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Showing posts from September, 2020

Chancellor unveils business support measures

  Chancellor unveils business support measures Rishi Sunak this afternoon announced new measures to support businesses in his “winter economy plan” including an extended jobs support scheme. The main points in the Chancellor’s House of Commons statement were: Job Support Scheme Six-month scheme starting 1 November. To be eligible, employees work a minimum of 33 per cent of their hours. For the remaining hours not worked, the Government and employer pay a third of their wages each. So employees working 33 per cent of their hours will receive at least 77 per cent of their pay. All SMEs eligible, larger only where turnover fallen through crisis. Open to employers even if they haven’t used furlough scheme. Employers can claim support scheme and CJRS bonus. VAT Deferral Businesses who deferred their VAT will no longer have to pay a lump sum at the end of March next year. They will have the option of splitting it into smaller, interest free payments over the course of 11 months - benefitting

Sutton accountant scoops Future Faces award

Sutton accountant scoops Future Faces award A chartered accountant from Sutton Coldfield firm Grant McKnight has been crowned the Future Face of Finance at the Future Faces Awards. Jo Drinkwater (pictured) claimed the award at last Friday’s online ceremony, which was beamed from Chamber House in Edgbaston. It was one of 10 sector awards to be announced on the night, while disability rights activist Shani Dhanda was crowned the overall Future Face of Greater Birmingham. Jo was also this week appointed to the Sutton Coldfield Chamber's executive committee. Chris Brewerton, head of the Sutton Coldfield Chamber of Commerce, said: “The Sutton business community is delighted for Joanna on her win at the Future Faces Awards. “Professional services form an important part of the local economy, especially the finance sector, and it’s great that Jo is leading the way, not only in Sutton but across Greater Birmingham. “It’s been an exciting journey for her since starting at Grant McKnight and

Royal Town's Chamber elects new president

  Royal Town's Chamber elects new president 02 September 2020 Phil Arkinstall will today become the third president of the Sutton Coldfield Chamber of Commerce. The managing director of video production firm Ark Media is to be confirmed as successor to Katie Hale at the Chamber’s annual general meeting. Katie, who has served as president for the past two years, during which time she launched her EcoPledge sustainability initiative, will become the Chamber’s honorary chair. Phil, who was born and raised in the Royal Town, said: “I am delighted to have been elected as the president of the Sutton Coldfield Chamber of Commerce and I am looking forward to getting started in the role and work with the fabulous business community we have here in Royal Sutton Coldfield.  “I would like to pay tribute to our previous president Katie Hale for doing a fantastic job over the last two years, particularly her work in setting up the successful EcoPledge which has been adopted by a number of our me