HMRC updates tax guidance for waiving income and bonuses and charitable giving
HM Revenue & Customs (HMRC) has updated its guidance for people choosing to waive their income to support their business or a charity during the COVID-19 pandemic.Continue reading
One in 10 firms unable to reopen safely under current guidance, study reveals
One in 10 firms are unable to open safely under the Government’s current health and safety guidance, a major study has revealed.Continue reading
Coronavirus Job Retention Scheme – the next steps
The Government’s Coronavirus Job Retention Scheme (CJRS), also known as the furlough scheme, was recently extended until October, with no changes until August. But what happens next with the scheme?Continue reading
New Corporate Insolvency and Governance Bill to extend accounting deadlines
The new Corporate Insolvency and Governance Bill will help maximise your business’ chance of survival throughout the coronavirus pandemic, it has been suggested.Continue reading
One-third of SMEs ‘may never re-open’ after Covid-19, study reveals
One-third of small businesses believe they will never reopen as a result of Covid-19 disruption, according to the latest research.Continue reading
Self-Employment Income Support Scheme receives 440,000 applications on day one
The landmark Self-Employment Income Support Scheme (SEISS) recorded more than 440,000 applications on its first day, official figures have revealed.Continue reading
More than 423,000 workers were paid less than the National Minimum Wage in 2019
More than 423,000 workers were paid less than the National Minimum Wage (NMW) in 2019, according to a recent study.Continue reading
Self-Employment Income Support Scheme open for business
The Self-Employment Income Support Scheme (SEISS) is now open for business, weeks ahead of schedule.Continue reading
COVID-19: The impact on company car benefit in kind
Due to the coronavirus pandemic, many people in the UK are now working from home or have been placed on furlough leave, meaning that they are not using their employer-provided company car. But what is the impact on the benefit in kind (BIK)?Continue reading
Zero-rate of VAT applied to sales of PPE from today
The tax on personal protective equipment purchased by care homes, businesses, charities and individuals will be cut from today, it has been announced.Continue reading
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