News - Simas Accounting & Tax

How To Kick-Start After Lockdown

A handful of businesses have thrived during the lockdown but unfortunately many have really struggled.
As the governments drive for people to return to work continues, many businesses need to rebuild themselves.
But what does this look like?

grow your business

Platinum Pro Advisor

We are obviously very proud of our QuickBooks Platinum Pro Advisor award.

It celebrates a lot of hard work and dedication, as well as recognising our ever deepening knowledge of QuickBooks.
The ways in which this award benefits our clients is outlined in our blog.

QB Platinum

Working From Home

Thousands of employees are now being required to work from home due to Covid-19.

But are they all claiming the tax back on the extra costs that are being incurred?
We outline exactly what you can claim and how to claim in this week’s blog.

claim tax back

Eat Out To Help Out

From 3rd to 31st August, get a 50% discount when you eat-in at restaurants that are registered with the scheme.

It’s hoped the scheme will provide a boost to the hospitality industry, now that the national lockdown is easing. Use the search tool within our blog to see who near you is taking part.

eat out to help out scheme

Could Your Finances Be Recession Proof?

As the IMF announce the economy will shrink by 3%, how do households and indeed companies stay afloat and continue to thrive?
Simas have complied six quick and easy to implement ways to future proof your finances.

recession proof

Lenders Announce A Mortgage Payment Holiday

For many people, the mortgage payment holiday has provided a much needed lifeline.
If you have not yet taken a mortgage payment holiday, it’s definitely worth finding out more, and seeing if it is something of benefit.

buy to let

How To Re-open After The COVID-19 Lockdown

Although the government has not confirmed when a post-coronavirus return to the office might happen, but companies have started strategising.
Being ‘Covid Secure’ has become the new buzz word – but what does it actually mean?

covid lockdown

Fraud trends from Covid-19

The UK Financial Intelligence Unit has published a guidance note on COVID-19 that sets out their recent observations about the rises in fraud.
They have also set out new Glossary Codes in relation to any COVID-19 suspicions, fraudulent use of Government Priority Schemes and fraudulent use of the HMRC Self-Assessment Tax Refunds system.

Fraud and phishing

The Bounce Back Loan Scheme for Small businesses

The UK’s biggest banks have said they will ease their lending conditions via the bounce back loan scheme to make it easier for small businesses to access cash through the coronavirus business loan schemes. Chancellor Rishi Sunak offered 100 per cent guarantees to the smallest businesses.

Bounce back loan

Coronavirus Job Retention Scheme

The Coronavirus Job Retention Scheme is a temporary scheme open to all UK employers starting from 1 March 2020. It is there to support employers whose operations have been severely affected by coronavirus (COVID-19). Employers can claim for 80% of furloughed employees.

Coronavirus Job Retention Scheme