HMRC updates tax guidance for waiving income and bonuses and charitable giving
02 Jun 2020
HM Revenue & Customs (HMRC) has updated its guidance for people choosing to waive their income to support their business or a charity during the COVID-19 pandemic.
Read Full StoryChancellor unveils changes to furlough scheme
01 Jun 2020
The Chancellor, Rishi Sunak, has announced a series of changes to the Coronavirus Job Retention Scheme (CJRS) from July that will see furloughed employees able to return to work part-time, but with the value of Government support reducing gradually from August. Meanwhile, the scheme will, in effect, close to employees who have not previously been […]
Read Full StorySelf-Employment Income Support Scheme (SEISS) extended
01 Jun 2020
The Chancellor has confirmed the extension of the Self-Employment Income Support Scheme (SEISS), with the announcement of a second and final grant to support the income of self-employed individuals during the Coronavirus outbreak. The first and current round of grants under the scheme allows self-employed individuals to claim a taxable grant worth 80 per cent […]
Read Full StoryOne in 10 firms unable to reopen safely under current guidance, study reveals
29 May 2020
One in 10 firms are unable to open safely under the Government’s current health and safety guidance, a major study has revealed.
Read Full StoryWhat happens if my employees have to self-isolate following contact tracing?
28 May 2020
Following the launch of the Government’s contact tracing system, employers should be prepared for the possibility of multiple employees being required to self-isolate if one employee from the workplace tests positive for Coronavirus. This means it is vital that employers are aware of the arrangements concerning Statutory Sick Pay (SSP) and self-isolation. Changes to the […]
Read Full StoryCoronavirus Job Retention Scheme – the next steps
27 May 2020
The Government’s Coronavirus Job Retention Scheme (CJRS), also known as the furlough scheme, was recently extended until October, with no changes until August. But what happens next with the scheme?
Read Full StoryNew Corporate Insolvency and Governance Bill to extend accounting deadlines
22 May 2020
The new Corporate Insolvency and Governance Bill will help maximise your business’ chance of survival throughout the coronavirus pandemic, it has been suggested.
Read Full StoryChanges to notifying an option to tax (VAT) on land and buildings during the Coronavirus pandemic
21 May 2020
HM Revenue & Customs (HMRC) has made temporary changes to the time limit and rules for notifying an option to tax (charge VAT on) land and buildings. Normally, when notifying HMRC of a decision to opt to tax land and buildings, you usually have 30 days to contact the tax authority either by printing and […]
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