The Furlough Scheme Extension

As of the 5th November 2020, the UK Governments Furlough Scheme has been extended further by 5 months. Therefore, the new projected end date for the scheme is the 31st March 2021. And not to worry if you have not applied for this scheme previously, it is now available for new applicants. There is now…Read More

Directors Homeworking Allowance

Should I claim homeworking allowance as a director, or should my limited company rent from myself as an individual? HOMEWORKING ALLOWANCE. Homeworking allowance is when you claim back certain expenses to cover the costs incurred when working from your home. Your employer can pay this allowance, and this will reduce company profits and so reduce…Read More

The firm of the Future: The modern-day accountants

Coming into PJCO I had very little knowledge on what an accountancy firm looked like and ran however from being here for only a few days I have already been shown just how different my expectations were. Before coming to PJCO I believed that accountancy was just for processing all the numbers on an outdated…Read More

Work Experience with PJCO

I’ve had the honour to spend the last few days taking part in work experience at PJCO and have learnt so much from so many amazing characters in such a short time. Before arriving, I had very little idea what an accountant did or how an accountancy firm would operate. I’ve gained so much knowledge on finance, tax, national insurance, marketing and advertisement, software, and…Read More

The Coronavirus Job Retention Scheme – The Important Facts

The HMRC Job Retention Scheme Portal has been live for nearly two weeks now and the first applicants have started receiving payments. But with furloughing being such a new concept and the many updates to the guidance from the government, it can be difficult to understand. Here we look at the most important points. What…Read More

‘Tis the season to book your Office Party!

As we approach the Christmas period, there are many things to do and buy, and our wallets can get quite sore. However, there are ways for these expenses to be tax efficient! Whether you are an owner-managed business, with only yourself as an ‘employee,’ or have a bunch of employees to take out for the…Read More

Finding the light at the end of the ‘post-graduation tunnel’

Graduating is no easy thing. You think you’ve done the hard work already, studying for the exams, writing the dissertation, cooking for yourself for three years with no parent around to help… the majority of students think that actually graduating is the easy bit. You put on the cap and gown and celebrate your success,…Read More

George W. Bush

In the corporate world, sometimes things aren’t exactly black and white when it comes to accounting procedures.

George W. Bush