By Tom Maxwell In Advice, Blog, NewsPosted 01/12/2020 COVID-19 Update – 1 December – 3rd SEISS claim now open The portal for the Self-Employment Income Support Scheme opens in phases over this week allowing taxpayers to apply for the third grant. As previously highlighted the conditions for this grant [...] 0 Read More
By Tom Maxwell In Advice, News, Tax TipsPosted 01/12/2020 Change in Advisory Fuel Rates from 1 December 2020 HMRC has changed the advisory fuel rates for company cars with effect from 1 December 2020, but for one month from the date of change, employers may use either the previous or new current rates, [...] 0 Read More
By Tom Maxwell In Advice, Blog, NewsPosted 30/11/2020 Introduction of changes to protect your tax in insolvency Overview of measure From 1 December 2020, when a business enters insolvency, more of the taxes paid in good faith by its employees and customers, and temporarily held by the business, will go to [...] 0 Read More
By Tom Maxwell In Advice, Blog, NewsPosted 30/11/2020 COVID-19 Update – 30 November – Publishing CJRS claim detail Employers who claim CJRS for periods starting on or after 1 December 2020 need to be aware HMRC will publish information about these claims as part of their commitment to transparency and to [...] 0 Read More
By Tom Maxwell In Advice, Blog, NewsPosted 30/11/2020 Phish Food for Thought In a story that shouldn’t surprise anyone any more, we should be reminded how important it is to stress the need for vigilance with regard to cybersecurity amongst our workplaces and family, [...] 0 Read More
By Tom Maxwell In Advice, Blog, NewsPosted 30/11/2020 Are you planning a virtual Christmas party? As we prepare to exit full lockdown to enjoy the freedom of local restrictions, here’s a little something from HMRC for day 1 of your virtual advent calendar. Annual function exemption UK [...] 0 Read More
By Tom Maxwell In Advice, Blog, NewsPosted 27/11/2020 Brexit planning: VAT on overseas goods HMRC has published 2 separate pieces of guidance on how businesses will deal with VAT when selling overseas goods to customers within Great Britain from 1 January 2021. One guide provides advice [...] 0 Read More
By Tom Maxwell In Advice, Blog, NewsPosted 27/11/2020 COVID-19 Update – 27 November – Key dates coming up for Coronavirus Job Retention Scheme The CJRS has been extended to 31 March 2021, but the scheme changed from 1 November 2020 making many more people eligible. Here are the key dates you need to be aware of. 30 November 2020 This is [...] 0 Read More
By Tom Maxwell In Advice, Blog, NewsPosted 27/11/2020 COVID-19 update – 26 November – Support available in the new tier system With the tier system set to resume, here is a summary of the main support measures available to businesses to help you survive this winter. Coronavirus Job Retention Scheme 80% of employees’ [...] 0 Read More
By Tom Maxwell In Advice, Blog, NewsPosted 26/11/2020 COVID-19 update – 26 November – Apprenticeship funding and Business rates multiplier frozen More apprenticeship funding for SMEs From August 2021, employers that pay the Apprenticeship Levy will be able to transfer unspent levy funds in bulk to SMEs via a pledge function. Unspent levy [...] 0 Read More