Author Archives: Michelle Thirsk

Back in July 1991 Chelle joined CGA and, today, as owner and Director, Chelle has helped shape CGA into a dynamic, paperless accountancy service that focuses on offering more: more ideas, more good advice, more care and attention. Responsible for the direction of CGA, Chelle brings an extra layer of consulting expertise across the challenges of running your own business and getting the balance and numbers right. Unofficially known as the ‘Head of Non-compliance’, Chelle can add pounds to your bottom line, over and above the more usual tax and accounting compliancy that comes as standard. Passionate about horse racing and Rugby Union, Chelle inhabits the Knavesmire and Twickenham, enjoys a good Zumba party and Fight Fit, as well as regular eye watering challenges ticked off her bucket list, including jumping out of planes, zorbing and aerial assault courses. If Chelle has to relax it’s with a good bottle of wine and and a thriller.

March 2023 Budget

Although the tone of the Chancellor was very upbeat, the reality of the budget was clearly “steady as we go” against the backdrop of financial market jitters, the continuing conflict in Ukraine and a looming election.  Critic or supporter – perhaps that very much depends on the extent to which the (lengthy) budget represents a […]

National minimum wage rates change April 2023

From 1 April 2023, the following increases to NMW/NLW will come into force: National living wage Rate from April 2023 Rate from April 2022 Increase % 23 years old plus £10.42 £9.50 9.7 21-22 year old rate £10.18 £9.18 10.9 18-20 year old rate £7.49 £6.83 9.7 16-17 year old rate £5.28 £4.81 9.7 Apprentice […]

The Import One Stop Shop (IOSS)

As of 1 July 2021, there are changes to the way VAT is handled for online sales from businesses worldwide to consumers (that is, B2C) in the European Union (EU). The goal is to make life much easier for those eCommerce businesses selling to consumers across the EU’s national borders, and thereby facilitating trade. The changes can be utilised by […]

Government launches consultation on exit payments to farmers

The Government has (19 May) published a consultation on changes to the Basic Payment Scheme (BPS) to support farmers through the agricultural transition period from now until 2027 which will deliver a better, fairer farming system in England. The consultation will be open for 12 weeks and focuses on two key areas: Lump sum exit scheme – […]

The New Mortgage Guarantee Scheme

The mortgage guarantee scheme that was announced March 2021 is intended as a temporary measure. It is open for new mortgage applications from April 2021 to December 2022, in line with the government’s view that the current scarcity of high loan-to-value lending is primarily a response to the pandemic rather than a symptom of a […]

Recovery Loan Scheme – Launches 6th April 2021

6 April saw the launch of the Recovery Loan Scheme (RLS). Available until 31 December, subject to review, RLS provides a guarantee to lenders and covers a variety of products including term loans, overdrafts, asset finance and invoice finance, which companies of all sizes can access, regardless of their turnover.  What’s more, businesses that have […]

COVID19: Coronavirus Business Loan Schemes Extended – January and March 2021 Update

March 2021 Update: Businesses that took out government-backed Bounce Back Loans will now have greater flexibility to repay their loans with the option to delay repayments by six months or to extend the length of the loan using Pay as You Grow repayment flexible options. Coronavirus Business Interruption Loan Scheme The scheme helps small and […]

Vat Domestic Reverse Charge

See the bottom of this article for details of a free Webinar hosted by Xero (you don’t need to use Xero to access this webinar) What is the VAT reverse charge? The government is changing the way that HMRC collects VAT payments.Until now, businesses in the construction industry would usually charge VAT when selling their […]