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Welcome to the accountancy blog from Jacobs Allen, leading chartered accountants in Suffolk. This blog provides the very latest news, views and advice from our senior team. Feel free to comment on any blogs, subscribe via RSS feeds or connect with us socially. Jacobs Allen are proactive accountants that offer fantastic accounting services to both companies and individuals. If you are looking for more than just a traditional service then why not contact Jacobs Allen today?

Coronavirus Deadline for Third SEISS Grant

19th January, 2021

The deadline is fast approaching for self-employed taxpayers to claim their third tranche of the SEISS grant.
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HMRC – Coronavirus Reasonable Excuse

12th January, 2021

HMRC has announced that it will consider Covid as a potential reasonable excuse for failing to pay tax on time or to file your Tax Return on time, and thereby appeal against any penalty for lateness.
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Coronavirus Self-employed Income Support Scheme (SEISS) November 2020 Claims

1st December, 2020

The third tranche of claims under the SEISS opened yesterday for all qualifying self-employed people in the UK. You must make your claim before 29 January 2021. The qualification criteria remain the same as in previous period claims. However, there is a significant difference bet…
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Coronavirus Job Retention Scheme (CJRS) Claims Deadlines from November 2020 onwards

13th November, 2020

New, tighter monthly deadlines for making claims for support under the CJRS apply for claims periods from 1 November 2020.
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Coronavirus Job Retention Scheme (CJRS) for Directors

6th November, 2020

Many small companies with owner / directors have not been able to benefit significantly from the support offered by government in respect of furlough arrangements, since they often take only a small salary and then take their main income as dividends from the company when they see what profit it has made.
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Furlough Update – Coronavirus Job Retention Scheme (CJRS)

5th November, 2020

The government has announced an extension of the Furlough (CJRS) scheme that is to be active from 1 November 2020 until 31 March 2021.
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Self-Employed Income Support Scheme (SEISS)

5th November, 2020

In September, the government announced an extension of the SEISS for a third and fourth tranche of the SEISS grant to cover the six month period of November 2020 to January 2021, then February to April 2021.
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Job Support Scheme (JSS) – Update

23rd October, 2020

The Job Support Scheme (JSS) replaces the Coronavirus Job Retention Scheme (CJRS), which ends on 31 October.
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Job Support Scheme (JSS) and Calculation Tool

30th September, 2020

Click here download the Jobs Support Scheme Calculation Tool.

The Chancellor announced on 24 September 2020 that this new scheme will replace the Coronavirus Job Retention Scheme (CJRS) when that scheme ends on 31 October. From 1 November, this replacement JSS is less generous…
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Winter Economic Plan – Extensions to Government Support Schemes

28th September, 2020

VAT Reduced Rate for Hospitality
Changes to Loan Arrangements for BBLs & CBILS
Time to pay for deferred VAT & self-assessment tax

In response to the continued impacts of covid-19 the government has decided to extend various measures which were initially introduce…
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Our team of expert accountants, business strategists, tax specialists and auditors have worked with owners of a broad range of businesses at every stage of their development to grow, prosper and consolidate. In fact, we’re immensely proud that other accountants in Suffolk and UK-wide consult our tax saving experts for advice; we believe that speaks volumes about the depth of expertise and knowledge we possess.

Whatever obstacles you need to overcome, we employ a ‘never say never’ approach.

Something to shout about

Outstanding service and knowledge. Very highly recommended. We met with Keith Senior for advice relating to starting a new business in Bury. Keith met with us for close to an hour at no charge and provided both a referral and excellent advice. Everybody we met has been a pleasure to deal with and we feel much more confident moving forward with our plans. You will be in good hands with this firm.

Joe A

I chose to come to Jacobs Allen for advice as I felt you as Chartered Accountants were clearly knowledgeable yet very approachable, friendly and welcoming. To have all of my queries dealt with so professionally in a relaxed manner allayed any concerns I had about my tax affairs, past present and future. Your advice giving me a clear plan of the actions I have to take and your offer of assistance to put it into practice helped enormously in focussing my attention on building my business.

John H

You are obviously very knowledgeable and able to relate your expertise in an easy to understand way. We will definitely use Jacobs Allen Chartered Accountants again and believe that it was a relatively small amount of money, well spent to have this financial and tax review.

Maddy R