Blog

Chancellor unveils new Job Support Scheme

A host of new support measures includes the introduction of ‘Pay As You Grow’ loans, as well as an extension to the 5% VAT rate for hospitality and tourism ACCOUNTING WEB  Thursday, 24 September 2020, 12:35   The chancellor has today announced a new Jobs Support Scheme that will see the government “directly support” the

Read More

Your easy guide to Buy to Let Stamp Duty tax

As a reminder, the temporary Stamp Duty tax relief put in place by the Chancellor to keep the property market buoyant post-lockdown applies until 31st March 2021. It’s straightforward for people buying residential homes – before July 2020, Stamp Duty was paid on any house purchases of £125,000 or over. The recent changes have now

Read More

Termination payments: Get the details right, part 1

Sarah Bradford provides an overview of the payments that may be made on the termination of an employment contract and how they should be treated for tax and NI purposes. As the coronavirus job retention scheme starts to wind down, employers are faced with the difficult decision as to which employees they can bring back

Read More

From the Pension Regulator

We’ve been keeping an eye on pensions throughout the crisis, making sure we support employers and savers during this difficult time. Our recently launched advertising campaign reminds employers that while their business might have changed due to COVID-19, their responsibilities towards their staff haven’t. Your clients must continue to assess and put eligible staff into

Read More

Stay safe at work

The government, in consultation with industry, has produced guidance to help make sure workplaces are as safe as possible. The Department for Business, Energy and Industrial Strategy (BEIS) has also hosted webinars on working safely during coronavirus. You can also visit the Coronavirus Business Support blog to read examples of how businesses such as Surrey

Read More

Restarting the strike off process

Source –  Companies House From 10 September 2020, we’ll restart the process for companies that have applied for voluntary strike off. From 10 October 2020, we’ll also resume the compulsory strike off process for companies we believe are no longer carrying on business or in operation.  Read more about how Companies House will resume the

Read More

Take action to prepare for 1 January 2021

Source –  Companies House While the government continues to negotiate a free trade agreement with the European Union, there are actions your business can take now to prepare for the end of the transition period after Brexit. You can use the straightforward checker tool at gov.uk/transition to identify the specific steps you need to take to be

Read More

End of VAT payment deferrals period from HMRC

To provide government support during the early stages and peak of the COVID-19 pandemic, HMRC gave businesses the option to defer VAT payments if they were unable to pay on time. They could do this without incurring late payment interest or penalties. Under the scheme, payment of VAT due between 20 March and 30 June

Read More

HMRC updates – how to collect the 1k job retention bonus

3 Aug 2020 source AAT HMRC has published additional information on the new Job Retention Bonus, which provides a bonus to employers who keep on their furloughed employees at least until the end of January 2021. The scheme allows employers to receive a one-off payment of £1,000 for every employee, previously claimed for under Coronavirus job

Read More

HMRC updates: CJRS deadlines, Finance Bill 2020-21

Here are the latest updates from HMRC for week commencing 20 July 2020. Key dates for the Coronavirus Job Retention Scheme (CJRS) We’re reminding customers about key dates for the Coronavirus Job Retention Scheme (CJRS) and actions they might need to take, to help your business. Key dates Submit your CJRS claim for periods ending

Read More

Refund Policy

For online payments taken via the Invoice Payment page, no refunds can be given as payment is only taken after my service has been provided.