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There have been no updates of any note issued by the Government which would affect clients over the last few days.

We have heard, however, that whilst not officially announced, HMRC have apparently indicated that, Company Directors can be furloughed even though they may still be carrying on with statutory duties as Directors. This accords with indications given in previous updates, and seems to accord with the intimations within the Government information published. Note, however, this has not been formally confirmed, and would of course only apply to Directors salaries and not dividends.

In relation to the self-employed, we do also have a calculator we can use to assess the amount you would be eligible to claim based on your last 3 years declared self-employed income, so please contact us should you wish to check this.

As a brief summary of recent Government announcements, these can be accessed here.

Please get in touch to discuss anything affecting your business or financial affairs.

Andrew Baggott
Managing Partner

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Clarke Nicklin House, Brooks Drive, Cheadle Royal Business Park, Cheadle, Cheshire, SK8 3TD. Registered Number OC309225.
The firm is registered to carry on audit work in the UK & Ireland. Details about our audit registration can be viewed at www.auditregister.org.uk under reference number C001178544. The professional rules applicable are the Audit Regulations and Guidance which can be found at www.icaew.com/regulations, and the International Standards on Auditing (UK and Ireland) which can be found at www.frc.org.uk/apb/publications/isa.cfm.