The government recently announced the Job Support Scheme (JSS) to protect jobs where businesses remain open but are facing lower demand over the winter months due to COVID-19. Under Job Support Scheme the government will contribute towards the wages of employees if they are working fewer than normal hours due to decreased demand. Employers will Read more about Job Support Scheme[…]
Temporary easement measures taken in response to coronavirus (COVID-19) have been kept under monthly review, by Companies House, but from today (10 October) the measure to suspend compulsory strike off action will be lifted. This means they will resume the process to remove a company from the register if there’s reasonable cause to believe it’s Read more about Companies House to resume compulsory strike off process[…]
HMRC has recently announced that anyone required to complete a self-assessment return will no longer automatically be sent a paper form to complete. Many tax payers have already told HMRC they don’t want to receive a paper tax return, They receive an electronic request to complete a self-assessment return via their personal tax account.
A new P46 car (online and paper version) should be used from 6 April 2020. If after 5 April 2020 an employee’s company car is changed or they have use of one for the first time, and it’s a zero or low emissions car, you’ll need to notify HMRC in the new box added to Read more about New reporting process for cars[…]
If you deferred paying your July 2020 Payment on Account, you will need to pay the deferred amount, in addition to any balancing payment and first 2020/21 Payment on Account, by 31 January 2021. This may be a larger payment than you usually pay in January. If you are unable to pay your Self-Assessment bill in Read more about New Self Assessment Self-Serve Time To Pay Scheme[…]
A new Job Support Scheme will be introduced from 1 November to protect jobs where businesses are facing lower demand over the winter months due to coronavirus (COVID-19). Under the scheme, which will run for six months, the government will contribute towards the wages of employees who are working fewer than normal hours due to decreased demand. Employers Read more about New Job Support Scheme[…]
The Government announced that those that took out ‘Bounce Back Loans’ will now be able to pay back over ten years rather than six. There will also be the option to have interest-only periods of up to six months and payment holidays. For those that accessed the Coronavirus Business Interruption Loan Scheme, lenders will be Read more about Extending loans[…]
The government is continuing its support for millions of self-employed individuals by extending the Self-Employment Income Support Scheme (SEISS) grant. Self-employed individuals and members of partnerships who are eligible for the Self-Employment Income Support Scheme and are actively continuing trading but are experiencing reduced demand due to coronavirus (COVID-19), will be eligible for a further Read more about Self Employment Income Support Scheme extended[…]