Keep up to date with the latest news from Knill James from dedicated articles on our specialist services and sectors to updates about the firm, our people and their achievements.
At Knill James we strongly support our local community and are involved with many sport clubs and charities within the South East area. In this section we’ll update you on the work we do within the community and show how we support various groups, charities and societies. As a training practice we’re also proud to share and celebrate exam success within our teams; as we train and develop our trainees to achieve their qualifications.
VAT saving for the hospitality sector
The Chancellor Rishi Sunak has announced a cut in the VAT rate from 20% to 5% for supplies by the hospitality sector (excluding alcohol sales), effective from 15 July 2020. This is relevant to most tourism and hospitality-related activities, and the Chancellor specifically mentioned food (eat in and take away), accommodation (hotels, B&B’s and campsites) and attractions (zoos and theme parks).
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A recent poll undertaken by Knill James shows that 86% of SMEs feel their business will survive the current crisis
According to the latest poll of SMEs conducted by Knill James in conjunction with the UK200Group, 13% of SMEs are concerned they cannot survive the current crisis but 48% believe they will, although they have ‘written off’ this year.
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Businesses need Longer-term Support to Survive Release of Lockdown
David Martin of Knill James based in Lewes is calling on the Chancellor to consider a further overhaul of the CBILS scheme, or to supplement this with other grants to support the working capital needs of the country’s SMEs as he announces that the furlough scheme is to be gradually withdrawn.
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As the Government starts to plan their exit strategy to gradually lift the lockdown, how can you prepare your business?
We know that recovery will be gradual and social distancing measures are likely to remain in place for some time yet. At Knill James our Business Advisory team have produced a business owner road-map checklist to help you prepare your business for the ‘post lockdown’ era.
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Further support needed urgently to prevent an additional 830,000 unemployed in the South East
New research that we have conducted during April shows that 830,000 people in the South East are at risk of unemployment. This is a stark and worrying number, but this is the reality of what the UK may be facing.
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Stable businesses must be incentivised to pick up failing competitors, says local expert
Tens of thousands of more secure businesses must be encouraged to buy distressed enterprises to give the economy a boost as it faces the economic fallout from the pandemic, according to Kirsty Wilson, Corporate Finance Director of Knill James, based in Lewes, East Sussex.
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COVID-19 Statement
In light of the government’s recent announcements, we at Knill James are taking every precaution to protect our team, our clients and visitors.
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Welcome to the team, Ben!
We’re delighted to welcome Ben Edemenson to the firm.
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Knill James converts to LLP and creates new Business Hub
We are pleased to announce that the firm has converted to limited liability partnership status and on 1 March 2020 became Knill James LLP.
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Congratulations to our Corporate Finance team, finalists at the 2020 Dealmakers awards
Our Corporate Finance team were delighted to be finalists at the recent South East Business Insider Dealmakers Awards.
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