Chris Bailey is a Chartered Accountant and experienced business owner who has been involved in the property industry for almost 30 years. He runs many successful accountancy practices, a tax advisory company and a property Capital Allowance business.
Co-Founder and Group Director of Less Tax 4 Landlords, Chris also has over ten years experience of Capital Allowance claims and extensive knowledge of the complexities and challenges of property tax law.
On March 27th, 2020 Chris filmed the first of a series of COVID-19 question and answer sessions. With his straight-talking and uncomplicated approach, Chris talked through all of the Government Business support schemes, giving practical advice and alleviating concerns that his customers had.
COVID-19 Q&A Episodes 1-11 (27th March – 2nd June)
In this episode, Chris reminds us that the closing date for new staff to be furloughed is the 10th of June, 2020. The scheme will close on 30th June for new entrants. Also a step by step explanation of the new changes to the furlough scheme and a re-cap of the change in the new self employed scheme, with profits going from 80% to 70%, which is capped at £6,570.
Episode 9 of Chris Bailey’s COVID 19 update with some hints and tips on all government help schemes, including the bounce back loan.
In this COVID-19 Q&A session, Chris covers details on the self employed income support scheme, furlough and the bounce back loan.
If you’re particularly interested in the Bounce Back Loan, skip straight to 7 minutes.
Watch Chris Bailey deliver another week of Coronavirus Questions & Answers in episode 7. He covers more questions on being self-employed, furloughing and the bounce back loan scheme.
This week Chris talks about furloughing, self-employed grants and touches on the new bounce bank loan.
Week 5 Q&A talking about Furlough, with some very interesting questions about holiday pay and forcing those on furlough to take annual leave.
Chris Bailey, group director of LT4L and CEO of the Bailey Group Chartered Accountants answers some of your most asked questions from this week, with a focus on the furloughing of employees and self-employment grants.
In this episode, Chris gives his ‘tax tips’ for businesses struggling during the Coronavirus and answers questions about making tax digital and furloughing.
Chris looks at the different types of help the government are giving employers, employees, the self-employed and landlords.
LT4L Group Director and Chartered Accountant Chris Bailey took part in a Q&A session to answer some of your most asked Covid-19 questions from last week.
If you’d like to see a summary of Government help available to Businesses during COVID-19 then please visit our blog page here.
If you’re a landlord who has been impacted by Section 24 and you are considering taking advantage of the Governments help which allows all landlords who made a tax Payment on Account in January 2020 to kick the can down the road opting for an interest-free deferral of your second 19/20 tax year payment, we recommend reading our blog ‘The Impact of the Covid-19 Crisis on Landlords Tax Bills‘ which explains why you may need to plan further into the future than you might normally do.