Accessibility links

Job Retention Scheme goes live

On 20 April 2020 the government's Coronavirus Job Retention Scheme went live for applications.

On 20 April 2020 the government's Coronavirus Job Retention Scheme went live for applications.

The scheme allows businesses to furlough their employees, with the government paying 80% of their wages up to a maximum of £2,500.

The Coronavirus Job Retention Scheme is open for four months and was backdated from 1 March 2020 to the end of June. Chancellor Rishi Sunak stated that the scheme would be kept under review and extended if necessary.

There were applications from over 430,000 employers covering over three million employees in the first week of the scheme's operation.

The Chancellor said:

'We've taken unprecedented action to support jobs and businesses through this period of uncertainty, including the UK-wide Job Retention Scheme. With the extension of the coronavirus lockdown measures . . . it is the right decision to extend the furlough scheme for a month to the end of June to provide clarity.

'It is vital for people's livelihoods that the UK economy gets up and running again when it is safe to do so.'

Internet link: GOV.UK publications

Latest News for Business Archive

Relief at HMRC's reversal of helpline closures

HMRC's decision to halt its plans to restrict taxpayer helplines and direct people to online services instead has been met with relief by the Federation of Small Businesses (FSB).

Jeremy Hunt cuts NICs again in the Spring Budget

The Chancellor made further changes to National Insurance contributions (NICs) following the cuts made in the Autumn Statement 2023.

Business groups say challenges remain despite encouraging Budget

The UK's business groups warned that challenges remain despite the Chancellor delivering an encouraging Spring Budget.

Latest News

08 Apr 2024

Relief at HMRC's reversal of helpline closures

HMRC's decision to halt its plans to restrict taxpayer helplines and direct people to online services instead has been met with relief by the Federation of Small Businesses (FSB).

08 Apr 2024

Jeremy Hunt cuts NICs again in the Spring Budget

The Chancellor made further changes to National Insurance contributions (NICs) following the cuts made in the Autumn Statement 2023.

Testimonials

Rajiv is not just an accountant; he's a strategic partner in our business growth. His deep understanding of tax laws and regulations has saved us significant amounts of money over the years. Rajiv is not just about numbers; he's about building lasting relationships and ensuring his clients' success. Highly recommended.

Dr John D.

As a small business owner, finding a trustworthy accountant was paramount. Rajiv came highly recommended, and now I understand why. He's responsive, knowledgeable, and proactive in finding solutions tailored to my business needs. Working with him has been a game-changer for my company's financial health. I love him and would recommend to anyone.

Emily P.

I cannot recommend Rajiv highly enough. His expertise in personal and corporate tax matters has been instrumental in guiding our company through complex financial situations. Rajiv's dedication to his clients is unmatched, and his proactive approach has helped us navigate changes in tax laws with ease. If you're looking for a reliable and knowledgeable tax accountant, look no further than Rajiv.

Clear cut, honest approach. He has cultivated a similar team around him and we are grateful that we now not only have Rajiv but the entire team at Financial Angels who are just as good as him!

Prof Michael T

Financial Angels guidance has been phenomenal for our family office. Rajiv and his team’s comprehensive understanding of financial strategies, coupled with their unwavering support, has transformed our approach to wealth management.

Shout out to Rajiv who isn't just an accountant; he's a trusted advisor and confidant. I wholeheartedly endorse Rajiv to anyone seeking financial expertise and peace of mind.

Samantha H., CEO - Family Office

Rajiv takes the worry out of your tax returns, warns you when and how much to pay in time, and is very efficient.

Fred van der Ploeg

Your expertise and our confidence in your judgement are the reasons we have remained clients since start up. As we have grown our needs have changed and your advice and support is always accurate and helpful, from answering the simplest to the most complex of queries, you remain courteous, efficient and totally professional, it is always a pleasure to deal with you and all the members of the firm.

CEO of multinational.

The Financial Angels team have taken away the stress and bother of us having an accounting function, allowing us to focus on what’s important, our business and growth. With “on demand” expertise, delivered in a highly responsive format, the Financial Angels are an extension of our core team supporting us in delivering world class services.

My accountant, My Angel.

S.S - London

At Financial Angels the staff are a pleasure to work with - we have been really pleased with their personalised, friendly service and professional approach. I only have a small business and they have given me a second to none experience so far and have been very helpful with everything I have needed them for. I highly recommend them. Well done and thanks to Rajiv and team, amazing work.

The London Foot Clinic.

Very professional, quick and efficient service and very friendly. Great to work with, Great attention to detail. They follow up on things periodically and provide quality services at competitive price. I highly recommend them.

K Patel

Knowledgeable, honest and competent practice in Maida Vale.

Mr D Bhojwani

I have been a client of Rajiv at Financial Angels for many years, he is very professional and very knowledgeable. His advice is always excellent and perfect for our business. I'm very happy with the exceptional service we receive from Financial Angels and recommend them to all our clients.

Mr D H – property procurement specialists

Rajiv is an outstanding professional who works very hard paying close attention to detail as well as being very knowledgeable in his field. He is a trustworthy person who you can rely on at all times.

J Gulliani Fixed Income Portfolio Manager at Citigroup

Financial Angels is my one stop shop! They provide excellent bookkeeping and management consultancy and also have a robust network who have assisted me with my financing and banking needs.

P D - Managing Director – Real Estate

From providing family office services to just being there as a sounding board, Rajiv has been my Angel! I value his input tremendously and do not take any decisions without his advice. I have recommended Rajiv to so many of my clients and friends and they have appointed Financial Angels to look after their affairs.

CEO of UK Import / Export company of women clothing

Rajiv is very commercially astute and his strong technical expertise coupled with his values of integrity, perfection and care make him an indispensable part of our team. Without Rajiv’s attention to detail and strong analytical skills we would not have survived the economic disruption caused by Brexit. We are only around today because of Financial Angels.

CEO of Large retail outlet in Europe

I was referred to Financial Angels by my accountants as I was the subject of a tax investigation! I was so scared of the whole process and given my ignorance faced huge sums of tax and penalties. From the moment I entered Financial Angels, it was as if a wave of calmness washed over me. They calmly put together a plan of action and we were able to achieve full closure with no penalties! It was not short of a miracle! Thank you Financial Angels and specifically to Rajiv for your guidance & support!

Obstetrician - NHS London

I run a very small business and only need simple bookkeeping, the staff at Financial Angels treat me like I’m their most important client ! I am grateful that all my accountancy needs are looked after by financial Angels – I recommend them strongly!

P Cox - Natural Landscaping

Your expertise and our confidence in your judgment are the reasons we have remained clients since start up. As we have grown our needs have changed and your advice and support is always accurate and helpful, from answering the simplest to the most complex of queries, you remain courteous, efficient and totally professional, it is always a pleasure to deal with you and all the members of the firm.

Limited company in Dorset

If you want a commercially minded tax accountant, go to Rajiv. His tax knowledge is unparalleled, and he goes the extra mile to ensure that you are comfortable with any strategy. I highly recommend him and have sent several clients to him.

S Patel

Outstanding service. They have a very personal touch and seem to have their clients best interest in mind.

Veena S-3