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Accountancy firm reports surge in inquiries as Highland businesses fight hard to keep afloat amid coronavirus crisis


By Staff Reporter

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Gary Addison, managing director of Goldwells Accountancy.
Gary Addison, managing director of Goldwells Accountancy.

An accountancy firm says it has been working around the clock to help Highland firms put continuity plans in place using government coronavirus aid schemes.

Goldwells, which has seven offices across north Scotland including Grantown and Kingussie, says it has seen a huge increase in calls in the last two weeks as it helps businesses and the self-employed navigate through the various initiatives rolled out by the UK government.

A large proportion of the inquiries made to its team members, who are mostly working from home, concern the coronavirus job retention scheme which promises to cover 80 per cent of wages for employees placed on furlough.

The firm – which also has offices in Inverness, Buckie and Peterhead – has also seen an increase in inquiries about taxation, the extension of the IR35 off payroll tax reforms until a later date and the shelving of the second self-assessment payment on account.

Managing director Gary Addison said business owners were working hard to keep the local economy going.

“It is inspiring the way so many north businesses are working hard to do their best for their employees – not just during the lockdown but to make sure there is good employment in the area when the restrictions are lifted," he said.

"From Inverness to Peterhead, our team has been working hard helping small and medium businesses find the best way to shore up the finances of their businesses.

“Business continuity plans are being worked on up and down the country and the experts at Goldwells have been able to advise which grants to apply for and how to manage payroll during the lockdown.

“As a local firm, we are in a good position to help businesses, whatever the industry. As well as oil and gas workers, we have seafarers and tourism firms as clients, alongside manufacturing and retail businesses.

"North Scotland has a rich heritage of enterprise and we have some fantastic new companies as well as businesses which have been established in the area for generations.

"When it comes to business continuity, every organisation is different, with many people working on short term and zero-hour contracts.

“The recent changes made by the government to protect businesses and those self-employed during the pandemic are welcome, but it is not always obvious to business owners what to do to access the right support.”

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