Blog

Find latest information and news in our fully up-to-date blog post below.

News
SNP Plus

CJRS and SEISS – Second Round

CJRS – From June 2020 till October 2020 June and July 2020: Employers can claim 80% of wages up to a ceiling of £2,500 and associated Employer National Insurance and Employer Pension Contribution. Hence , there is no change for this period compare to previous claims.August 2020: Employers can only claim 80% of wages up

Read More »
News
SNP Plus

Job Retention Scheme – 29th May 2020 Few Changes

Employers can bring back furloughed employees to work from 01/07/2020. Employers and employees can decide on timing of work. Normal hours not worked can still be claimed as Furlough up to a minimum period of 1 week. From 30/06/2020, no new employees can be furloughed. Previously furloughed employees can still be furloughed though if need

Read More »
News
SNP Plus

How to apply Coronavirus Bounce Back loan

The Bounce Back Loan scheme will help small and medium-sized businesses to borrow between £2,000 and £50,000. The government will guarantee 100% of the loan and there won’t be any fees or interest to pay for the first 12 months. Loan terms will be up to 6 years. No repayments will be due during the

Read More »
News
SNP Plus

How to claim Coronavirus relief for your business

Please watch the video to know about how yourself and your business can claim current relief program announced by the government of United Kingdom as individuals and business large and small are affected by this pandemic. Please note the video is in Nepalese language.

Read More »
News
SNP Plus

Know about VAT

Value-Added Tax (VAT) is a tax on consumer spending. It is collected by VAT-registered businesses on their supplies of goods and services for consideration from their customers. Generally, each such businesses in the chain of supply from the manufacturer through to retailer charges VAT on sales and is entitled to deduct from this amount the

Read More »
News
SNP Plus

Know about Income Tax

Income could be non-savings i.e. salary, trading profit, rental income etc, or savings i.e. interest income from bank and financial institutions or dividend i.e. dividend from UK or foreign companies. If you, as an individual, have salary or interest income, employer or the bank and financial institution deduct tax at source. If you have trading

Read More »
News
SNP Plus

Know about Corporation Tax

Corporation tax is a tax on the taxable profit of a limited company. Taxable profit is different from accounting profit. For small companies, the corporation tax rate is 20% on the taxable profit. Normally, a limited company does not have to pay any other taxes than corporation tax. Small companies have to pay their corporation

Read More »