From August, employees will still continue to received 80% of their salary for hours un worked, but the Coronavirus Job Retention Scheme grants will cover 60% of employees’ usual wages for the hours not worked, up to a cap of £1,875.50. Employers will need to continue to pay their furloughed employees at least 80% of Read more about Coronavirus Job Retention Scheme – upcoming changes from 1 August 2021[…]
Compamies House website will be under going essential maintenance and will affect their online services on Saturday 10 July. Their WebCHeck service will be unavailable from 8am to 12pm, and their CHD service will be unavailable from 12pm to 4pm. There may be some disruption to their Webfiling and XML Gateway (software filing and search) Read more about Companies House – upcoming essential maintenance[…]
You may recall back in February 2021 Sam was nominated to be recongnised as one of Insightful Accountant’s 2021 International ProAdvisors as part our their ProAdvisor of the Year/Top 100 ProAdvisors Awards. We hope you will join us, in congratulating Sam, who has today been named one of Insightful Accountant’s Top 100 ProAdvisors for 2021. Read more about Insightful Accountant’s Top 100 ProAdvisors for 2021[…]
Claim your FREE coaching session with ActionCOACH Gain the confidence to grow your business in the current climate. Identify ways of creating and maintaining an efficient & motivated team. Implement 5 proven growth strategies for your business. Get more from your business with the world’s no.1 business coaching team In this free coaching session, you’ll Read more about Action Coach Partnerhsip[…]
HMRC has issued a warning to taxpayers to be careful when making a Self Employed Income Support Scheme (SEISS) grant claim as there are a number of scams circulating, with fraudsters using emails and text messages to try dupe the self-employed into making spurious claims. It is important not to click on any links before Read more about Warning of Self Employed Income Support Scheme (SEISS) grant Scams[…]
HMRC has confirmed the penalty regime for the Self Employed Income Support Scheme (SEISS) with harsh fines. An overclaimed Self Employed Income Support Scheme (SEISS) grant includes any amount paid which the self-employed person was not entitled to or received payments of more than the amount HMRC said they were entitled to when the claim Read more about HMRC pledges harsh fines for abuse of Self Employed Income Support Scheme (SEISS) grant[…]
The first change to the Coronavirus Job Retention Scheme will come into effect from 1 July 2021. From July, employees will still continue to receive 80% of their salary for hours unworked, but the Coronavirus Job Retention Scheme grants will cover 70% of employees’ usual wages for the hours not worked, up to a cap Read more about Coronavirus Job Retention Scheme – changes from July 2021[…]
The UK government has confirmed that its Plastic Packaging Tax is n (PPT) will come into force on 1 April 2022. The PPT will be charged at a rate of £200 per metric ton of chargeable plastic packaging components of a single specification. It will apply to plastic packaging components manufactured in or imported into the Read more about Plastic Packaging Tax – update[…]
Businesses that deferred VAT payments last year have less than a month left to join online and pay in monthly instalments under the VAT Deferral New Payment Scheme, HMRC has warned. The online portal for the new payment scheme will close on 21 June 2021. Over half a million businesses deferred £34 billion in VAT Read more about HMRC’s VAT Deferral New Payment Scheme set to close on 21st June[…]
HMRC has confirmed that the fifth Self-employment Income Support Scheme (SEISS) grant covering the period May 2021 to September 2021 will open to claims from late July. To be eligible for the grant, an individual must be self-employed or a member of a partnership. They must have traded in the tax year 2019/20 and submitted Read more about Fifth SEISS grant will be open to claims from late July[…]