Most COVID support grants are treated as taxable income in the same way as other taxable receipts and need to be reported to HMRC. The grants are treated as income where the business is within the scope of either Income Tax or Corporation … Continue reading Declaring Covid Support Grants To HMRC
The Statutory Sick Pay (Coronavirus) (Funding of Employers’ Liabilities) (Closure) Regulations and the Statutory Sick Pay (Coronavirus) (Funding of Employers’ Liabilities) (Northern Ireland) (Closure) Regulations 2021 have been laid before Parliament … Continue reading Covid SSP Rebate Scheme Is Closing
The coronavirus Statutory Sick Pay Rebate Scheme will launch online on 26 May. The scheme will enable employers with less than 250 employees to claim coronavirus-related Statutory Sick Pay (SSP). Employers are eligible to use the scheme … Continue reading SSP Rebate Scheme Launching
Following an HMRC webinar attended by Avanti staff, here are some useful links for FAQs. The Chancellor’s statement https://www.gov.uk/government/speeches/the-chancellor-rishi-sunak-provides-an-updated-statement-on-coronavirus COVID-19: … Continue reading Covid-19 – Helpful Resource Links
We are receiving an extremely high number of calls in regards to paying employees statutory sick pay if they are off work due to coronavirus. We have put together a summary of information based on the most common questions asked over the last few … Continue reading Staff off work due to coronavirus, what should I pay and what can I reclaim?
Q: I understand the Government has issued a consultation on reforming the SSP rules. How will this affect my clients as employers? Answer … Continue reading Tax Question Of The Week – Possible SSP Reformation