Prager Metis is thrilled to be a part of the Bankside Futures programme, an initiative designed to prepare young individuals aged 16-18 for professional careers.
Our esteemed team members, including Abi Badmus, Ben Malitskie, Maria Christou, Pritpal Chaggar, Georgia Richfield, Pooja Pooranik, and Cameron Higgs, will be sharing valuable insights int
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.
The UK is leaving the EU Single Market and Customs Union and the end of the transition period on 31 December 2020 will affect Individuals, businesses as well as travel to and from the EU.
What We Know
The Government announced on 2 November 2020 that it will double the level of financial support for self-employed workers in November during the second coronavirus lockdown in England.
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 Job Support Scheme is designed to protect viable jobs in businesses who are facing lower demand over the winter months due to Covid-19, to help keep their employees attached to the workforce.
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 Kickstart Scheme provides funding to employers who create new 6-month job placements for young people who are currently on Universal Credit and at risk of long-term unemployment.
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.
• 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
The aim of the scheme is to help employers who have taken a financial hit to their business as a result of Covid-19 and cannot afford to pay employee salaries.
This new scheme has been set up by the government to provide support for those who are self-employed, either as a sole trader or a partner in a partnership.
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.
On 23 March we circulated fact sheets on the various Schemes that the Government had set up to support Businesses. Set out in the following sections is a summary of further information
The Government has heeded to concerns that there was not sufficient help for self-employed persons to include individuals in partnership. The Chancellor of the Exchequer
In order to help small and medium sized businesses with Statutory Sick Pay (SSP) extra costs arising as a result of COVID-19, the Government will refund to an employer eligible SSP costs.
The Government will set up a scheme so that all UK employers, regardless of size, will be eligible for assistance where an employee has been designated as a “furloughed worker.”
The Coronavirus Business Interruption Loan Scheme (CBILS) is a loan guarantee scheme whereby the bank lends the business money with the Government providing the bank with an 80% guarantee.
In response to the coronavirus (COVID-19) the Government announced additional measures to help smaller businesses and the self-employed individuals. This includes business rates holiday and cash grants for retail, hospitality...
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!
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.
Congratulations to our Prager Metis London Team for being shortlisted for the 2019 Music Week Award in the first-ever accountancy category: Accountancy Firm of the Year. The Music Week Awards recognizes excellence within the music industry. Music Week has been the leading trade media brand for the UK music industry for over 50 years, and is essential reading for anyone who needs to understand the business of music, from vinyl to streaming, from the Dublin Castle all the way to Wembley Stadium.
Congratulations to Partner Simon Winters on being named to Music Business UK’s “The Legal & Accountancy 50” Almanac! We are proud and honored that you are part of the Prager Metis family! The inaugural almanac from Music Business UK and Centtrip was voted on by music industry insiders.
Requirements: Trainee Accountant Our organisation is a rapidly expanding practice that specialises in providing accounting, taxation and advisory services to a client base consisting of individuals and businesses, primarily within the music, entertainment and sport industries, as well as High Net Worth Individuals. The company is looking for a dynamic, top performing part qualified accountant to deliver exceptional quality of service to a varied portfolio of clients in our Accounts and Business Management department.
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
Prager Metis, a leading accounting and advisory firm with offices in the U. S. and London, announces their merger with Peter Bryan & Co. a specialist accounting and tax consulting firm based in London, UK, which focuses on providing services to both UK and international high-net-worth individuals. The merger officially took place on August 4, 2015.
Prager and Fenton LLP, a leading accounting and advisory firm based in London, which has represented clients in the media and entertainment industries for nearly 50 years, announced that the firm will operate under the Prager Metis name. Previously the London office practised as part of Prager and Fenton; however, in 2013, the US practise merged and rebranded as Prager Metis. The London office continued as part of the Prager Metis International structure and has now changed its name to underline its role in and commitment to Prager Metis as a recognised international practise.
Prager Metis partner Austin Jacobs, co-wrote an article for Music Week entitled "Catalogue Set to Explode: As the Number of Breakthrough Acts Wanes, Here's a Quick Guide to Snapping up Established Works". Please click here to read the full article.
Prager Metis will co-host an impromptu legal and accounting clinic at the 2014 SXSW on Friday, March 14. In association with the London law firm Trainer Shepherd Phillips Melin, Prager Metis Partners Simon Winters, and Chris Hull will be holding an impromptu legal and accounting clinic at sxsw on Friday, March 14 at latitude 30, 512 San Jacinto in Austin, TX.
SXSW Legal and Accounting Clinic Mar 14Kevin2019-01-11T12:57:40-05:00
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Prager Metis Empowers Youth through Bankside Futures Career Spotlight Guidance Programme