – new technology has been the only way to build back business.   As the UK locked down in response to the coronavirus pandemic, 80% of hospitality firms ceased trading, according to official figures.   Industry analysts Red Flag Alert […]

Grants and Business rates Relief for Glos businesses

ESB Accountancy outlines business rates relief for retail, leisure and hospitality in Gloucestershire   Gloucestershire businesses in the retail, leisure and hospitality sectors do not have to pay business rates for the 2020/21 tax year. The relief is given automatically by the council and eligible businesses do not need to apply.   Glos Business rates […]

Help for the Self Emplyed explained by ESB Accountancy

Self-employment Income Support Scheme Financial help is available for self-employed individuals and partners in the form of a grant. However, eligibility is limited to those who:   traded in the 2018/19 tax year and submitted their 2018/19 tax return no later than 23 April 2020; traded in 2019/20; intend to continue to trade in 2020/21; […]

Summer economic update for Glos Businesses

Chancellor Rishi Sunak presented the Government’s Summer Economic Update on Wednesday 8 July 2020, setting out his ‘Plan for Jobs’ and measures to boost economic recovery.   Chancellor Rishi Sunak presented the Government’s Summer Economic Update on Wednesday 8 July 2020, setting out his ‘Plan for Jobs’ and measures to boost economic recovery.   Reduced […]

Coronavirus Job Retention Scheme

ESB Accountancy outlines the Coronavirus Job Retention Scheme for Glos Employers   The Coronavirus Job Retention Scheme provides financial support to employers to help them to maintain their workforce during the Covid-19 pandemic. Instead of laying workers off, employers can instead furlough them and claim a grant of 80% of their wages from the Government, […]

Company car tax rules for Gloucestershire companies by ESB Accountancy

Company car tax rules for Gloucestershire companies by ESB Accountancy   The way in which carbon dioxide emissions are measured for company car tax purposes is changing for vehicles first registered on or after 6 April   The change brings with it tweaks to the appropriate percentages over an introductory period during which cars measured under […]

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 […]