By Tom Maxwell In Advice, Blog, NewsPosted 02/09/2020 COVID-19 Update – 2 September – Kickstart Scheme The government are funding £2b to their new kickstart scheme designed to create high-quality 6-month work placements for 16-24 year-olds who are on Universal Credit and deemed to be at risk of [...] 0 Read More
By Tom Maxwell In Advice, Blog, NewsPosted 01/09/2020 COVID-19 Update – 1 September – Changes to CJRS We would like to remind you that the changes to the Coronavirus Job retention Scheme come into effect today. The government will only pay 70% of wages up to a maximum cap of £2,187.50 for the [...] 0 Read More
By Tom Maxwell In Advice, Blog, NewsPosted 28/08/2020 COVID-19 Update – 28 August – Payment for people self-isolating in high-risk areas The government is implementing a new scheme where those who are on a low income, have to self-isolate and are unable to work from home in areas with a high incidence of COVID-19 will benefit from [...] 0 Read More
By Tom Maxwell In Advice, Blog, NewsPosted 27/08/2020 COVID-19 Update – 27 August – CJRS: Employers urged to get their data right HMRC has updated the guidelines for making a claim under the CJRS to indicate that files with details of 100+ furloughed employees will be rejected if not formatted correctly. Employers will be [...] 0 Read More
By Tom Maxwell In Advice, Blog, NewsPosted 25/08/2020 HMRC extends CGT 30-day reporting functionality From our previous new article, you should be aware that there is a new requirement to report and pay capital gains tax (CGT) on disposals of UK residential property within 30 days of completion [...] 0 Read More
By Tom Maxwell In Advice, Blog, NewsPosted 20/08/2020 COVID-19 update – 20 August – CBILS ‘extension’ and CJRS compliance activity. CBILS ‘extension’ Banks have been given extra time to distribute CBILS loans to medium and larger businesses. The British Bank has written to all lenders to say applications for the Coronavirus [...] 0 Read More
By Tom Maxwell In Advice, Blog, NewsPosted 19/08/2020 Engage early with HMRC on tax debts HMRC have released two policy papers giving guidance for taxpayers who are having trouble paying their tax on time: How HMRC treats customers who have a tax debt and How HMRC supports customers [...] 0 Read More
By Tom Maxwell In Advice, Blog, NewsPosted 19/08/2020 COVID-19 update – 19 August – £20m professional services grant To help recover from the impacts of COVID-19, small businesses will be able to benefit from the latest government grants designed to help them access professional advice, including guidance from [...] 0 Read More
By Tom Maxwell In Advice, Blog, NewsPosted 18/08/2020 COVID-19 Update – 18 August – Second SEISS grant and employment allowance and CJRS. Self-employed Income Support Scheme (SEISS) Self-employed workers can now apply for the second grant through the Self-employed Income Support Scheme. Those who are eligible for the grant will be [...] 0 Read More
By Tom Maxwell In Advice, Blog, NewsPosted 13/08/2020 COVID-19 Update – 13 August – Eat Out to Help Out Businesses who have registered for the Eat Out to Help Out Scheme will be pleased to know the claim system is now open. You can only claim 7 days from the date of your registration, and you can [...] 0 Read More