HM Revenue & Customs (HMRC) has confirmed that employees serving notice cannot be claimed for from the Coronavirus Job Retention Scheme (CJRS) from 1 December 2020 onwards. It has also confirmed further details of plans to disclose details of claims made by employers from December onwards. Notice periods The change means employers cannot claim furlough […]
Disruption can be unforeseen and out of our control, and the coronavirus pandemic is a prime example of this. Many businesses have been significantly affected by the impact of the virus and the Government’s measures and the impact of exit from the EU single market are still unknown. Many businesses can face ‘disruption’, and there […]
If you are planning on spreading some festive cheer for your employees through a virtual staff party this winter, you will need to be aware of the potential tax implications.
The temporary £1 million increase to the Annual Investment Allowance (AIA) has now been extended until 1 January 2022 to help businesses invest, the Government has announced. The increase to the AIA, which saw relief rise from £200,000 to £1 million for two years from 1 January 2019, was originally due to end in January […]
Registered users of the Eat Out to Help Out scheme (EOTHO) should check their claims to ensure money has not been paid out incorrectly, HM Revenue & Customs (HMRC) has announced.
Companies House has urged businesses to file their annual accounts earlier than usual to avoid “last-minute” disruption caused by the coronavirus.
On 19 November 2020, the Government amended its guidance to give examples of what is meant by a ‘reasonable excuse’, for submitting furlough claims past the deadline.
As England prepares to lift its latest lockdown measures and enters a new tiered system of local restrictions many in the recruitment sector may have a feeling of déjà vu.
The third round of the Self-Employment Income Support Scheme (SEISS) will open on Monday 30 November 2020 with tighter eligibility criteria than have applied to the previous two rounds of the scheme. The third grant is worth 80 per cent of a self-employed individual’s usual trading profits over three months, capped at £7,500 in total […]