The UK Spring Budget 2023 is here. Chancellor Jeremy Hunt delivered a ‘Budget for Growth’ focused on driving business investment and removing barriers to work. What does this mean for you and your business?
The Metaverse is an ever-growing space for businesses to build opportunities. From real estate, music venues, fashion shows, virtual reality, clothing stores, and so much more! Traditional opportunities are changing, business models are changing, networking is changing, and Prager Metis is at the forefront of it all.
If you deferred VAT payments due between 20 March and 30 June 2020 and still have payments to make and cannot afford to pay by 31 March 2021 you can now join the online VAT Deferral New Payment Scheme to spread the payment.
The Government has announced the launch on 6 April 2021 of a new support scheme called the Recovery Loan Scheme. Details of how the Scheme is to operate are still to be released, however, we understand that the aim of the Scheme
The Government has announced that the Self-Employment Income Support Scheme (SEISS) will continue until September with a fourth and fifth grant.
The fourth and fifth grants will take into account submitted 2019-20 tax returns.
Join Arvinder Matharu, Tax Director of Prager Metis, and Loknath Mishra, Managing Director/CEO of ICICI Bank, as they discuss the UK Budget for 2021, what it means for companies in the UK and for foreign investors, and the direction
The ability to travel and work freely and easily in the EU is of paramount importance to our members. That's why we campaigned to stay in the EU, and why we do not support the Withdrawal Bill that has passed through parliament.
As part of the Government Support Package to deal with the COVID-19 pandemic, HMRC have announced earlier this year that:
The July 2020 Payment on Account may be deferred until 31 January 2021.
This in an automatic offer with no
On 20 March the Government announced that VAT payments would be deferred for a period of three months. The deferral: Was available to all UK VAT registered businesses (including non-established taxable persons); Applied to payments due bet
Following the lockdown measures announced by the Government on 31 October 2020 that are due to take effect on 5 November, the Government has announced that it will provide financial support via grants for those businesses that are required
What We Know Following the lockdown measures announced by the Government on 31 October 2020 that are due to take eff ect on 5 November, the Coronavirus Job Retention Scheme (“CJRS”) which was due to end on 31 October 2020, will be extended until December. The Job Support Scheme which was due to take effect from 1 November has now been postponed.
The Chancellor recognises the continued impact that COVID-19 has had on the self-employed and has taken action to provide support. The SEISS Grant Extension provides critical support to the self-employed.
The Coronavirus Job Retention scheme (CJRS) is ending on 31 October 2020. For the final month of CJRS, the government will pay 60% of wages up to a cap of £1,875 for the hours the employee is on furlough.
Urgent Action now required to apply for Grants and other funding administered by The Arts Council England, The British Film Institute, National Lottery Heritage Fund and Historic England (Last updated 30 July 2020)
On 5 July 2020,
Rishi Sunak, the Chancellor of the Exchequer, has today announced a reduction in SDLT (tax that is due on the buyer of property) on all residential property purchases with a value of no more than £500,000. The change is effect
• CJRS closes to new entrants on 30 June. • Given the minimum furlough period, if Employers are yet to make a claim under CJRS and they wish to do so going forward under the new scheme “CJRS2” then they have until 10 June to notify staff so that their period of furlough can commence in time. • For Employers who have previously made a claim under CJRS, they too have until 10 June to notify any employee not previously furloughed, if they wish for that employee to be eligible under CJRS2.
The Coronavirus Bounce Back Loan has been designed for small and medium-sized businesses enabling them to borrow between £2,000 and £50,000 (capped at 25% of turnover) with the Government taking on 100% of the risk.
Finding Financial Support The Government has launched an on-line tool to help both Companies and the self-employed find details of the loans, tax relief and grants they may be eligible for. The business Support Finder can be found at the following web page Click Here.
In response to Covid-19 the Government announced there would be support made available for small businesses, and businesses in the retail, hospitality and leisure sectors. This support will take the form of two grant funding schemes, the Small Business Grant Fund (SBGF) and the Retail, Hospitality and Leisure Grant Fund (RHLG). Small Business Grant Fund
If your accounts will be late because your company is affected by COVID-19, and your filing deadline has not yet passed, you can apply for an automatic and immediate 3 month extension to file your accounts.
A collaboration between Help Musicians, the Incorporated Society of Musicians, The Ivors Academy, the Music Managers Forum, the Music Producers Guild, the Musicians' Union, and UK Music, who are grateful for the support of many others in the music industry.
9 December 2019 – London, UK — Prager Metis, a leading accounting and advisory firm with offices in Europe, North America, and Asia, announces the promotion of Mark Carter to Principal in the Business Management Deparment of Prager Metis.
Are you heading to The Great Escape? Prager Metis, The Music Publishers Association and Music Insurance Brokers are delighted to invite you our annual drinks social in Brighton at this year’s Great Escape festival! Join on us from 1pm to 5pm at The Coach House, on Friday, 10 May for an enjoyable afternoon of drinks, catching up with old friends and making new ones.
Prager Metis is a Top 100 US accounting firm, with over 55 partners and principals, more than 350 team members, and eleven offices worldwide including New York, New Jersey, Connecticut, Los Angeles, London, and Miami. An affiliate of Prager Metis International
1 January, 2018 – London, UK— Prager Metis, a leading accounting and advisory firm with offices in Europe, North America and Asia, announces their merger with Smallfield Cody, a specialist firm based in London, which focuses on providing services to UK media and entertainment clients. The merger officially took place on 19 December, 2017. Merging into Prager Metis will be Smallfield Cody’s Margaret Cody and Michael Kennedy. “We are very excited about the addition of Margaret and Michael,” says Austin Jacobs, Partner of the Prager Metis London office. “We wanted to expand by strengthening our entertainment practice in London.
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