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What is Key Person Insurance and why is it important?

March 2021

Key person insurance can be valuable to any business, no matter how big or small. It is designed to protect a company when one of their key workers, those essential to the business’s operation, becomes unable to work due to illness or if they pass away. Have you considered how your business would continue to […]

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Seafarers’ Tax Deduction: Specialist Tax Advice

March 2021

Seafarers Tax Deduction: Tax Advice at Aston Shaw

If you’re an employee who works at sea, and you are a UK or EEA tax resident, you may be eligible for Seafarers’ Earnings Deductions. This means you can claim a 100% tax relief on your earnings. Eligibility You may qualify for Seafarer’s Earnings Deduction as a seafarer if: All of your duties are performed […]

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Budget 2021: Key Points

March 2021

Budget Day 2021 summary

As many of us look forward to a potential end to COVID-19 restrictions, today’s 2021 budget announcement has been anxiously awaited by individuals and businesses alike. In this article, we outline the Government’s key tax and spending plans for the year ahead, providing insight (where possible), on how these announcements are likely to affect you. Coronavirus The Furlough Scheme has been extended until the end […]

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Further grants available to Great Yarmouth Businesses in the run-up to Easter

March 2021

Eligible Great Yarmouth Businesses to receive more government grants.

Great Yarmouth Borough Council are issuing further grants during the run-up to Easter as lockdown sets to ease, particularly aiming to support those in the hospitality industry as most businesses in the tourism sector remain shut. Additional grants are being rolled out to eligible Great Yarmouth businesses throughout March. These grants come from further funds […]

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Lockdown Roadmap for Businesses

March 2021

The government's lockdown roadmap includes plans to reopen UK businesses in 2021

Boris Johnson has announced a potential lockdown roadmap for England regarding the easing of lockdown restrictions. We know what this means for us as individuals, but what should you be doing if you are a business owner? The lockdown roadmap will allow a slow and steady easing of restrictions, with the hopes of all UK […]

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Our Guide to the Domestic Reverse Charge

February 2021

Caricatures of Different Construction Workers

The Domestic Reverse Charge (DRC) is a major change to the way in which VAT is collected in the construction industry and will come into effect from 1st March 2021. Why has it been introduced? The Domestic Reverse Charge has been introduced by HMRC to combat fraud, in particular, missing trader fraud which costs the […]

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How Invoice Finance Can Help Your Business (2021)

February 2021

Aston Shaw invoice finance chart

In the current global climate that we find ourselves in, there is no time as relevant as now to consider Invoice Finance. Invoice Finance is a straightforward type of funding that improves cashflow within your business. We work with a range of providers to deliver you funds when your customers do not pay in a […]

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Aston Shaw Partners with Inn Training

February 2021

Employer training Kickstart learner.

Aston Shaw are supporting businesses employing candidates through the government’s Kickstart Scheme. Our professional partnerships with internationally recognised training bodies help ensure that learners are receiving sufficient training in accordance with the government requirements. The Kickstart Scheme’s policy has recently changed, meaning that it is now even simpler for employers of all sizes to benefit […]

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Routes into Work: the Importance of Apprenticeships

February 2021

A handshake at the beginning of an interview.

In hiring young talent, we are helping to shape the professional careers of our apprentices, giving them a valuable opportunity into fantastic careers. It also helps shape the direction of the business through the new routes Aston Shaw is able to develop and offer. With the ever-changing landscape of apprenticeships, there are real opportunities to […]

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Business Interruption Insurance – Supreme Court Ruling in Favour of Businesses

January 2021

Supreme Court Ruling in Favour of Businesses

The Supreme Court’s verdict on the Financial Conduct Authority (FCA)‘s business interruption insurance claims has brought long-awaited clarity for small businesses. The ruling confirms that insurers will pay out on most disputed coronavirus business interruption claims, worth an estimated £1.2bn. During the initial UK lockdown which began in March 2020, many small businesses made claims […]

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