Amending a PSA for COVID-19 benefits

Amending a PSA for COVID

You can use a PAYE Settlement Agreement (PSA) if you wish to settle the tax liability arising on the provision of a benefit-in-kind or an expense on an employee’s behalf. This can be useful if you wish to preserve the goodwill nature of a particular benefit. Nature of a PSA Where a PSA is in […]

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 […]

Top 20 most popular questions from small businesses in 2020

Hatch-an-idea-JGBC Accounting|Bookkeeping|Payroll & Taxes|business advice consultancy|start up|micro and small businesses|quickbooks|quickbooks online uk|new business ideas

At JGBC, we aim to keep our clients informed throughout the year and make sure they have all their business questions answered. In this blog post, we gather the most-asked questions from small businesses in 2020. It has been a challenging year for all companies, big and small. However,  as much and as fast as […]

How to choose the best payroll software?

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

Speaking of paying people, in today’s world it’s really important that you use really time-efficient and automated payroll software. When I first took on an employee, I used a bit of an old, outdated system. The system was a computer-based software which I had to back up. If I wanted to open it on another […]