Venues required to record contact details

23/09/2020 – It has become a requirement for premises and venues across England to have a system in place to record contact details … More...

Changes to duty free shopping

23/09/2020 – The government has published the new rules for duty free and tax free shopping that will come into effect from 1 January … More...

Claiming tax relief for work related expenses

23/09/2020 – Employees who need to buy equipment to use as part of their employment may be able to claim tax relief based on the cost … More...


Breathing space to help those in debt
11/02/2020

HM Treasury has confirmed that the new 'breathing space' scheme to help those with problem debts will become operational next year. The scheme will provide legal protections from creditor action while those affected will receive professional debt advice in order to find an appropriate solution to their debt issues.

The breathing space scheme will have a 60-day respite period during which individuals will be protected from almost all enforcement action by creditors whilst working with a debt advice agency. The scheme will apply to almost all personal debts such as credit cards and loans as well a wide range of debts owed to the Government. The use of the scheme will help prevent debts from continuing to spiral by stopping the accrual of contractual interest, default interest, fees and charges during the breathing space period.

The same measures will apply to certain vulnerable individuals working with Approved Mental Health Professionals. Creditors will also benefit from the introduction of the scheme with over £400 million in extra repayments expected in the first year, as individuals get the support they need to get their payments back on track. The Government has estimated that up to 700,000 people across the UK will use the scheme during its first year in operation.


Accounts

We specialise in preparing end of year statutory accounts for your business, in line with HM Revenue & Customs legislation:

Sole Traders & Partnerships
Limited Companies
Limited Liability Partnerships
Property Management Companies
Property rental income accounts

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Bookkeeping

We can adivise on the best bookkeeping options for your needs and budget, if you would prefer to do the bookkeeping yourself.

There are a number of excellent options including Sage desktop software and market leading online solutions, such as Kashflow & Xero.

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Payroll

ejbc payroll

We can set-up and run your payroll scheme or advise on:

Setting up a new payroll system
Day to day payroll processing
Dealing with PAYE and NI deductions
Completing your end of year returns
Holiday & Statutory pay
Stakeholder pensions

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Start Ups

Starting a Business is an exciting opportunity but at the same time can be daunting.

Why not let us take some of the stress away. We are on hand from the outset to help you through many of the challenges of getting your business up and running successfully.

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Contact Us

The Rectory, 1 Toomers Wharf, Canal Walk
Newbury
Berkshire
RG14 1DY
Phone: 01635 46174
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