Plan ahead for increases in the dividend tax rates

Plan ahead for increases in the dividend tax rates

As part of the Government’s funding strategy for health and social care, the dividend tax rates are to be increased from April 2022, alongside the temporary increases in National Insurance, and, from April 2023, the introduction of the Health and Social Care Levy. The increases in the dividend tax rates will affect you if you […]

National Insurance rises and the Health and Social Care Levy

National Insurance rises and the Health and Social Care

On 8 September 2021, the Prime Minister outlined the Government’s plans for health and social care, including a new funding strategy designed to meet social care costs. A new tax, the Health and Social Care Levy, is to be introduced from 2023. However, as a temporary measure prior to its introduction, National Insurance contributions will […]

End of the CJRS

Paying tax and National Insurance

The Coronavirus Job Retention Scheme (CJRS) came to an end on 30 September 2021. The scheme has provided financial help to employers and employees during the COVID-19 pandemic, allowing employers to claim grants with which to pay furloughed and flexibly furloughed employees. If you still have employees who are on furlough, or who are flexibly […]

Get ready for the plastic packaging tax

Get ready for the plastic packaging tax The plastic packaging tax is a new tax which is being introduced from 1 April 2022. The tax aims to provide a financial incentive to use recycled plastic in plastic packaging, which in turn will boost recycling and divert plastic away from landfill. You may have to pay […]

Kickstart Scheme

Kickstart Scheme You may be able to benefit from funding under the Kickstart Scheme if you are looking to create new jobs for young people. Information on the scheme can be found in the Kickstart Scheme Employer Prospectus. Nature of the scheme The scheme aims to create jobs for young people who are unemployed. The […]

Further grants available under the SEISS

Further grants available under the SEISS The Self-Employment Income Support Scheme (SEISS) provides grant support to eligible self-employed taxpayers who have been adversely affected by the COVID-19 pandemic. A further two grants are to be paid under the scheme. In addition, the scheme has been expanded to include those who commenced self-employment in 2019/20. Guidance […]

Furlough Scheme Extended

The Coronavirus Job Retention Scheme (CJRS) has provided a lifeline for many employers and employees during the COVID-19 pandemic. The scheme was due to come to an end on 30 April 2021. However, at the time of the 2021 Budget, the Chancellor, Rishi Sunak, announced that the scheme would, once again, be extended. It will […]

Tax Updates for Individuals

Thresholds and allowances frozen until April 2026 To help meet some of the costs of the COVID-19 pandemic, the Chancellor has opted to freeze various allowances and thresholds until April 2026, rather than increase the rates of income tax and capital gains tax. As incomes rise over the period, more people will pay tax, and […]

New Year, New Owner

New Year, New Owner Accounting|Bookkeeping|Payroll & Taxes|business advice consultancy|start up|micro and small businesses|quickbooks|quickbooks online uk|new business ideas

Hello,  Firstly let me say Happy New Year, I hope you managed to have a good Christmas and got some time off to relax after a hectic 2020.  Im writing to you today to pass on some news about JGBC and our future.  Over the Christmas break I agreed a deal to sell JGBC Limited to OnPoint […]

The Benefits of Becoming an Accredited Living Wage Employer

Living Wage Employer -JGBC Accounting|Bookkeeping|Payroll & Taxes|business advice consultancy|start up|micro and small businesses|quickbooks|quickbooks online uk|new business ideas

JGBC are proud to announce our formal accreditation as a Living Wage Employer. We have always delivered wages in line or above national living wage so felt it was time to officially become a Living Wage Employer. We believe this demonstrates how JGBC purpose and values influence our day-to-day decisions and make a positive contribution […]