Businesses could face significant penalties for COVID-19 support errors, warns Rotherham Taylor Limited

12 Jun 2020

Preston accountants, Rotherham Taylor Limited, is warning business to take extra care over the claims they make for COVID-19 financial support, such as the Coronavirus Job Retention Scheme, as HM Revenue & Customs (HMRC) is proposing new power to tackle abuse and errors. New draft legislation has been published by the tax authority which reveals […]

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Preston accountants say businesses should look again at Government loan scheme following reforms

07 Apr 2020

Preston-based Rotherham Taylor Limited has said that businesses should look again at the Coronavirus Business Interruption Loans Scheme (CBILS) following changes to the scheme. The CBILS scheme is designed to give SME businesses with turnovers of up to £45 million access to loans of between £1,000 and £5 million, backed by an 80 per cent […]

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Thousands of employees still face being laid off despite Government measures due to loophole, warns Rotherham Taylor Limited

02 Apr 2020

Accountancy firm Rotherham Taylor Limited is warning that hundreds of local businesses may still have to lay off or sack staff due to a loophole in the Governments Coronavirus Job Retention Scheme (CJRS). The Preston-based firm has said that the CJRS will allow most staff to be furloughed, but warned that a small percentage of […]

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Self-employed offered generous income support by Chancellor, but Rotherham Taylor Limited warns it may mean loss of tax advantage in future

30 Mar 2020

Preston accountancy firm Rotherham Taylor Limited has welcomed the Government’s new Self-Employed Income Support Scheme (SEISS), but fears that the Chancellor may seek redress through the tax system in future. In his latest response to the Coronavirus pandemic, the Chancellor Rishi Sunak has announced that the SEISS will pay self-employed individuals an amount equivalent to up to 80 […]

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Businesses must take urgent action and make use of Government support during these difficult times, warns Rotherham Taylor Limited

19 Mar 2020

Preston-based accountants Rotherham Taylor Limited has welcomed the Government’s latest raft of measures but said it is time that businesses seek help to ensure security for the future in these uncertain times. In the last week, the Government has announced a raft of changes and billions of pounds worth of funding to help shore up the UK’s […]

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Rotherham Taylor – Coronavirus Precautions

16 Mar 2020

We are committed to containing and delaying the spread of Coronavirus in the UK and so are considering steps to take in the future should this virus become more widespread. At the moment the number of cases in the UK is still relatively low, but we are aware that this number is rising. The UK […]

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