HMRC has published the latest edition of the Employer Bulletin. This guidance for employers, and their agents, includes articles on: Coronavirus Job Retention Scheme and what employers need to do from August onwards making sure you are paying the correct workplace pension contributions new laws to ensure furloughed employees receive full statutory redundancy payments the ...

As the UK prepares to fully leave the EU at the end of the year there are likely to be a number of VAT changes that may effect your business. Be prepared to leave   Import goods from the EU to GB from 1-Jan-21   Export goods from GB to EU from 1-Jan-21   If you have concerns or questions, please contact Andy Webb on 01932 830664 or through your usual client partner conta ...

HMRC guidance has been updated to identify examples of HMRC related phishing emails and bogus contact. Find out about websites, emails, letters, text messages and phone calls used by scammers and fraudsters to get your personal information  Use these examples to help decide if contact from HMRC is genuine. The examples show you the different methods fraudsters use to get you ...

Two self assessment deadlines are approaching: 5th October 2020 For those individuals who have not previously completed a tax return but need to report a liability for 2019/20. 31st October 2020 For those individuals who have previously submitted 'paper' self assessment tax returns the deadline for the 2019/20 return is 31 October 2020. Returns submitted after that ...

HMRC are inviting those individuals that are self employed or a member of a partnership and have been adversely affected by coronavirus to claim a second grant under the Self Employed Income Support Grant. Applications for the first grant under the scheme closed on 13 July 2020. The second and final taxable grant is worth 70% of an individual's average monthly trading profits ...

The Kickstart Scheme provides funding to employers to create job placements for 16 to 24 year olds. The government has introduced a new Kickstart Scheme in Great Britain, a £2 billion fund to create hundreds of thousands of high quality 6-month work placements aimed at those aged 16 to 24 who are on Universal Credit and are deemed to be at risk of long term unemployment. Fund ...

From 1‌‌ September HMRC will now pay 70% of usual wages up to a cap of £2,187.50 per month for the hours furloughed employees do not work. What you or your clients need to do now Continue to pay furloughed employees 80% of their usual wages for the hours they do not work, up to a cap of £2,500 per month. Employers will need to fund the difference between this and the CJRS g ...

The deadlines for filing and paying CGT arising on the sale of an interest in UK property has changed as from 6 April 2020. UK residents making a gain which is liable to CGT from the disposal of residential property situated in the UK now have 30 days from conveyance in which to notify HMRC and pay across any CGT that is due. Non-UK residents have been subject to these report ...

The Kickstart scheme is aimed at helping unemployed young people into work. The new scheme will see hundreds of thousands of state-funded jobs created for 16-to-24-year-olds who are currently claiming Universal Credit and at risk of long-term unemployment. Those who sign up can start in the autumn and there is no cap on the number of people who can sign up to the scheme. The K ...

From 1 August 2020 - 31 Jan 2021, Businesses will be given £2,000 for each new apprentice they hire under the age of 25, and £1500 for every new apprentice over the age of 25. If your business has more than 50 employees, then you pay just 5% of the apprenticeship training costs, with the government funding the remaining 95% of the training costs. Additional payments of up to ...