By Tom Maxwell In Advice, Blog, NewsPosted 22/12/2020 No relaxation of the 31 January SA filing deadline Despite calls to relax the self-assessment filing deadline, HMRC have stated penalty notices will be issued as normal to anyone who files late. However, they will be allowing more time to appeal [...] 0 Read More
By Tom Maxwell In Advice, Blog, NewsPosted 21/12/2020 COVID-19 Update – 21 December – Exemption for employer reimbursement of COVID test Previously we noted the exemption for the provision of COVID antigen tests by employers, but not antibody tests. Now HMRC have confirmed that they will introduce a temporary income tax exemption [...] 0 Read More
By Tom Maxwell In Advice, Blog, NewsPosted 21/12/2020 COVID-19 Update – 21 December – Core support schemes extended to spring 2021 The government recently announced that the core COVID support schemes, including the CJRS and the three CBILS will run until spring 2021 to provide support for those who might need it. CJRS The [...] 0 Read More
By Tom Maxwell In Advice, Blog, NewsPosted 14/12/2020 COVID-19 Update – 14 December – Deadlines and reminders for CJRS claims Novembers claims for the CJRS must be submitted by close of play today (14 December). Although payroll dates often differ over the Christmas period, as long as claims are submitted by the [...] 0 Read More
By Tom Maxwell In Advice, Blog, NewsPosted 11/12/2020 COVID-19 Update – 11 December – Extension of the restrictions on issuing statutory demands and winding up petitions The Government have recently announced an extension of the restrictions on issuing statutory demands and winding up petitions. These restrictions were due to end on 31 December 2020 but have now [...] 0 Read More
By Tom Maxwell In Advice, Blog, NewsPosted 10/12/2020 UK VAT after the Brexit transitional period We have set out below a summary of how the existing UK VAT rules are likely to change after the end of the transition period. Please note that this is the situation as at 3 December 2020 and may [...] 0 Read More
By Tom Maxwell In Advice, Blog, NewsPosted 09/12/2020 COVID-19 Update – 9 December – Delays to CJRS claims HMRC will not be suspending activation codes for PAYE services in the latest phase of the CJRS but has confirmed that reasonable excuse provisions may apply if a claim is delayed pending receipt [...] 0 Read More
By Tom Maxwell In Advice, Blog, News, PayrollPosted 08/12/2020 New National Minimum & Living Wage rates The government supported the Low Pay Commissions recommendations around National Minimum and Living wage and as such announced the National Living Wage will increase by 2.2% to £8.91 an hour from [...] 0 Read More
By Tom Maxwell In Advice, Blog, NewsPosted 07/12/2020 COVID-19 Update – 07 December – VAT deferred by businesses Further information has been published by HMRC about the process for repaying deferred VAT by businesses in the first lockdown. Businesses will have the opportunity to enter a scheme where they [...] 0 Read More