For some considerable time, there have been tax incentives to encourage UK businesses to invest in plant and machinery and in turn grow the economy.
The Coronavirus Job Retention Scheme has been extended until 30 September 2021.
HMRC have issued guidance stating that the online service to claim the fifth grant of the Self Employment Income Support Scheme (SEISS) will be available from late July 2021.
Please find below updated information on the following points: - VAT deferral payment schemes - The new National Minimum Wage rates - Self Assessment Tax Payments.
The VAT Reverse charge on Construction Services is being introduced by HMRC from 1st March 2021 in response to organised criminal attacks on the VAT system in the construction sector.
HMRC has announced that to assist taxpayers, they can if they wish, pay their Self Assessment liabilities in instalments.
Here is a summary of the available grants and business support schemes. We will continue to provide the latest updates on grants and business support, as and when information becomes available to us.
It is now time to start preparing for our new relationship with the EU and the new rules which commence on 1 January 2021.
Following Rishi Sunak’s announcement last Thursday on how Government is providing support to help employers retain their employees through the Job Support Scheme (JSS) we want to update you with our understanding of the scheme.
HMRC have issued further guidance in regards to the Job Retention Bonus which we summarise below:
Yesterday the Chancellor announced a number of measures to assist employers and businesses during the Covid19 Pandemic.
Following on from our previous communications, we would like to remind you of the upcoming changes to the Coronavirus Job Retention Scheme (CJRS).
Since the start of the pandemic lockdown and all the issues this has created for businesses up and down the UK the focus for many owners, directors and indeed government has rightly been surviving this unprecedented period of shutdown.
On 1 June we outlined proposed changes to the Coronavirus Job Retention scheme. A significant volume of further guidance has now been issued and the following is only a summary, touching on some of the key points and does not go into detail on every matter.
Over the course of the pandemic the UK government has introduced various schemes each with the aim of supporting various sectors of the UK economy and society. Much of the support has been by way of grants, such as the small business grant, the Retail, Hospitality and Leisure Grant and the furlough scheme...
On Friday the Chancellor announced details of future changes to the government’s coronavirus support schemes. The key details are outlined below:
The Department for Business, Energy and Industrial Strategy has just published guidance on workers entitlement to holiday and holiday pay during the COVID-19 pandemic.