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.

VAT – a few updates – Even if your business is not VAT Registered

Making Tax Digital deadlines, VAT payments deferral scheme and digital links Making Tax digital will be: Extended to vat registered businesses with turnover below the £85,000 Vat threshold from April 2022. Introduced for Income Tax Self-assessment for businesses and landlords with income over £10,000 from April 2023 Covid-19 VAT payments Deferral Scheme As part of […]

Multi-purpose vehicles with crew cabs are cars – What does this means for employers and employees

The Court of Appeal has ruled that three types of modified crew-cab vehicles are cars rather than vans for tax benefit purposes –  with potentially thousands of these multi-purpose vehicles used by employees in the UK, the case has potentially significant – and expensive – consequences for employers and employees alike. Coca-Cola provided employees with […]

Planning for the new normal

This has and will continue to be one of the most extraordinary events to impact on our business and personal lives, things will never be the same again. So much focus has been on handling the situation day by day that it seems as if the days and weeks have run into one – before we […]

COVID-19: Top-up to local business grant funds scheme

A discretionary fund has been set up to accommodate certain small businesses previously outside the scope of the business grant funds scheme.  (Published 02/05/2020) The statement from Gov.uk says: This additional fund is aimed at small businesses with ongoing fixed property-related costs. We are asking local authorities to prioritise businesses in shared spaces, regular market […]

COVID-19: Coronavirus Bounce Back Loan

Five weeks after lockdown, the UK government has announced yet more financial support for small and medium-sized enterprises (SMEs) – this time in the form of emergency “Bounce Back” loans. The Government has said that they will provide full details of the scheme on Monday 4 May. Under the Bounce Back loan scheme, the Government […]

[DOWNLOAD] COVID-19: Coronavirus Job Retention Scheme and Furlough Letter Template

HMRC Guidance can be found here. The guidance was updated on the 15th April with new eligibility dates, bringing in some previously excluded employees that began work prior to the 19th March. While the claim includes employer pensions and employers national insurance, don’t forget that the new Employment Allowance kicks in and is likely to cover Employers […]

COVID-19: Tax Reliefs to Support Homeworking

Homeworking allowance The homeworking allowance was increased at the Spring Budget from £4 to £6 a week (or £26 a month) with effect from 6 April 2020. An employer can pay this fixed sum, tax-free and NIC-free, to meet the additional costs an employee incurs working at home under homeworking arrangements. Homeworking arrangements mean an agreement […]