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How To Treat Employee Expenses And Benefits Provided During Coronavirus

Find out about taxable expenses and benefits when they are paid to employees because of coronavirus and how to report them to HMRC. This guidance is about Income Tax treatment only. National Insurance contributions treatment may vary depending on the individual benefit or expense. See: https://www.gov.uk/guidance/how-to-treat-certain-expenses-and-benefits-provided-to-employees-during-coronavirus-covid-19 Please talk to us if you need clarification in […]

Read more June 11th, 2020

Apply For The Coronavirus Local Authority Discretionary Grants Fund

The Discretionary Grant Fund supports small and micro businesses that are not eligible for other grant schemes opened on the 8 June in England. Small and micro businesses with fixed property costs that are not eligible for the Small Business Grant Fund or the Retail, Hospitality and Leisure Grant Fund may be eligible for the […]

Read more June 11th, 2020

Updates For Farmers, Landowners And Rural Businesses

Farm visits and inspections The Government is planning a phased return to on-farm visits and site inspections. These will begin from 1 June and will be based on business priority, starting with Countryside Stewardship and Environmental Stewardship inspections. To ensure they work within the regulations arising from COVID-19, they will adopt a revised approach to […]

Read more June 10th, 2020

Tax-Free Childcare And 30 Hours Free Childcare During Coronavirus

To help make sure critical workers can continue to access the childcare they need to enable them to work, even if their circumstances have changed during the Pandemic, the Government have made some temporary changes. Find out about temporary changes that may affect you if you are applying for, or already getting, Tax-Free Childcare or […]

Read more June 10th, 2020

10 Commonly Asked Redundancy Questions

1. How do I know if I need to make redundancies? Having to make redundancies is a difficult decision, and should be a last resort. It will be case specific to each business, but typically, redundancies are necessary where a workplace needs to close indefinitely, a job no longer exists or the need for a […]

Read more June 2nd, 2020

Extension Of Self-Employed Support Scheme

Alongside the announcement of changes to the Job Retention Scheme on 29 May 2020, the Chancellor also provided detail of the extension to the Self-Employed Income Support Scheme (SEISS). Self-employed people can continue to apply for the first grant up until 13 July 2020 which is for 80% of their average monthly trading profits. This […]

Read more June 2nd, 2020

Important Update On The Coronavirus Job Retention Scheme

Returning Part-Time Having pre-warned the public that significant changes would be made to the ‘Furlough’ scheme, the Government released the detail on 29 May 2020, and there was quite a lot more to it than expected. These are important changes, particularly the dates by which certain parts will be implemented and also by which no […]

Read more June 2nd, 2020

Six People Can Meet Outside Under New Measures To Ease Lockdown

PM Boris Johnson announced groups of up to six people will be able to meet outdoors in England from Monday 1 June, provided strict social distancing guidelines are followed. The Prime Minister announced the change as he set out a package to ease the lockdown in a way that is expected to keep the R […]

Read more June 1st, 2020

HMRC Changing Their Forms

HMRC is creating new versions of their forms that do not depend on Adobe Reader. Whilst this work is in progress the following methods can be used to make sure the form will download or open in Adobe Reader: whatever browser you use, review your settings to make Adobe Reader the default program for opening […]

Read more June 1st, 2020

Government Launches NHS Test And Trace Service

The Government launches its test and trace service today and has issued related guidance for England. There are equivalent arrangements for Scotland, Wales and Northern Ireland. The new NHS Test and Trace service will launch today (Thursday 28 May) across England, the government announced. The service will help identify, contain, and control coronavirus, reduce the […]

Read more May 28th, 2020

Prime Minister Sets Out Timeline For Retail To Reopen In June

Prime Minister Boris Johnson sets out a timeline for retail to reopen in June. Thousands of high street shops, department stores and shopping centres across England are set to reopen next month once they are COVID-19 secure and can show customers will be kept safe, Prime Minister Boris Johnson has confirmed today. The Prime Minister […]

Read more May 28th, 2020

Time To Plan Ahead

As we emerge slowly from lockdown, now is a good time to take stock of things and look ahead to how we can run our businesses with the “New Normal” environment we face. What is clear is that some form of social distancing will remain, and many businesses are adopting new ways of working within […]

Read more May 27th, 2020

PAYE Payment Deferral And Furloughed Employees Update

HMRC have now provided an update affecting those who are looking to defer PAYE payments through the Time To Pay system, but who also have furloughed employees. Basically, any PAYE which relates to furloughed employees is not eligible for the payment deferral. This will relate to payments of PAYE and Class 1 NIC due to […]

Read more May 26th, 2020

Apprenticeship Programme Response To Coronavirus

Guidance for apprentices, employers, training providers and assessment organisations in response to the impact of coronavirus (COVID-19). See: https://www.gov.uk/government/publications/coronavirus-covid-19-apprenticeship-programme-response The Government states this is a difficult time for apprentices, employers and providers of apprenticeship training, assessment and external assurance. The government is committed to supporting apprentices, and employers continue to build the skills capabilities the […]

Read more May 26th, 2020

Additional £40M For Cutting-Edge Start-Ups

Innovative businesses and start-ups are set to benefit from a £40 million government investment to drive forward new technological advances. The government is doubling investment in the Fast Start Competition with an additional £20 million. The competition aims to fast-track the development of innovations borne out of the coronavirus crisis while supporting the UK’s next […]

Read more May 26th, 2020