HMRC: Penalty payments for non-compliance increase by 62 per cent
HM Revenue & Customs (HMRC) penalties for non-compliance by taxpayers have risen by 62 per cent, according to the latest research.Continue reading
Category Archives: COVID-19 Updates
CJRS: Deadline for November claims fast approaching
Claims under the Coronavirus Job Retention Scheme (CJRS) for November must be submitted no later than 14 December 2020, it has been cautioned.Continue reading
Coronavirus: Pubs in tier two and three areas set to receive new £1,000 grant funding
Pubs that principally serve alcohol in tier two and three areas are set to receive additional financial support over the Christmas period following an announcement by the Government.Continue reading
COVID-19: Time is running out to make November furlough claims
Businesses have just days left to make a claim for staff furloughed in November, with the deadline ending on 14 December 2020.Continue reading
Self-employed profits must be “significantly reduced” to claim third SEISS grant, says HMRC
Self-employed workers’ profits must be “significantly reduced” in order to claim the third instalment of the Self-Employment Income Support Scheme (SEISS), it has been revealed.Continue reading
HMRC to investigate Eat Out to Help Out scheme claimants
Registered users of the Eat Out to Help Out scheme (EOTHO) should check their claims to ensure that money has not been paid out incorrectly, HM Revenue & Customs (HMRC) has announced.Continue reading
COVID-19: Payment holidays on credit cards, car finance and personal loans extended
Payment holidays on credit cards, car finance, personal loans and pawned goods have been extended following the Government’s announcement of a second lockdown from Thursday 5 November.Continue reading
HMRC receives almost 55,000 tax relief claims for working from home
HM Revenue & Customs (HMRC) has received 54,800 tax relief claims from individuals for working from home using a new online portal.Continue reading
Heritage organisations set to receive £103 million under Culture Recovery Fund
Some 445 heritage organisations affected by Covid-19 are set to receive more than £103 million in affordable loans and grant funding, it has been revealed.Continue reading
COVID-19: National Audit Office warns up to 60 per cent of Bounce Back Loans may not be paid back
The Government’s spending watchdog, the National Audit Office (NAO), has warned that up to 60 per cent of businesses may not pay back the 100 per cent Government-backed Bounce Back Loans Scheme (BBLS) because of fraudulent applications and minimal credit checks.Continue reading
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