Latest News

Coronavirus – How to Claim the Job Retention Bonus

Coronavirus – How to Claim the Job Retention Bonus

Last month the Chancellor announced the introduction of the Coronavirus Job Retention Bonus in an effort to reduce the number of people being made redundant as the furlough scheme unwinds. The bonus rewards employers who successfully bring back employees after being...

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Get Your Office Working Again

Get Your Office Working Again

Flexible working hours and working from home is nothing new - in fact - approximately 1.7 million people in the UK reported that they worked mainly from home in 2019, compared to 884,000 working from home in 2008. However, since COVID-19 sent us all into lockdown,...

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Changes to the Coronavirus Job Retention Scheme

Changes to the Coronavirus Job Retention Scheme

On Friday evening the Chancellor, Rishi Sunak, announced further details on the extension of the Coronavirus Job Retention Scheme (CJRS) which we’ve outlined below. As of midnight on 24 May 2020, the scheme had been used by 1 million employers, to protect around 8.4...

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Job Opportunity – Senior Associate – Compliance

Job Opportunity – Senior Associate – Compliance

About The Role Located at our Manchester City Centre offices. The Senior Associate will work as an integral member of the compliance team. The individual will take responsibility for a client portfolio, covering corporates and individuals. In addition they will assist...

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Quantifying A Loss When Making A Claim

Quantifying A Loss When Making A Claim

Case Study Importance of quantifying the loss when making a claim in a commercial/contractual dispute   When things go wrong in business and a commercial or contractual dispute arises, then you make a claim for losses against the other party. Often these claims...

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Case Study: Non-Statutory Audit

Case Study: Non-Statutory Audit

Case Study Whilst there is a statutory requirement for companies which do not qualify as small companies or those which are members of a non-small group to have an audit in the UK, there is no such legal requirement for small companies or groups. The thresholds for a...

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Year-End Tax Planning

Year-End Tax Planning

As you may be aware the tax year-end is fast approaching and we want to ensure that you don’t miss out on any possible reliefs that could reduce your tax liability. In order to maximise any benefit, it is important to plan ahead to ensure that available reliefs and...

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Coronavirus Bounce Back Loan Announced

Coronavirus Bounce Back Loan Announced

On Monday, Rishi Sunak, the Chancellor of the Exchequer announced a new business loan scheme aimed at helping small businesses during the Coronavirus pandemic. The ‘Bounce-Back Loan’ scheme will be launched on 4th May and will run alongside the existing Coronavirus...

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Williamson & Croft Appoint New Audit Partner

Williamson & Croft Appoint New Audit Partner

Manchester-based Williamson & Croft are delighted to announce that Tor Stringfellow has joined the business as our Audit and Assurance Partner. Tor will head up the audit side of our business providing audit and assurance services to businesses throughout the...

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News

Chancellor announces windfall tax on energy firms

Chancellor Rishi Sunak will impose a windfall tax on energy firms alongside a package to help households with the cost-of-living crisis. Mr Sunak said a ‘temporary, timely, and targeted’ 25% Energy Profits Levy would be introduced for oil and gas companies, reflecting...

New capital allowance measures on plant and machinery

For expenditure incurred from 1st April 2021 until the end of March 2023, companies can claim 130% capital allowances on qualifying plant and machinery investments. Plant and machinery is generally defined as the following: Solar panels Computer equipment and servers...

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