One of the measures announced by HMRC at the start of the coronavirus pandemic was the introduction of emergency measures to help those affected by COVID-19 using the existing Time to Pay service. Businesses and self-employed people in financial … Continue reading Time To Pay Arrangements
Employers should notify HMRC if they have received a CJRS payment to which they are not entitled and pay back any amounts of CJRS grants claimed in error. By paying back any amounts they were not entitled to, employers can avoid any tax liability for … Continue reading Have You Overclaimed A CJRS Grant?
The Statutory Sick Pay (General) (Coronavirus Amendment) (No. 7) Regulations 2020 came into force on 24 December 2020. The regulations have further amended the Statutory Sick Pay (General) Regulations 1982 to reflect recent government changes to the … Continue reading SSP Regulations Updated
The government’s £500 million scheme to kickstart film and television production entitled the Film and TV Production Restart Scheme helps UK film and TV productions struggling to secure insurance for COVID-19 related costs. The scheme allows TV … Continue reading Film & TV Production Restart Scheme
Following the announcement of a third lockdown by the Prime Minister last night, the Chancellor has confirmed that there will be further funding with a one off grant being made available. Businesses in hospitality, retail and leisure industries … Continue reading Hospitality, Retail and Leisure To Receive Emergency Funding
BUSINESS NEWS A Brexit trade deal seemed unlikely for sometime with no deal touted as the expected result of discussions by many including the PM, but in a 'surprising' twist on Christmas Eve, smoothed out the Brexit bumps and agreed a trade deal. … Continue reading Brexit – EU Trade Deal Update
The Construction Industry Scheme (CIS) is a set of special rules for tax and National Insurance for those working in the construction industry. Businesses in the construction industry are known as contractors and subcontractors. Under the scheme, … Continue reading Changes to the Construction Industry Scheme
This month's client spotlight is on - UK Business Wire At a time when traditional press and PR methods are no longer as effective, UK BusinessWire guarantees nationwide coverage for your business news stories. The UK Business Wire is an … Continue reading Client Spotlight
The ability to check a UK VAT number is available at https://www.gov.uk/check-uk-vat-number. This service allows users to check: if a UK VAT registration number is validthe name and address of the business the number is registered … Continue reading How To Check VAT numbers
The government has unveiled three new consultations to help combat fraud by reforming the UK’s register of company information. This follows an announcement earlier this year that Companies House will be reformed to clamp-down on fraud and money … Continue reading Fraud Crack Down Measures Announced
If Rishi Sunak lives up to his 2020 pronouncements, that COVID support will have to be paid for at some time in the future, we can expect tax increases in the Finance Bill due to be announced February 2021.He needs to do this in such a way that we … Continue reading Will 2021 see tax increases?
In a series of announcements today (17th December) including the planned staggered return of secondary schools following Christmas, and the introduction of Tier 3 restrictions, Rishi Sunak announced that the furlough scheme will be extended to the … Continue reading Furlough Scheme Extended